Innovation and Societal Change

The source of our prosperity is economic activity, and economic activity depends on framework conditions such as institutions, regulations, and mechanisms of allocation and distribution. To function well, political criteria apply: effectivity, efficiency, fairness, and sustainability. Research at IHS looks at the relation between economic power and public services as well as the social impact of economic decisions within the following areas: macro-economics and transnational integration; tax and fiscal policy; socio-ecological transformation.