Generates insights into the institutional, political, cultural, and historical factors that shape our responses to deepening economic integration and the challenges of globalization. Current issues in the Business & Economics Program include the Debt Crisis, responding to the end of the years of plenty by comparing German and American responses to the crisis. It looks at macroeconomic discrepancies and their potential threat to national security, studies the responses of central banks and fiscal authorities to current challenges, and analyzes transatlantic trade and growth. In the area of Financial Regulation it examines the potential impact on credit intermediation and growth. Educating the Future Workforce is an ongoing challenge for the United States and Europe. Lessons on work-based learning systems and their role in boosting employment and economic growth can be learned from other countries’ experience in developing multiple career pathways for their citizens.

Lukas Graf

Dr. Lukas Graf is DAAD/AICGS Research Fellow from January to Mid-March 2015 and a postdoctoral researcher at the Institute of Education and Society at the University of Luxembourg. His research combines comparative and historical institutional analysis as well as the sociology of education and political economy of skills. His book, The Hybridization of Vocational Training …Read More

Many Europe observers already seem to have written off yet another year. To be sure, headlines have not been kind to the old continent, and in particular the euro zone, but mainly this is because of two events: First, the monetary union fell into deflation for the first time since 2009, with consumer prices falling …Read More

The newest book by Olaf Gersemann, Business editor of Die Welt and Welt am Sonntag, is bound to both offend and encourage. In assessing the strengths and weaknesses of Germany’s economy, he challenges the political and corporate leadership to come to grips with major threats ahead for Germany at a time when most Germans believe …Read More

You are invited to the February Learn & Earn Working Group on Wednesday, February 4 from 9-10am. We will be joined by Jamell Thrower, Program Manager at the DC Department of Employment Services’ Office of Apprenticeship Information & Training and a current apprentice in his program who is working as a “step-up” apprentice (unique to this …Read More

Reforming the EU is hardly possible without coalitions of “builders” – member states willing and able to engage in sustainable coalition building at the EU level. Since 2008, the EU and its members have found themselves in the middle of yet another formative phase. Will member states eventually succeed in shaping a Union able to …Read More

Is the Euro Crisis really over? Or is the danger of a prolonged economic stagnation undermining the political support for the monetary union, what was once supposed to be the crowing jewel of the European project of shared sovereignty? Carlo Bastasin, a Senior Fellow at the LUISS School of European Political Economy and a Brookings …Read More

The start of the Single Supervisory Mechanism (SSM) in the euro zone adds an important element to the euro’s financial ecosystem. It should help to restore trust in the system and, by reducing frictions in the monetary transmission mechanism, may also contribute to growth. Recent additions to the monetary framework of the euro zone have …Read More

This year’s AICGS Annual Symposium is framed around the idea of “A World in Flux”: the relative decline of the West’s economic power; the  need to  adapt our work forces to be successful in a new era; and changing geopolitics as a result of ongoing tensions in eastern Europe, the  Middle East, and Asia. Containing …Read More

If the U.S. aims to learn from the Swiss experience, it should seek ways to improve the reputation of work-based training programs through better linking the vocational and academic worlds of learning.

The European Central Bank (ECB) is getting much closer to what many analysts believe is the inevitable launch of a much broader-based program of asset purchases, also involving sovereign bonds. While it is true that the ECB remains a much more politically sensitive central bank than some of its main counterparts and what big stakeholders, …Read More

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