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.

It is peak tourist season in China for European leaders. Shortly after the first bailout package to Greece in 2010, German Chancellor Angela Merkel celebrated her 56th birthday with Xi’an’s famous terra cotta warriors. She was accompanied by the usual coterie of German industry leaders who inked contracts in the tens of billions and has …Read More

Greece and its international creditors moved closer to securing a third bailout on Tuesday, paving the way for national parliaments to vote on the agreement before a crucial repayment to the European Central Bank (ECB) is due on August 20. The prospect of a deal is once again spurring an emotional debate among German politicians …Read More

Days after the announcement of the historic nuclear deal with Iran, German Vice Chancellor and Minister of Economic Affairs and Energy Sigmar Gabriel found himself in Tehran, with a delegation of German business leaders. Like many other European countries, Germany sees tremendous growth potential in Iran in the post-sanction era. That means more business for …Read More

Educating the future workforce is an ongoing challenge for the United States and Europe. Skills required by high-growth jobs are not necessarily being taught in traditional career paths, and there is a skills mismatch that leads to a growing shortfall of eligible workers. Germany’s apprenticeship system has successfully lowered youth unemployment and the U.S. administration …Read More

On July 9, AICGS hosted a roundtable discussion on the Transatlantic Trade and Investment Partnership (TTIP) with a delegation from the German Bundestag as well as representatives of the AFL-CIO and the German trade union IG Metall. The discussion revolved around the question as to whether TTIP would represent a race to the bottom or …Read More

The tough negotiations that led to a deal to negotiate another deal between Greece and its creditors can certainly not be described as the finest hour in the history of the European Union. The result of a long weekend of exhausting talks is merely a chance to put things back on track, for Greece as …Read More

The past few days have certainly been rich with dramatic twists and turns in the Greek drama. Nobody knows with certainty how the story will end—not the Greek politicians, the German creditors, or least of all me. However, given the amount of noise and sometimes childish excitement on all sides, it is worth the effort …Read More

The events in Greece have taken us on an emotional roller coaster in the past week. After missing a payment to the IMF on Tuesday, Greeks voted on Sunday to reject a fiscal proposal by the country’s creditors. Across the Atlantic, all eyes are fixed on the small European nation with a population roughly the …Read More

Over 200 Billion Euros have been handed to Greece. Additional rescue funds will probably follow. Except: The government operates in a nepotistic way and the money doesn’t go to the Greek people. Once again an endgame is imminent. Once again a state bankruptcy of Greece is impending. And once again all parties involved in the …Read More

These days, creating jobs and boosting growth are the top priorities of European policymakers. In order to do so, policymakers are focused on measures that widen firms’ funding opportunities, which have so far been largely limited to bank lending. In November 2014, the European Commission (EC) introduced a major project to create a deeper and …Read More

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