This publication, part of AICGS’ 30th anniversary Symposium, focuses on the increasingly public role central banks play in the twenty-first century. It asks important questions, including: Do central banks have a role in spurring growth? How dangerous are the experiments being undertaken by central banks of all major advanced economies? What choices… Read more >
Part of AICGS’ 30th anniversary Symposium, this publication analyzes the transatlantic trade relationship, in particular the prospects for a new Transatlantic Trade and Investment Partnership (TTIP). The authors discuss the chances and challenges facing July’s TTIP negotiations, the obstacles that negotiations could encounter, and technical hurdles facing the transatlantic trade agenda. Download… Read more >
Purely national approaches to cope with major transnational challenges are doomed to fail. The United States and the EU are key players in this context—without the two economic and political heavyweights, systemic risks cannot be handled adequately. Despite the high degree of integration of their economies, sound political relations, and similar vulnerabilities to systemic risks,… Read more >
Energy and climate policy in the U.S. and in Germany seem to be miles apart. In 2011, Germany decided to phase-out nuclear, whereas in early 2012 the U.S. Nuclear Regulatory Commission granted the first license to build and operate an extension of a nuclear power plant for the first time since 1978…. Read more >
The annual meeting of the Transatlantic Economic Council (TEC) in November 2011 presented an opportunity for German and American policymakers to make progress on their efforts at greater trade integration. This Issue Brief gives an overview of the EU and the U.S.’ trade agendas and looks at how greater transatlantic cooperation can… Read more >
Prior to the economic and financial crisis that began in 2008, the fiscal challenges of both
Europe and the U.S. largely were viewed as longer-term issues, associated with gradually
rising public expenditures in the face of aging populations (the main issue for Europe) and
soaring health care costs … As a consequence, the focus on both sides of the Atlantic has shifted toward fiscal consolidation—both in the near term as well as the longer term.
Despite improvements in the American and European financial markets in 2010, the fiscal crisis in Greece and the continually rising U.S. deficit have caused a decline of trust in the capital markets and have overshadowed any growth in the real economy. Overcoming the recession and returning to a sustainable growth pattern, however, is of paramount importance for the wealth and security of all nations, write AICGS Business & Economics Program Director Dr. Tim Stuchtey and S. Chase Gummer. In Issue Brief #39, Stuchtey and Gummer examine existing global economic imbalances and the impact these imbalances have on international security.
Two years after the financial and economic crisis began in the United States and shortly thereafter spread to Europe and Germany, the subsequent economic downturn continues to cause problems around the globe. In Issue Brief 38, “Recovering From an Economic Hangover: Lessons and Prescriptions for Transatlantic Cooperation,” AICGS Research Associate Kirsten Verclas analyzes the impact of the economic crisis on Germany, the EU, and the United States and offers policy recommendations for promoting greater cooperation in the future.
The fight against terrorism has been on the forefront of the U.S. and German agendas and shapes the relationship between both countries. While cooperation has been strong, differences have arisen in several areas. In Issue Brief 35, Edna Dretzka and DAAD/AICGS Fellow Stormy-Annika Mildner examine the disagreement between the U.S. and EU over sharing private financial data in relation to terrorism. The authors look at the legal situation in the United States and the political struggles in the European Union that hamper better cooperation across the Atlantic, and offer ideas on how the two actors can overcome their differences on data-sharing and SWIFT.
The fight against terrorism has been on the forefront of the U.S. and German agendas and shapes the relationship between both countries. While differences in counterterrorism policy exist, the U.S. and Germany have also very successfully cooperated in counterterrorism measures. In Issue Brief 34, Kirsten Verclas, AICGS Research Associate, examines the cultural, economic, and financial aspects of counterterrorism policy in the United States and Germany and how these aspects are combined to shape each country’s overall strategy.