
Budget Cuts in Germany: Experienced and Expected Changes in Academic Institutions
Last year, we conducted a global survey of nearly 800 academics, asking questions about budget cuts at their respective institutions for fiscal year 2013, and their expectations for 2014. We wanted to get a sense of the climate around the world in terms of who is still being affected by the economic downturn, and to what extent, in order to better grasp the daily reality for both employers and job seekers.
In this post we’re focusing on the responses of researchers and others working in Germany. Of those who took part in our survey in Germany, 55% said they work in a university, 16% in a think tank, 10% in the government, 10% in a private company or consultancy, 4% in an international or aid organization, 2% in a bank and the remaining 2% in an NGO. This group of responses was the most diverse of any country in Europe, thereby offering interesting insight into researchers and other workers from various sectors.
Interestingly, while the percentage of people reporting budget cuts in 2013 was significantly lower than in other European countries, such as Spain, Italy, France or the UK, the reported data show little anticipated change for 2014. In fact, more people anticipated cuts to their general budgets for 2014 than 2013. These numbers indicate that although the German economy may not have been as hard hit as those in other countries, the recovery is still slow.
Following the trend of other European countries, however, reported cuts to marketing budgets were low, remaining at 13% for both 2013 and 2014. These numbers offer a positive outlook for marketing departments in academia and elsewhere across Germany.
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- Career Advice
Jobs for Economists in the Government: The Right Career to Consider?
When discussing jobs in the government, the type of work that comes to mind is most likely influenced by your particular background. In countries in which large segments of the economy are nationalized, it’s possible to become a civil servant in nearly any field. In other places, your options might be more limited. Regardless of where you’re from, or where you’d like to work, however, every government employs economists, and it’s easy to argue that they’re needed now more than ever - though in the weird times of the pandemic, finding a government job may be more complicated.
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- Home Office and Uncertainty
COVID-19: The Economists' Experience
That the world of work has radically changed we know, we see it before our eyes: kitchens have replaced offices; pyjamas, suits; and housemates often now fill the space previously occupied by colleagues. But how have these changes - and others - been felt by economists around the world? Through a textual analysis undertaken in the INOMICS Salary Survey, we answer that question and, in doing so, paint an anecdotal picture of economists’ COVID experience.
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- Study in Europe
Top Master's and PhD Programs in Economics 2021/2022
Check out our selection below: University of Luxembourg, Kirchberg, Luxembourg Programs available: