A high-standard, open global economy requires a regular update to its rules and the right division of labor between domestic and international economic policies to remain a driver of prosperity for the United States, Germany, and the European Union. The Geoeconomics Program has three main areas of focus. Trade and Financial Governance examines the trade, financial, and monetary policies that governments can draw upon to create dynamic, sustainable, and inclusive growth, and to promote their global economic interests. 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 from other countries’ experiences that can be applied to the United States to boost employment and economic growth. The focus of Energy and Climate Policy is to examine European energy security, and the economic impact of energy and environmental policies.

The hometown Washington Redskins may have just missed making it to the playoffs of the National Football League championships this season. But they showed once again how important a strong offense is to success, especially when the team’s defense is not performing at a world-class level. What is true for professional sports also holds for …Read More

Of the U.S.’ trade policy and trade relationships over the past twenty-five years, Robert Zoellick, former World Bank president, U.S. Trade Representative, deputy Secretary of State, and AICGS Trustee, writes in the New York Times that “Today’s new conventional wisdom is that trade is bad politics. But the fall of the Soviet Union showed that …Read More

2016 has seen significant upheaval and sets the stage for an even bumpier 2017. Leading up to national elections in several major European economies—Germany, France, the Netherlands, and potentially Italy—voters and politicians alike are watching closely to see how Britain’s economy fares as Brexit plays out. The average individual has personally felt few effects of …Read More

Which actors contribute to the stabilization of post-conflict societies—and how—is a question of utmost importance. Scholars and practitioners alike have argued that economic interdependencies and economic well-being is a beneficial factor in stabilizing a post-violent region, and in aiding a process of reconciliation.[1] After all, if people experience that peace is worthwhile, conflict seems less …Read More

2016 As a Special Year for the UK and the U.S. The UK experienced a rather surprising victory by the supporters of Brexit—i.e., those in favor of the UK leaving the European Union. The British referendum result of a majority in favor of Brexit was indeed a surprise to most observers, however, not really to …Read More

In the current climate of rising populism—or what Mark Blyth calls “global Trumpism”—the United States and Germany remain key engines of the global economy. While Germany has long been admired for its export-led model, the United States is a powerhouse of household consumption. But both economies are vulnerable to problems endemic to their growth models. …Read More

The Global Financial Crisis of 2007-09 ended a two-decade period of steady economic growth and stable inflation in the world’s advanced markets, the so-called “Great Moderation.”[1] Since the mid-1980s, this long-term stabilization in macroeconomic indicators had provided the grounds for continuous cross-border integration across financial markets, trade relations, and societies, giving way to an unprecedented …Read More

I feel lucky that my career has taken place during a dynamic period in the relationship between the U.S. and Europe.  I started college as the Reagan presidency was ending, not long after the Evil Empire speech, and graduated soon after the fall of the Berlin Wall.  I was studying in Europe during the autumn …Read More

Uncertainty Prevails Ten days after Donald Trump was elected president, the impact on the global and the European economy is still hard to predict. What prevails is uncertainty about Trump’s economic agenda once he enters the White House. What will “America First” mean in practice? To what degree will he be a protectionist, and will …Read More

China in Germany and Europe On October 24, German economics minister Sigmar Gabriel blocked the bid of the Chinese company Fujian Grand Chip to purchase the German silicon chipmaker Aixtron.  He did so on the basis of information provided by the United States that certain products of this company could have military applications for China.[1]  …Read More

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