Global Shift in Power – Selected results from the study
How is German Industry Faring in the Globalised World? A study conducted by IW Consult on behalf of the Federation of German Industries.
In autumn 2013, the Federation of German Industries (Bundesverband der deutschen Industrie e.V. (BDI)) commissioned IW Consult (IW Köln Consult GmbH) to conduct the study "Globale Kräfteverschiebung – Wo steht die deutsche Industrie in der Globalisierung?" (Global Shift in Power – How is German Industry Faring in the Globalised World?).
In the study, global economic changes were illustrated in detail at both the macro-economic and the company level. To this end, researchers drew on indicators including share in global GDP, in world trade, and in industrial production as well as a variety of other key figures. In the study, Germany was not only compared to its main competitors. The authors of the study also analysed whether increasing foreign production of German companies strengthened or undermined Germany as a business location. To answer this question, the study looks beyond the traditional concept of gross trade flows taking into consideration value added, i.e. the proportions of imports in exports.