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 approaches to international macroeconomic policymaking in the face of the crisis, and analyzes transatlantic trade and growth. In the area of Corporate Regulations it examines corporate governance and the mechanisms of regulations.

On Wednesday, October 1, from 9:00 – 10:00am, you are invited to join “Learn & Earn: A Young Leaders’ Group for the Development of the U.S. Workforce” for a visit to the Representative of German Industry + Trade (RGIT). This is our first “field trip,” to look at the role of institutions in apprenticeship systems. In every comprehensive training …Read More

About a year ago, markets were experiencing serious taper tantrums. At the time, ECB President Mario Draghi proudly defended the fact that unwinding outright asset purchases, and therefore reducing its huge balance sheet, was only a challenge for the U.S. Federal Reserve (Fed), and not for the euro zone. Indeed, at the time, European banks …Read More

Now set to directly purchase asset-backed-securities, ECB President Mario Draghi is leading the Euro Zone in the opposite path of the U.S. Federal Reserve. AICGS Business & Economics Program Director Alexander Privitera analyzes the impact of the announcement for the Euro Zone.

The Robert Bosch Foundation and Cultural Vistas invite US professionals to apply for the 2015-2016 Robert Bosch Foundation Fellowship Program. Bosch Fellows work as consultants in their field of expertise at leading public or private institutions in Germany. In addition, Bosch Fellows participate in professional seminars, where they travel to meet and exchange ideas with …Read More

Oath of the Horatii

Mario Draghi, the president of the European Central Bank, knows a thing or two about the importance of timing. As markets anxiously wait for new clues from the central banker about the possibility of the launch of a full blown, European version of QE, it is important to put a few things into perspective. The …Read More

As economic growth in Germany falls short and French prospects begin looking up, now is the time for a new Grand Bargain over debt and reform in the Euro Zone. AICGS Non-Resident Fellow Peter Rashish details the impact of French President Francois Hollande’s recent successes in economic reform, including removing left-wing cabinet members from office.

Writing a book about one’s own boss is a difficult task under any circumstance. The exercise is particularly tricky if the person in question is a highly controversial banker; if his name is Josef Ackermann, the former CEO of Deutsche Bank; and finally, if the author is trying to convince the skeptical German readership that …Read More

The recent financial crisis has demonstrated that housing is a key element of the U.S. economy, with the potential to destabilize the entire global economy. Yet U.S. housing finance policies differ significantly from those of other countries. The seminar analyzes some puzzling differences between the U.S. and Germany in their mix of these policies, including …Read More

 Introduction On 11 July 2014 the Bundesrat (the upper house of the German parliament) passed a reform of Germany’s renewable energy law. The reform subsequently went into effect on 1 August 2014.[1] The original law, the Erneuerbare-Energien-Gesetz (Renewable Energy Act or EEG), was first adopted in 2000. Coupled with Germany’s decision in 2011 to phase out nuclear energy,[2] the …Read More

Since U.S. President Barack Obama’s decision to bomb Sunni extremists in Iraq, German public opinion has debated whether to get involved and if so, why. In its initial reaction to the crisis, the German government, sensing that its citizens would prefer to stay out of any new international entanglement, tried to suggest to its international …Read More