While the global economy has overcome many of the effects of the financial crisis, slow growth, job losses in traditional sectors, and increasing inequality are testing the ability of governments in advanced economies like the United States and Germany to provide broad-based prosperity. A high-standard, rules-based international trading system and well-regulated financial markets will continue to be important drivers of economic growth and a focus of attention for governments and business alike.

During Richard Nixon’s historic 1972 visit to China, the U.S. president reportedly asked Premier Zhou Enlai what he thought about the impact of the French Revolution on history, to which the Chinese leader responded “It’s too soon to tell.” Something similar holds for the trade policy conclusions of the July 7-8 G20 summit in Hamburg. …Read More

A Collection from This Week’s News on Important Issues for German-American Relations Geoeconomics The E.U.-Japan Trade Deal: What’s in It and Why It Matters (New York Times) Why Germany’s current-account surplus is bad for the world economy (The Economist) Erste Festnahme im Dieselskandal (Der Spiegel) Domestic and Foreign Policy Merkel calls for greater investment in …Read More

During the world’s first phase of globalization before World War I, I had a great-grandfather who was a cigarette manufacturer in Czarist Russia. He traveled regularly to Turkey to purchase tobacco leaf, eventually moved with his family to London, spent a year in Bern, Switzerland, for both health and business reasons, and finally lived for …Read More

A Collection from This Week’s News on Important Issues for German-American Relations Geoeconomics How Chinese overcapacity hits American workers (The Economist) Campaigning for a ‘Strong and Stable’ German Economy (The Wall Street Journal) What the German economic model can teach Emmanuel Macron (The Economist) Germany threatens retaliation if U.S. sanctions harm its firms (Reuters) Foreign …Read More

This paper is about the controversy swirling around foreign direct investment rules generally, and recent U.S. and European experiences in helping reshape their design. When this research project was proposed in mid-2016, its purpose was to look ahead at how investment protection rules had evolved on both sides of the Atlantic as a window into …Read More

The German-American relationship has gone from Bush 41’s call for a Partnership in Leadership to Trump’s view of Germany as one of America’s adversaries.  His National Security Advisor and top economic advisor recently explained the Trump administration’s view of foreign policy: as one in which, “[T]he world is not a ‘global community’ but an arena …Read More

A Collection from This Week’s News on Important Issues for German-American Relations Geoeconomics Bavaria to Trump: Tariffs on cars will hurt US as much as Germany (Politico) German grocer Lidl enters US market (Deutsche Welle) A new paper rekindles a tiresome debate on immigration and wages (The Economist)  Central bank raises rates, plans to shrink …Read More

Prof. Dr. Andreas Falke is a Visiting Fellow at AICGS in June 2017.  He is the Chair for International Studies in the School of Business and Economics at the Friedrich-Alexander University Erlangen-Nuremberg, where he specializes in trade policy, transatlantic economic relations, the domestic base of American foreign and economic policies, interaction between foreign policy and …Read More

A Collection from This Week’s News on Important Issues for German-American Relations Business and Economics Trump’s right about Germany (Politico) Angela Merkel should seize this change to remake Europe (The Economist) What Really Happened at VW (The Economist) Foreign and Domestic Policy As Trump Steps Back, Jerry Brown Talks Climate Change in China (New York …Read More

While recently in Brussels, Donald Trump renewed his invectives against Germany’s trade surplus. This fits into an already quite familiar pattern: An unfriendly reception by demonstrators in Europe, major problems at home in Washington, bad press, and conflicts among his advisors lead to aggressive statements in talks with NATO and the EU leadership. Resetting trade …Read More

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