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RGS meets German Council of Economic Experts

08.03.2018

The annual event ’RGS Econ meets SVR German Council of Economic Experts’ took place on 08 March 2018.

Starting with an introduction by the chair of the council and director of the RGS Econ (Prof. Dr. Christoph M. Schmidt), the doctoral students got to know about the objectives, the structure as well as the duties and rights of the council. Furthermore, Prof. Dr. Christoph Schmidt gave insights into this year's annual report. Thereafter, two members of the council joined to present chapters from this year’s annual economic report and discuss these topics with the audience.

Dr. Bodo Aretz presented the chapters on the labor market and digitization. The focus was placed on the demographical challenge resulting from the accelerated decline in the labor force but also opportunities that machines play in the structural change of the labor market. Then, Dr. Wolf Reuter presented the chapters on protectionism and changes in the trade relations between countries. The RGS students engaged in an interesting discussion on the welfare losses resulting from the latest trade tariffs.

The meeting closed with a buffet lunch were the students got the chance to discuss recent topics in economics with the staff members and the chair of the economic council.