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.

Speaking at today’s Langhammer Series event, member of the Executive Board of the Bundesbank Dr. Andreas Dombret summarized the state of the euro area and focused on the role of the Single Supervisory Mechanism (SSM). Dr. Andreas Dombret has been at the center of global and transatlantic financial regulatory discussions, as well as the Bundesbank’s …Read More

Growth in Europe is still fragile. The euro area exited from recession in spring 2013, following six quarters of declining GDP, but stagnated just one year later. Weak private sector balance sheets, credit constraints, and high unemployment are still undercutting demand while high margins of economic slack together with steeply falling energy prices have pushed …Read More

Now that the latest installment of the Greek drama is over, it is useful to draw some lessons from the experience. It has become clear that the tail risk of a Grexit is still not banned, despite the various assurances over the past few years that Greece, albeit too slowly, is on track to heal …Read More

German chancellor Angela Merkel is nothing if not the embodiment of pragmatism. It is time that she demonstrates that trait with regard to Greece. In 2009, the chancellor did a pivot on the matter of economic stimulus. More recently, she changed course on her policy on the minimum wage as well as her position on …Read More

AICGS follows the federal agency status, and if the status on March 5 is “Closed” then the event will be automatically moved to Friday, March 6. All registered attendees will receive notice as soon as possible. Otherwise, the event will take place on Thursday, March 5. Present-day work-based skill formation in both Germany and the …Read More

AICGS is pleased to host a private breakfast discussion with our special guest, Dr. Andreas Dombret, member of the Executive Board of the Bundesbank. With Dr. Dombret, we will talk about the current situation in the euro area. More specifically, he will address the ongoing efforts to overhaul the banking sector in the monetary union and …Read More

Please join us on Thursday, February 19, for a workshop where we will focus on the strength and vulnerabilities of the German economy in the European context and on the potential impact of the European Central Bank’s expanded program of asset purchases on lending and growth in the euro area. The first presentation will explore …Read More

Recent developments in Europe have caused a rush of adrenaline to political leaders’ heads across the continent. The dramatic expansion of the European Central Bank’s (ECB) program of asset purchases, coupled with the landslide victory of Syriza, the anti-bailout and anti-austerity party, in the Greek elections, have once again called into question Europe’s crisis management …Read More

What are elements of a successful apprenticeship system? To what degree should businesses be engaged in educating their workforce, and what other actors should participate in decision-making and evaluation? This conference on Friday, March 13, brings in a diverse group of experts from Germany, France, and the United Kingdom to discuss with American experts about …Read More

Lukas Graf

Dr. Lukas Graf is a 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 …Read More

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