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.

“The very notion of a grand scheme of things is a nightmarish obscenity.” – Thomas Ligotti, author of Songs of a Dead Dreamer In the years since the Great Recession began, political elites in Germany have pondered a critical question: how can Germany retain its economic growth in a world of increasing industrial competition and …Read More

AICGS will hold its third annual Transatlantic Dialogue of the States, Cities, and Communities on May 20, 2016 in cooperation with the Urban Institute in Washington, DC. While German-American relations focus mainly on the connections between Berlin and Washington, this dialogue will bring together civic leaders from throughout Germany and the United States to discuss …Read More

This Issue Brief is the result of a conference co-hosted by AICGS, the Center for International Security and Governance (CISG), and the Bonner Akademie für Forschung und Lehre Praktischer Politik (BAPP) in Bonn in November 2015, entitled “The Transatlantic Trade and Investment Partnership: European and American Perspectives.” The possibility of a transatlantic trade agreement has …Read More

Immediately after the IMF/World Bank Spring Meetings, AICGS Non-resident Senior Fellow Peter Rashish dials in from across the Atlantic for a discussion with AICGS Senior Fellow Alexander Privitera on the questions and concerns that emerged from the gathering in Washington. Amid a dimmed growth outlook for the global economy, there are multiple challenges ahead for …Read More

March 13 saw strong voter support in three German state elections for the anti-immigration Alternative for Germany (AfD) Party. Fueled by continuing waves of incoming refugees, anxiety is building in a country that just a decade ago started to see immigration as an opportunity. Together with its European neighbors, Germany is now facing tremendous pressure …Read More

Trudeaumania 2.0—the sense of hope and optimism once again coming from a young, liberal prime minister north of the border—has so far found greatest resonance in concrete steps like an openness to refugees, a gender-balanced cabinet, and climate change activism. The new Canadian government’s decision to increase government spending by nearly $100 billion over six …Read More

German finance minister Wolfgang Schäuble was forced by Jens Weidmann,  president of the powerful Bundesbank, to publicly state that he fully respects the independence of the European Central Bank (ECB) and its decisions, thus ending a week of controversy about the unconventional monetary policies of the ECB. Schäuble had previously stepped up his criticism of …Read More

For most Germans, renting their homes is nothing unusual. The country has developed an affordable, well-functioning rental market and a longstanding reputation as a nation of renters, as the rate of homeownership has remained stubbornly low (43 percent in 2013) when compared with the U.S. (65 percent in 2013).[1] The story often told is that …Read More

When the hundreds of government officials and international organization leaders make their way to Washington for the Spring Meetings of the IMF and the World Bank Group, an explosion of traffic jams around the city follows. But there is another traffic jam emerging among the network of institutions, and their leaders seem to be having …Read More

Germany is in the midst of a heated discussion: Are refugees a burden or a blessing for the German labor market? Supporters of the “blessing” camp argue the country’s aging society is in urgent need of young workers to make up for millions of retiring Germans. Around one third of the 1 million migrants and …Read More

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