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.

The German elections are just over two weeks away on September 24.  Chancellor Angela Merkel is nearly certain to be reelected to a fourth term, so the main unknown surrounds her choice of coalition partner(s). Will it be another grand coalition with the left-of-center Social Democrats (the SPD may wish some time in opposition), two-party …Read More

A Collection from This Week’s News on Important Issues for German-American Relations Geoeconomics Air Berlin files for insolvency but flights continue (BBC News) ECB Leery of Ending Stimulus, Worried It Will Buoy Euro (The Wall Street Journal) Can Trump succeed in curbing China’s intellectual property ‘theft’? (Deutsche Welle) Foreign and Domestic Policy In German Election …Read More

A Collection from This Week’s News on Important Issues for German-American Relations  Geoeconomics German carmakers face new scandal over antitrust issues (New York Times) German unemployment edges up in summer job market lull (Deutsche Welle) Lufthansa macht Rekordgewinn (Spiegel Online) Bitcoin divides to rule (The Economist) Foreign & Domestic Policy Russia’s military drills near NATO …Read More

The most important contribution the new German Federal Government can make is to support and reform the global economic order that has been responsible for 70 years of peace and prosperity. Whether it is through institutions like the World Trade Organization and the European Union, countless bilateral trade agreements, or the informal norms and principles …Read More

A Collection from This Week’s News on Important Issues for German-American Relations Geoeconomics Das geheime Kartell der deutschen Autobauer (Spiegel) So wichtig sind VW, BMW und Daimler für Deutschland (SDZ) German media groups to form data alliance (DW) Japan spending uptick ends 16-month lull (DW) Foreign and Domestic Policy US Sanctions Expert: European concerns are …Read More

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

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