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.
It was 80 years ago this year that DC Comics first published Superman, and with this comic book series launched a franchise of superheroes that shows no sign of losing its hold on the imagination of adults and children alike. Much as politicians, no strangers to self-confidence, sometimes like to think of themselves in heroic …Read More
I spent four weeks from late August to late September 2017 in the American-German Situation Room (AGSR), working to find out what direction the Trump administration’s trade policies would take and how they would affect the transatlantic relationship. There is no better vantage point to do this than from AGSR. You are immediately in the …Read More
Over the last decade, the state of the Eurozone has become a serious concern in the transatlantic relationship. At the outset of the European sovereign debt crisis, the United States was more than willing to help the European Union in overcoming the state-debt crisis. President Obama made the case for financial assistance and the involvement …Read More
Philipp Liesenhoff is an AICGS/GMF Fellow with the American-German Situation Room in Washington, DC, until June 2018. In Germany, Philipp Liesenhoff works at the German Council on Foreign Relations (DGAP) in Berlin. An economist by training, he worked as a research assistant at the German Marshall Fund between 2014 and 2017 and has previous work …Read More
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, …Read More
On December 5, 2017, the European institutions—Commission, Council, and Parliament—reached political agreement on reforming the EU’s trade defense instruments. This “modernization” of anti-dumping legislation is, in fact, an attempt to provide the EU with stronger tools to tackle the allegedly “unfair” practices of its trade partners. On its website, the Commission advertises that the deal …Read More
A Collection from This Week’s News on Important Issues for German-American Relations Geoeconomics Tax rivalry: For Europe, more pros than cons from Trump’s bill (Handelsblatt) Europe’s banks are stronger than they were, but not strong enough (The Economist) Cryptocurrencies: Wall Street banks push back on launch of bitcoin futures (Financial Times) Japan and EU reach …Read More
In recent years, there have been rising political and public concerns about foreign investment in industrialized countries around the world, questioning whether their respective existing screening mechanisms are sufficient. In the United States, a debate is taking place on the question of whether its investment screening mechanism should be updated; in May 2017, Japan already …Read More
Germany – Argentina – Japan: Not a list of three regional soccer powerhouses, but rather the troika of past, current, and future presidency countries of the G20. On December 1, Berlin handed the baton to Buenos Aires, and for the next year the government of Argentine president Mauricio Macri will be in charge of organizing …Read More
From an economic standpoint, the most important thing that was at stake in the September 24 German elections was how strongly the new governing coalition that emerged from the vote would commit to shock-proofing the euro.