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Mechanical engineering in the age of globalisation and the new economy

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  • Hans-Günther Vieweg

Abstract

In the recent past the question of the future performance of the German economy in general and the so-called "old economy" in particular have been discussed in connection with the phenomena of globalisation and the new economy. The Ifo Institute along with the Fraunhofer Institute for Systems Engineering and Innovation Research (ISI) was commissioned by the Federal Ministry for Economics and Technology to analyse the features of the two phenomena and to identify their importance for the "old industry" of mechanical engineering and to project future trends. The results will contribute to improving the prospects of this industry which due its high international competitiveness is so important for the German economy.

Suggested Citation

  • Hans-Günther Vieweg, 2002. "Mechanical engineering in the age of globalisation and the new economy," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 55(21), pages 18-27, November.
    • Handle: RePEc:ces:ifosdt:v:55:y:2002:i:21:p:18-27
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    Cited by:

    1. Hans-Günther Vieweg & Thomas Fuchs & Reinhard Hild & Andreas Kuhlmann & Stefan Lachenmaier & Michael Reinhard & Uwe Christian Täger & Sebastian de Ramon & Jan-Egbert Sturm, 2005. "Status and outlook of the “New Economy” in selected EU member states from a German Viewpoint," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 19.

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    More about this item

    JEL classification:

    • D41 - Microeconomics - - Market Structure, Pricing, and Design - - - Perfect Competition
    • L64 - Industrial Organization - - Industry Studies: Manufacturing - - - Other Machinery; Business Equipment; Armaments

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