Press Releases

Principles of Research Integrity

On 7 October 2020, IHS director Martin Kocher, together with Christoph Badelt from the Austrian Institute of Economic Research (WIFO), presented principles of scientific integrity in commissioned research studies. The principles were developed and jointly adopted by the two institutes, with the involvement of the Austrian Agency for Scientific Integrity (ÖAWI). Nicole Föger, director of the ÖAWI, was also speaking at the presentation. The presentation took place in a digital media chat with representatives from Austrian media outlets.

Timely Economic Data in the new IHS Monitor

The timely availability of indicators for assessing the current economic situation is essential for a foresighted, rapid and appropriate response by economic policymakers. IHS therefore launched an Economic High-Frequency Monitor to provide a rapidly available, high-frequency set of indicators to enable the timely analysis and assessment of the economic activity of the Austrian economy.

Housing for Students is Becoming More and More Expensive

Austrian students spend an average of 440 € per month on housing - student housing subsidy is intended to counteract the rise in costs.

Open Societies Need Open Science

Open Science is the focus of attention at the Institute for Advanced Studies (IHS) this September. The exhibition Open UP! shows the interconnection of digitization and science. On September 15, the opening event will take place at the Institute, which will focus on the Open Science Strategy in Austria.

Improve Alignment of Research and Societal Values in the EU and its Member States

A recent article published in Science Magazine shows that while the EU promotes social and ethical values in research and innovation, such values are not well integrated in research policy or practice. Responsible research and innovation principles have been designed to enhance an inclusive and democratic approach to enabling research and innovation (R&I) to reflect values, needs and aspirations of society. The article co-authored by Erich Griessler and Robert Braun, IHS, suggests a lack of integration of ethics and public engagement in European research projects. As new disruptive technologies emerge, they are accompanied with persistent and growing societal concerns about their social and ethical impacts, failing to take the social and ethical values in research and innovation into consideration systematically may increase distrust in science and its advances.

Economic Forecast June 2020: COVID-19 induced recession requires extraordinary economic policy efforts

“The stranglehold of the corona pandemic is beginning to loosen in the second half of the year. Recent declines in short-time work and (an albeit weak) reduction in unemployment figures show that the economy is slowly picking up speed again." explains Martin Kocher, Director of the Institute for Advanced Studies (IHS). Overview of the current figures: Over the whole of 2020, IHS expects economic output to decline by 7.25%. In the Euro Area, this decline is even more pronounced at 8.5%. The current climate of uncertainty is harming private consumption in the short to medium term. The Institute expects a decrease of 4.4% in 2020 compared to the previous year. An increase in the savings rate from 8.3% to 10.9% emphasizes this uncertainty.

Economic Forecast March 2020: Coronavirus causes a recession in Austria

The Covid-19 pandemic and the policies implemented to contain the spread of the virus have led to a global economic downturn. The Institute for Advanced Studies (IHS) forecasts a recession in Austria, where economic output will decline by at least 2% in 2020. This forecast is based on the assumption that the policies implemented to contain the spread of the virus will be lifted by mid-April. Therefore, these predictions of the economic downturn should be viewed with the understanding that they are dependent on the development of the pandemic and the accompanying economic, political and health policies.

Trade Deficit Between China and the Euro Area

The rise of China in the world economy and its growing importance as international investor raises concerns of policy makers in some countries. The US government raised tariffs on imports from China to tackle the large trade deficit of the US vis-à-vis China. Trade between the euro area and China is almost balanced, with a small deficit in trade with goods and a small surplus in the services balance of the euro area.Thus, European policy makers are well advice to advocate free market access, but reciprocity is important.

Forecast of the Austrian Economy 2019-2020

The weakness of the global economy is weighing on the Austrian economy. After 2.4 % in the previous year, GDP growth is estimated to edge down to 1.6 % in the current year. For the years 2020 and 2021, growth is projected at 1.3 % and 1.6 % respectively.

Future Financing of Long-Term Care

Keeping in mind the fact of an aging population an the resulting increase in the need for long-term care, it is essential to ensure the financing of long-term care. Since other Western European countries face similar challenges, it is worth to look beyond Austria's borders in order to gain startin points for improving the Austrian care system.

Ausbildung bis 18 has economic and social benefits

The reform-program Ausbildung bis 18 aims at keeping young adults in some form of education until they reach the age of 18. Avoiding early school dropout is of high importance for all affected. The program is advisable in the economic sense as well: In the long term, IHS expects a rise in GDP of 1,27 percent or 4,4 billion Euros.

Joint Economic Forecast: Economy Cools Further – Industry in Recession

Germany’s leading economics research institutes have revised their economic forecast for Germany significantly downward. Whereas in the spring they still expected gross domestic product to grow by 0.8 percent in 2019, they now expect GDP growth to be only 0.5 percent. Reasons for the poor performance are the falling worldwide demand for capital goods – in the exporting of which the Germany economy is specialized – as well as political uncertainty and structural changes in the automotive industry.

Vienna Healthcare Lectures 2019

This years Vienna Healthcare Lectures are focussed on finding ways towards a more patient-centered health care system.

Forecast of the Austrian Economy 2019–2023

The Austrian economy is on a solid growth path. For the period 2019 to 2023, the Institute expects real GDP to grow by an average of 1.6 % per year, after 1.8 % in the past five years. Output in Austria should thus grow slightly more strongly than in the euro area (1.4 %).

Global Rise of Obesity

Obesity is on the rise on a global scale which leads to major challenges for health care systems. The food industry plays a questionabel role in the process.

On the Future of Road Transport

The European Commission published its flagship report on the future of road transport, which deals about implications of automated, connected, low-carbon and shared mobility. IHS senior researcher Robert Braun contributed a chapter on privacy, democracy and social fairness, addressing ways in which cities can support the transition towards sustainable urban mobility.

IHS Economic Forecast: Global economic weakness slows domestic exports

Since the second half of 2018, the global economy has expanded only moderately. In line with international developments, the upswing of the Austrian economy has lost momentum. The more unfavourable international environment weighs particularly on industrial production. As domestic demand is likely to remain robust, the Institute expects the Austrian economy to continue to grow by 1.5 % this year and 1.6 % next year.

Stand Firm on the Protection of Non-Smokers

The announcement by the ÖVP to introduce the smoking ban in the version that was going to be implemented in 2015 is gratifying. The 2015 act was well thought out and the result of years of negotiations. We take the ÖVP at its word and assume that, except for small details, nothing will change.

Joint Economic Forecast: Significant cooling of the economy

Germany’s leading economics research institutes have revised their forecasts for economic growth in 2019 signifi­cantly downward. They expect Germany’s gross domestic product to increase by 0.8%. This is more than one percentage point less than in autumn 2018, when the forecast was still for 1.9% growth. In contrast, the institutes confirm their previous forecast for the year 2020: gross domestic product is expected to increase by 1.8%.

Rise in part-time Employment in Vienna

On behalf of the city of Vienna, IHS analysed part-time employment in Vienna. Between 2004 and 2017 the authors of the study found a rise in part-time employment of 140.000 people (85%).

IHS Economic Forecast: Domestic demand supports growth

GDP growth in the euro area slowed further in the second half of 2018 and is likely to remain weak at the beginning of 2019. GDP growth in Austria also lost momentum through 2018, after a strong start at the beginning of the year. Supported by robust domestic demand, the Austrian economy is expected to grow by 1.5 % in 2019 and 1.6 % in 2020, after 2.7 % in 2018.

Second Meeting Platform Register Research

On wednesday, the second meeting of the platform for register research convened at IHS. More than 30 representatives of multiple research institutions attended to debate the latest developments regarding the access to public data stocks for science.

Policy Brief: Reviving Productivity Growth

Growth in productivity has weakened in Austria - and most other industrial countries - over the past decades. In his Policy Brief, Klaus Weyerstrass identifies ways to increase growth in productivity which is necessary to maintain and prosperity.