Despite improvements in the American and European financial markets in 2010, the fiscal crisis in Greece and the continually rising U.S. deficit have caused a decline of trust in the capital markets and have overshadowed any growth in the real economy. Overcoming the recession and returning to a sustainable growth pattern, however, is of paramount importance for the wealth and security of all nations, write AICGS Business & Economics Program Director Dr. Tim Stuchtey and S. Chase Gummer. In Issue Brief #39, Stuchtey and Gummer examine existing global economic imbalances and the impact these imbalances have on international security.

Two years after the financial and economic crisis began in the United States and shortly thereafter spread to Europe and Germany, the subsequent economic downturn continues to cause problems around the globe. In Issue Brief 38, “Recovering From an Economic Hangover: Lessons and Prescriptions for Transatlantic Cooperation,” AICGS Research Associate Kirsten Verclas analyzes the impact of the economic crisis on Germany, the EU, and the United States and offers policy recommendations for promoting greater cooperation in the future.

The fight against terrorism has been on the forefront of the U.S. and German agendas and shapes the relationship between both countries. While cooperation has been strong, differences have arisen in several areas. In Issue Brief 35, Edna Dretzka and DAAD/AICGS Fellow Stormy-Annika Mildner examine the disagreement between the U.S. and EU over sharing private financial data in relation to terrorism. The authors look at the legal situation in the United States and the political struggles in the European Union that hamper better cooperation across the Atlantic, and offer ideas on how the two actors can overcome their differences on data-sharing and SWIFT.

The fight against terrorism has been on the forefront of the U.S. and German agendas and shapes the relationship between both countries. While differences in counterterrorism policy exist, the U.S. and Germany have also very successfully cooperated in counterterrorism measures. In Issue Brief 34, Kirsten Verclas, AICGS Research Associate, examines the cultural, economic, and financial aspects of counterterrorism policy in the United States and Germany and how these aspects are combined to shape each country’s overall strategy.

In Issue Brief 33, “Similarities in Difference: The Challenge of Muslim Integration in Germany and the United States,” Mounir Azzaoui examines the status of Muslim integration in both countries and concludes that even though the challenges each nation faces are somewhat different, a dialogue about the experiences of Muslim integration could be made fruitful for all of the challenges ahead. This Issue Brief is part of AICGS’ project on the “Integration of Muslim Immigrants in Germany and the United States,” which works to deepen the German-American understanding of immigration and integration of Muslims.

In Issue Brief 32, “A Change in Government But No Change in Policy? Implications of the 2009 German Election,” AICGS Research Associate Kirsten Verclas takes an in-depth look at the results of the 2009 German Bundestag election and their implications for the future of Germany’s party and electoral system. Additionally, the Issue Brief further analyzes the current stance of the new governing coalition on key foreign policy, economic, and domestic issues and the impact this may have on the German-American partnership and U.S. foreign policy interests.

In Issue Brief 31, “‘They Can and Must Increase’: An Analysis of U.S.-Russian Economic Relations in International Comparison,” Deutsche Bank/AICGS Fellow Dr. Thorsten Nestmann analyzes the low level of bilateral economic exchange between Russia and the U.S. and provides some ideas on how to enhance U.S.-Russian economic relations to the benefit of both countries.

As Germany approaches its September federal election, how will this election shape German-American relations in the coming months? In Issue Brief 30, Jessica Riester, Research Program/ Publications Coordinator at AICGS, examines the policy challenges facing the two countries and the expectations each country has for the other before and after the election, arguing that the German-American relationship can flourish in 2009 and beyond.

AICGS recently completed a project to address the climate and energy challenges with the generous support of the Daimler-Fonds im Stifterverband für die Deutsche Wissenschaft, resulting in this Issue Brief and the following three Policy Reports which focus on some of the many aspects of the climate and energy puzzle.
In AICGS Issue Brief 29, Tim Stuchtey and Kirsten Verclas analyze the policy recommendations that come from the three Policy Reports and look at the political implications of these recommendations, focusing on emission trading, biofuels, and current climate-friendly technologies.

German-American relations reached a historic low point during the years of the second Bush administration. Many argued that this was mainly due to widespread disagreements and a deep personal animosity between President George W. Bush and Chancellor Gerhard Schröder, who left office in late 2005…

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