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Economic Research 
in Germany

German Economic Research ­Institutes

© picture-alliance/dpa

The Deutsches Institut für Wirtschaftsforschung (DIW) in Berlin is Germany’s largest institute of economic research. A member of the Leibniz Association, it is largely financed by public funds. The DIW focuses on practice-oriented basic research, consultancy and the provision of a research infrastructure.

The Institut für Weltwirtschaft (IFW) at Kiel University 
focuses its research work on innovative approaches to solving global economic issues. Directed by Professor Dennis J. Snower, the IFW is well networked internationally and advises mainly decision-makers.

The ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München e.V. is regarded as an econ­omic think-tank and publishes the monthly ifo business climate index, a business barometer. Ifo head Professor Hans-Werner Sinn is one of the best known German economists.

The RWI – Leibniz-Institut für Wirtschaftsforschung in Essen studies all conceivable levels, from the individual to the global economy.

The Institut der deutschen Wirtschaft (IW) in Cologne is supported by associations and companies in the corporate sector and focuses mainly on issues associated with competitiveness and the market economy.

The Hamburgisches WeltWirtschaftsinstitut (HWWI) is directed by Professor Thomas Straubhaar and sees itself 
as an independent consultancy and research institution concerned with analyzing important economic and socio-economic trends.