Burdens for Businesses Due to the War in Ukraine

Abstract The war in Ukraine is placing considerable burdens on the German economy. Based on the economic survey conducted by the German Economic Institute, the different various transmission paths and effects can be assessed. Almost 80% of companies currently see themselves burdened by high energy p...

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Main Authors: Michael Grömling, Hubertus Bardt
Format: Article
Language:deu
Published: Sciendo 2022-04-01
Series:Wirtschaftsdienst
Online Access:https://doi.org/10.1007/s10273-022-3159-7
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author Michael Grömling
Hubertus Bardt
author_facet Michael Grömling
Hubertus Bardt
author_sort Michael Grömling
collection DOAJ
description Abstract The war in Ukraine is placing considerable burdens on the German economy. Based on the economic survey conducted by the German Economic Institute, the different various transmission paths and effects can be assessed. Almost 80% of companies currently see themselves burdened by high energy prices. More than 40% of businesses expect their operations to be impacted in the short term by failed input deliveries; the expected burden due to impending bottlenecks in the energy supply is just as high. Concerns have increased since the first survey in the first half of March. In the medium term, companies expect to face increasing burdens from the war.
format Article
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institution Kabale University
issn 1613-978X
language deu
publishDate 2022-04-01
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series Wirtschaftsdienst
spelling doaj-art-779323cc0609440a9fc45ae370d3f2592025-02-02T21:25:31ZdeuSciendoWirtschaftsdienst1613-978X2022-04-01102428328710.1007/s10273-022-3159-7Burdens for Businesses Due to the War in UkraineMichael Grömling0Hubertus Bardt1Strukturwandel, Verteilung, Lohnfindung, Institut der deutschen Wirtschaft Köln e.V.Strukturwandel, Verteilung, Lohnfindung, Institut der deutschen Wirtschaft Köln e.V.Abstract The war in Ukraine is placing considerable burdens on the German economy. Based on the economic survey conducted by the German Economic Institute, the different various transmission paths and effects can be assessed. Almost 80% of companies currently see themselves burdened by high energy prices. More than 40% of businesses expect their operations to be impacted in the short term by failed input deliveries; the expected burden due to impending bottlenecks in the energy supply is just as high. Concerns have increased since the first survey in the first half of March. In the medium term, companies expect to face increasing burdens from the war.https://doi.org/10.1007/s10273-022-3159-7
spellingShingle Michael Grömling
Hubertus Bardt
Burdens for Businesses Due to the War in Ukraine
Wirtschaftsdienst
title Burdens for Businesses Due to the War in Ukraine
title_full Burdens for Businesses Due to the War in Ukraine
title_fullStr Burdens for Businesses Due to the War in Ukraine
title_full_unstemmed Burdens for Businesses Due to the War in Ukraine
title_short Burdens for Businesses Due to the War in Ukraine
title_sort burdens for businesses due to the war in ukraine
url https://doi.org/10.1007/s10273-022-3159-7
work_keys_str_mv AT michaelgromling burdensforbusinessesduetothewarinukraine
AT hubertusbardt burdensforbusinessesduetothewarinukraine