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 Trade and Financial Governance, which looks at macroeconomic discrepancies, studies the responses of central banks and fiscal authorities to current challenges, and analyzes transatlantic trade and growth. Educating the Future Workforce assesses ongoing workforce development and labor market challenges for the United States and Europe. It seeks lessons on work-based learning systems and their role in boosting employment and economic growth from other countries’ experiences in an effort to apply them to the United States. Under the topic Energy and Climate Policy, it examines European energy security and the economic impact of energy and environmental policy.

As reported, the National Telecommunications & Information Administration (NTIA) launched its self-certification system of the Privacy Shield (PS) on 1 August. The NTIA’s website provides a host of information for U.S. and European businesses. Participating organizations are deemed to provide “adequate” privacy protection, a requirement for the transfer of personal data outside of the European …Read More

The shock of Britain’s vote to leave the European Union has German carmakers scrambling. Not only is Britain their number one export market, last year, British buyers spent €22 billion on over 800,000 BMWs, Mercedes, Volkswagens and other German cars. What’s more, Britain is also deeply embedded in the German automakers’ complex supply chains. The …Read More

A weekly round-up of news and happenings in German-American relations. Business and Economics The German state profited from incurring more debt in the first half of this year, a newspaper report showed on Monday. (DW) Why voters don’t buy it when economists say global trade is good (NYT) German Chancellor Angela Merkel says TTIP, a …Read More

A weekly round-up of news and happenings in German-American relations. Business and Economics Volkswagen gets initial approval of $14.7 billion settlement with U.S. drivers. The auto maker plans to hire 250 to 300 people to work exclusively on the process. (WSJ) Registration for the new EU-U.S. data transfer agreement begins next month and companies need …Read More

The EU-U.S. Privacy Shield—the successor to the invalidated Safe Harbor program for transatlantic transfers of EU personal data—was finally approved on July 12, 2016. U.S. organizations will be able to certify compliance with the Privacy Shield principles starting on August 1, 2016, and then be able to receive personal data from EU or EEA-based organizations …Read More

In a recent speech delivered at the World Affairs Council and American Council on Germany in San Francisco, Dr. Andreas Dombret, Member of the Executive Board of the Deutsche Bundesbank, assessed the current market environment after Brexit, noting that while financial markets are not in panic, investments are looking for guidance in a period of …Read More

With Britain’s decision to leave the EU, the clouds of uncertainty hanging over the proposed US-EU free trade deal (known as the Transatlantic Trade and Investment Partnership or TTIP) have become darker. The negotiations were formally launched three years ago and have stalled because of transatlantic differences (for instance over issues of investor protections and …Read More

A weekly round-up of news and happenings in German-American relations. Business and Economics The effects of Brexit notwithstanding, European companies have suffered an alarming decline in standing over the last decade compared to their American and Asian competitors. What happened? (Economist) Germany to hike minimum wage: Just one year old, the minimum wage in Germany …Read More

A weekly round-up of news and happenings in German-American relations. Business and Economics Moelis & Co. names Bank of America’s Stefan Mueller to head investment banking in Germany. (Bloomberg) After Brexit, the Dax recovery rally continues. (FAZ) The International Monetary Fund on Wednesday said that Britain’s pending exit from the European Union is posing “a …Read More

How do the political struggles on intellectual property rights play out at the international level? Conventional wisdom holds that business interests in the European Union and the United States dominate global economic governance. Indeed, historically, rights holders have been the driving force behind international intellectual property regulation.[1] However, more recently, materially weaker actors with diffuse …Read More

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