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.
Eight months after the Berlin Wall came down, Deutsche Bank returned to Eastern Germany. Our bank was founded in Berlin in 1870, but Soviet forces had closed all our branches in their zone of occupation following World War II.
In this study, Jörg Bibow, Professor of Economics at Skidmore College, assesses the ECB’s crisis management performance and potential for crisis resolution. Part of AICGS’ focus on analysis of the euro crisis, the study investigates the institutional and functional constraints that delineate the ECB’s scope for policy action under crisis conditions and how the ECB has actually used …Read More
In an era that has relegated television, and television news for that matter, to playing defense, it is refreshing for a recovering journalist such as myself to see that international TV outlets are still betting that they will continue to play a central role in how news is gathered, filtered, and ultimately used by the …Read More
Following the recent and ongoing turmoil in financial markets, largely triggered by the growing uncertainty about the health of the Chinese economy, financial investors have started to expect and demand more actions from the European Central Bank (ECB). In a research note, the British bank Barclays went as far as predicting “more easing before year-end.” …Read More
It is peak tourist season in China for European leaders. Shortly after the first bailout package to Greece in 2010, German Chancellor Angela Merkel celebrated her 56th birthday with Xi’an’s famous terra cotta warriors. She was accompanied by the usual coterie of German industry leaders who inked contracts in the tens of billions and has …Read More
Greece and its international creditors moved closer to securing a third bailout on Tuesday, paving the way for national parliaments to vote on the agreement before a crucial repayment to the European Central Bank (ECB) is due on August 20. The prospect of a deal is once again spurring an emotional debate among German politicians …Read More
Days after the announcement of the historic nuclear deal with Iran, German Vice Chancellor and Minister of Economic Affairs and Energy Sigmar Gabriel found himself in Tehran, with a delegation of German business leaders. Like many other European countries, Germany sees tremendous growth potential in Iran in the post-sanction era. That means more business for …Read More
Educating the future workforce is an ongoing challenge for the United States and Europe. Skills required by high-growth jobs are not necessarily being taught in traditional career paths, and there is a skills mismatch that leads to a growing shortfall of eligible workers. Germany’s apprenticeship system has successfully lowered youth unemployment and the U.S. administration …Read More
On July 9, AICGS hosted a roundtable discussion on the Transatlantic Trade and Investment Partnership (TTIP) with a delegation from the German Bundestag as well as representatives of the AFL-CIO and the German trade union IG Metall. The discussion revolved around the question as to whether TTIP would represent a race to the bottom or …Read More
The tough negotiations that led to a deal to negotiate another deal between Greece and its creditors can certainly not be described as the finest hour in the history of the European Union. The result of a long weekend of exhausting talks is merely a chance to put things back on track, for Greece as …Read More