Halle Institute for Economic Research

The Halle Institute for Economic Research, known as IWH, is a nonprofit organization and one of the leading economic research institutes in Germany, founded on January 1, 1992 as a member of the Leibniz Association and funded equally by the federal government and the German states. It was created to study economic transition in East Germany and Central and Eastern Europe, and its focus has broadened since to processes of economic convergence and the role of the financial system in allocating production factors and supporting productivity and innovation. Based in Halle an der Saale, Saxony-Anhalt, it employs 106 staff on a budget of 11.85 million euros as of 2025 and is led by president Reint E. Gropp. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/