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Institut Für Weltwirtschaft
The Kiel Institute for the World Economy (, or IfW Kiel) is an independent, non-profit economic research institute and think tank based in Kiel, Germany. In 2017, it was ranked as one of the top 50 most influential think tanks in the world and was also ranked in the top 15 in the world for economic policy specifically. The German business newspaper ''Handelsblatt'' referred to the institute as "Germany's most influential economic think tank", while ''Die Welt'' stated that "The best economists in the world are in Kiel" (). Founded in 1914, the institute is the oldest economic research institute in Germany. Its main areas of specialities include International economics, global economic research, economic policy, and economic education. The institute gave rise to the world's largest specialist library of economics and the social sciences, the German National Library of Economics, which has access to more than four million publications in printed or electronic format and subscriptio ...
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Non-profit
A nonprofit organization (NPO), also known as a nonbusiness entity, nonprofit institution, not-for-profit organization, or simply a nonprofit, is a non-governmental (private) legal entity organized and operated for a collective, public, or social benefit, as opposed to an entity that operates as a business aiming to generate a Profit (accounting), profit for its owners. A nonprofit organization is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. Depending on the local laws, charities are regularly organized as non-profits. A host of organizations may be non-profit, including some political organizations, schools, hospitals, business associations, churches, foundations, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be Tax exemption, tax-exempt, and some may also qualify to receive tax-deductible contributions, but an enti ...
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Financial Stability
Financial stability is the absence of system-wide episodes in which a financial crisis occurs and is characterised as an economy with Volatility (finance), low volatility. It also involves financial systems' stress-resilience being able to cope with both good and bad times. Financial stability is the aim of most governments and central banks. The aim is not to prevent crisis or stop bad financial decisions. It is there to hold the economy together and keep the system running smoothly while such events are happening. The foundation of financial stability is the creation of a system that is able to absorb all of the positive and negative events that happen to the economy at any given time. It has nothing to do with preventing individuals or businesses from failing, losing money, or succeeding. It is merely assisting in the creation of conditions for the system's continued efficient operation in the face of such occurrences. The economy is one that is constantly changing and expandi ...
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Wassily Leontief
Wassily Wassilyevich Leontief (; August 5, 1905 – February 5, 1999) was a Soviet-American economist known for his research on input–output analysis and how changes in one economic sector may affect other sectors. Leontief won the Nobel Memorial Prize in Economic Sciences in 1973, and four of his doctoral students have also been awarded the prize (Paul Samuelson 1970, Robert Solow 1987, Vernon L. Smith 2002, Thomas Schelling 2005). Biography Early life Wassily Leontief was born on August 5, 1905, in Munich, German Empire, the son of Wassily W. Leontief (professor of Economics) and Zlata (German spelling ''Slata''; later Evgenia) Leontief (née Becker). Wassily Leontief Sr. belonged to a family of Russian old-believer merchants living in St. Petersburg since 1741. Evgenia (Genya) Becker belonged to a wealthy Jewish family from Odessa. At 15 in 1921, Wassily Jr. entered Petrograd State University in present-day St. Petersburg. He earned his Learned Economist degree (equiv ...
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Jacob Marschak
Jacob Marschak (23 July 1898 – 27 July 1977) was an American economist. Life Born in a Jewish family of Kyiv, Jacob Marschak (until 1933 ''Jakob'') was the son of a jeweler. During his studies, he joined the social democratic Menshevik Party, becoming a member of the Menshevik International Caucus. In 1918, he was the labor minister in the Terek Soviet Republic. In 1919, he emigrated to Germany, where he studied at the University of Berlin and the University of Heidelberg. From 1922 to 1926, he was a journalist, and in 1928, he joined the new Kiel '' Institut für Weltwirtschaft''. With the gathering Nazi storm, he emigrated to England, where he went to Oxford to teach at the Oxford Institute of Statistics, which was funded by the Rockefeller Foundation, allowing him to emigrate to the United States in 1939. After teaching at the New School for Social Research, in 1943, he went to University of Chicago, where he led the Cowles Commission. He followed the commission's mo ...
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Adolph Lowe
Adolph Lowe (born ''Adolf Löwe''; 4 March 1893 – 3 June 1995) was a German sociologist and economist. His best known student was Robert Heilbroner. He was born in Stuttgart Stuttgart (; ; Swabian German, Swabian: ; Alemannic German, Alemannic: ; Italian language, Italian: ; ) is the capital city, capital and List of cities in Baden-Württemberg by population, largest city of the States of Germany, German state of ... and died in Wolfenbüttel. Major publications of Adolph Lowe *''Arbeitslosigkeit und Kriminalität'', 1914. *"Zur Methode der Kriegswirtschaftsgesetzgebung", 1915, ''Die Hilfe'' *"Die freie Konkurrenz", 1915, ''Die Hilfe'' *''Wirtschaftliche Demobilisierung'', 1916. *"Mitteleuropäische Demobilisierung", 1917, ''Wirtschaftszeitung der Zentralmächte''. *"Die ausführende Gewalt in der Ernährungspolitik", 1917, ''Europäische Staats- und Wirtschaftszeitung'' *"Die Massenpreisung im System der Volksernährung", 1917, ''Europäische Staats- und W ...
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Weimar Republic
The Weimar Republic, officially known as the German Reich, was the German Reich, German state from 1918 to 1933, during which it was a constitutional republic for the first time in history; hence it is also referred to, and unofficially proclaimed itself, as the German Republic. The period's informal name is derived from the city of Weimar, which hosted the constituent assembly that established its government. In English, the republic was usually simply called "Germany", with "Weimar Republic" (a term introduced by Adolf Hitler in 1929) not commonly used until the 1930s. The Weimar Republic had a semi-presidential system. Toward the end of the First World War (1914–1918), Germany was exhausted and suing for peace, sued for peace in desperate circumstances. Awareness of imminent defeat sparked a German Revolution of 1918–1919, revolution, Abdication of Wilhelm II, the abdication of Kaiser Wilhelm II, the proclamation of the Weimar Republic on 9 November 1918, and formal cessa ...
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World War I
World War I or the First World War (28 July 1914 – 11 November 1918), also known as the Great War, was a World war, global conflict between two coalitions: the Allies of World War I, Allies (or Entente) and the Central Powers. Fighting took place mainly in European theatre of World War I, Europe and the Middle Eastern theatre of World War I, Middle East, as well as in parts of African theatre of World War I, Africa and the Asian and Pacific theatre of World War I, Asia-Pacific, and in Europe was characterised by trench warfare; the widespread use of Artillery of World War I, artillery, machine guns, and Chemical weapons in World War I, chemical weapons (gas); and the introductions of Tanks in World War I, tanks and Aviation in World War I, aircraft. World War I was one of the List of wars by death toll, deadliest conflicts in history, resulting in an estimated World War I casualties, 10 million military dead and more than 20 million wounded, plus some 10 million civilian de ...
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National Economies
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of resources. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. However, mone ...
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World Economy
The world economy or global economy is the economy of all humans in the world, referring to the global economic system, which includes all economic activities conducted both within and between nations, including production (economics), production, consumption (economics), consumption, management, economic management, Work (human activity), work in general, financial transactions and trade of goods and services. In some contexts, the two terms are distinct: the "international" or "global economy" is measured separately and distinguished from national economies, while the "world economy" is simply an aggregate of the separate countries' measurements. Beyond the minimum standard concerning value in production, use and exchange, the definitions, representations, models and valuations of the world economy vary widely. It is inseparable from the geography and ecology of planet Earth. It is common to limit questions of the world economy exclusively to Economics, human economic activit ...
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University Of Kiel
Kiel University, officially the Christian Albrecht University of Kiel, (, abbreviated CAU, known informally as Christiana Albertina) is a public research university in the city of Kiel, Germany. It was founded in 1665 as the ''Academia Holsatorum Chiloniensis'' by Christian Albert, Duke of Holstein-Gottorp and has approximately 27,000 students today. It is the largest, oldest, and most prestigious university in the state of Schleswig-Holstein. Until 1866, it was not only the northernmost university in Germany but at the same time the 2nd largest university of Denmark. Faculty, alumni, and researchers of Kiel University have won 12 Nobel Prizes. Kiel University has been a member of the German Universities Excellence Initiative since 2006. The Cluster of Excellence The Future Ocean, which was established in cooperation with the GEOMAR Helmholtz Centre for Ocean Research Kiel in 2006, is internationally recognized. The second Cluster of Excellence "Inflammation at Interfaces" d ...
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Krupp
Friedrich Krupp AG Hoesch-Krupp (formerly Fried. Krupp AG and Friedrich Krupp GmbH), trade name, trading as Krupp, was the largest company in Europe at the beginning of the 20th century as well as Germany's premier weapons manufacturer during both world war, world wars. It produced battleship, battleships, U-boats, tanks, howitzers, guns, utilities, and hundreds of other commodities. The company also produced steel used to build railroads in the United States and to cap the Chrysler Building. After the Nazi Germany, Nazis seized power in Germany, Krupp supported the regime and was one of many German businesses that profited from forced labour under German rule during World War II, slave labor during World War II. Upon the war's end, the head of the company, Alfried Krupp, was tried and convicted as a war criminal for employing prisoners of war, foreign civilians and concentration camp inmates under inhumane conditions in support of the Nazi war effort. Despite being senten ...
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Deutsche Zentralbibliothek Für Wirtschaftswissenschaften Kiel
Deutsch ( , ) or Deutsche ( , ) may refer to: * or : the German language or in particular Standard German, spoken in central European countries and other places *Old High German language refers to Deutsch as a way to define the primary characteristic of the people of the land with importance given to masculine strength - Dhaithya in Samskrutham (aka Sanskrit) meaning a physically very strong man, who is not concerned about his actions and their consequences that use his strength, as he is blinded by the temporary power he possesses at the moment. *: Germans, as a weak masculine, feminine, or plural demonym * ''Deutsch'' (word), originally referring to the Germanic vernaculars of the Early Middle Ages Businesses and organisations *André Deutsch, an imprint of Carlton Publishing Group *Deutsch Inc., a former American advertising agency that split in 2020 into: **Deutsch NY, a New York City-based advertising agency * Deutsche Aerospace AG *Deutsche Akademie, a cultural organisati ...
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