There are some words in German that are hard to translate: Gemütlich, fahrvernügnen, or Gesamtkonzept Mittelstand is another example. Technically it means small and middle-sized firms. But that is an elastic definition as the actual size can be very small or very large. The vast majority of companies in Germany—and in the U.S. —can be classified …Read More

As Germany assumes the Presidency of the G20 largest world economies, a new U.S. president takes office, and uncertainties surround the future of the global economic order, the American Institute for Contemporary German Studies at Johns Hopkins University is launching a new Geoeconomics Project in 2017. Peter S. Rashish, who counts over 25 years of …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

A Changing World Order: China’s Rise in Africa The twenty-first century is characterized by the rise of new global players and changing power relations. In particular, China’s increasing international presence is transforming the existing world order. The “One Belt One Road” (OBOR)[1] initiative launched by President Xi Jinping in late 2013, as well as the …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

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

The 2016 presidential contest in the United States has been characterized by a particularly heated debate about the role that trade policy should play in promoting US prosperity and national interests. From the start of the campaign with the 1 February Iowa caucuses and the 9 February New Hampshire primary, the impact of past and …Read More

On November 8, 2016, Americans will decide whether Donald Trump or Hillary Clinton will be the president of Europe’s most important trade and investment partner. In 2015, 20 percent of EU exports went to the U.S., while 17 percent of U.S. goods and services were sent to the EU. Together, the U.S. and EU have …Read More

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