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.
Europe is confronted with a new geopolitical landscape, with energy a major nexus. The Russian annexation of Crimea and intervention in eastern Ukraine has shattered assumptions about the postwar and post-Cold War inviolability of national borders as well as much of Germany’s decades-long geo-economic relationship with Russia, called “Ostpolitik.” This policy fostered German business relations …Read More
At the beginning of 2015, as many investors grew increasingly skeptical about the prospects of the euro area’s economy and its central bank’s capacity to fight what appeared to be the beginning of a deflationary spiral of falling prices and weakening economic activity, the European Central Bank (ECB) launched its own version of quantitative easing …Read More
In 2014, Lower Saxony became the last German state to completely waive tuition fees for all students at the undergraduate and graduate levels. This move comes at a time when student debt in the United States has exceeded credit card debt, totaling $1.3 trillion, and as students and their parents shell out thousands of dollars …Read More
Save the Date for the fourth Annual Symposium in New York City! Please join us for our 4th Annual Symposium on “The Next Generation: Remapping the German- American Relationship.” It will feature breakfast, and an opening keynote, and a panel comprised of young people who will discuss international security issues, the Euro crisis, immigration and integration …Read More
This June, the G-7 will meet in an opulent castle near Germany’s highest mountain, the Zugspitze. It was initially built, according to the host’s website, for an “egocentric zealot” who sought to convert Jews to Christianity. Schloss Elmau has since become a spa and cultural center, but the lofty location seems somehow like an appropriate …Read More
The G20 at leaders’ level was created in November 2008, shortly after the collapse of Lehman Brothers, at the height of the global financial crisis. Growth was therefore immediately at the center of the agenda and the success of the group was to a large part measured by progress in this area. The heads of …Read More
AICGS Senior Research Associate Parke Nicholson sits down with Robert Lerman, Institute Fellow at the Urban Institute and professor of economics at American University, to discuss his recent Policy Report for AICGS on the topic of workforce education in the United States and Germany.
High youth unemployment in the United States and Europe is a result not only of sluggish growth, but also a skills mismatch—the new generation of workers lacks the skills that employers need. Economists now predict a looming shortfall of 3 million skilled U.S. workers by 2018. Meanwhile, there are 2 million job vacancies across the …Read More
In 1996, Martha Finnemore noted in National Interests in International Society that no matter how technical international organizations might seem, they “are never neutral forms.” In his new article, Alexander Reisenbichler, former DAAD/AICGS fellow, studies the domestic sources and power dynamics of regulatory networks using the example of the financial stability forum (FSF), a regulatory …Read More
AICGS held its second annual “Transatlantic Dialogue of the States, Cities, and Communities” on Tuesday, June 9, 2015. The conference examined how states and cities address the challenges of the twenty-first century and how they interact and learn from each other. View the Draft Agenda Panel I: How Cities are Responding to the Energy Transformation …Read More