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 recent spat between the U.S. administration and the British government over the UK’s decision to join the Chinese-led Asian Infrastructure Investment Bank (AIIB)–despite U.S. opposition–has triggered much public noise. Initial reactions on the U.S. side went from surprise to outrage, with Washington accusing British cousins of jeopardizing the global order and the “special relationship” in …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? How can apprenticeship fit within the existing education system? The AICGS project “Employment, Education, and Training: Apprenticeship Models in Europe and the United States” looks to …Read More

On March 11, 2015, AICGS hosted a small luncheon with Member of the German Bundestag Alexander Radwan. Mr. Radwan is a member of the Christian Social Union, the Bavarian sister party of Chancellor Angela Merkel’s CDU, and is on the Bundestag’s Finance Committee. The luncheon discussion focused on the ongoing efforts to address the Greek challenges …Read More

You are invited to the April Learn & Earn Working Group on Thursday, April 2, from 9-10am. We will be joined by Xinge Wang, Deputy Director at the Transportation Learning Center, along with her colleague Jack Clark, the Executive Director. Last month we discussed with Jamell Thrower of the DC Office of Apprenticeships what the next upcoming …Read More

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

As apprenticeship training in Germany is expanding away from the traditional upper-secondary level and moving toward the post-secondary level, where its core location is in the U.S., it can be argued that the American and German systems are becoming more similar while retaining distinct comparative advantages. During the seminar “New Pathways for Advanced Work-Based Education,” …Read More

AICGS was pleased to host a private breakfast discussion with a special guest, Dr. Andreas Dombret, member of the Executive Board of the Bundesbank. The discussion focused on the current situation in the euro area. More specifically, he addressed the ongoing efforts to overhaul the banking sector in the monetary union and highlight how the new Single Supervisory Mechanism …Read More

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