One in five German households with children lives below the at-risk-of-poverty threshold. Germany’s current coalition agreement aims to strengthen families and lift children out of poverty. Against this background, the basic child allowance is currently under discussion. In the public debate, however, the long-term societal costs of child poverty are hardly ever compared with the costs of measures against child poverty. Yet, the costs are significant and occur in the areas such as health, education and social participation. Scenario analyses confirm that policy measures can be effective in reducing child poverty. Investing in children can therefore lead to substantial fiscal savings in the long run.
The vending industry is currently facing a variety of challenges. Rising operating costs, the decline in floor space in the hospitality industry, growing energy costs and inflation, the COVID-19 pandemic as well as increasing digital competition are putting providers of slot machines under increasing pressure. At the same time, there is only limited legal room for manoeuvre for the vending machine industry to counteract the changed economic conditions by adjusting prices, the quantity offered and via changes to product characteristics.
The vending industry is currently facing a variety of challenges. Rising operating costs, the decline in floor space in the hospitality industry, the COVID-19 pandemic, and increasing digital competition are putting providers of slot machines under increasing pressure. At the same time, there is only limited legal room for manoeuvre for the vending machine industry to counteract the changed economic conditions by adjusting prices, the quantity offered and via changes to product characteristics.
On behalf of the Verband der Deutschen Automatenindustrie e.V. (Association of the German Amusement Machine Industry), DIW Econ examines the key economic figures of the amusement machine industry against the background of the applicable regulations and the development of economic trends over the past 30 years.
DIW Econ Economic Bulletin, No. 1/2022:
The pension system in Germany is based on the so-called three-pillar model, consisting of the statutory pension, work-based provision and private provision.
While the statutory pension is under intense pressure from demographic change, with the baby boomer generation reaching retirement age in the mid-2020s, only around 54% of employees subject to compulsory insurance in Germany benefit from the employment-based old-age provision. The private provision in the form of Riester contracts has also been taken out by only around a quarter of the working population.
Recently, more and more people have been using neobrokers to invest in the capital market. On behalf of Trade Republic, DIW Econ investigated the socio-economic background, motivation and investment behaviour of this new generation of investors. The study is based on a survey of 216,000 Trade Republic users and is thus the largest survey-based study of private investors worldwide.