AICGS Geoeconomics Project for 2017

About the Project

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.

Why geoeconomics and why now? The United States and Germany have long drawn on economic tools to advance their broader national interests. The two countries have a strong record of cooperation in this sphere in recent years, having worked together with other states on the sanctions employed to reach a solution to Iran’s nuclear ambitions, and on the current restrictions placed on Russia following its occupation of Crimea.

But geoeconomics is not only about hard security policy. The Transatlantic Trade and Investment Partnership (TTIP) launched by the U.S. and the European Union in 2013 is a notable example of like-minded economic powers leveraging trade policy to update the international economic system so that it continues to reflect and strengthen their joint interests and principles.

While the prosperity and security of the United States, Germany, and the European Union depend upon the effective functioning of high-standard global economic rules, this fact is not well understood by publics on either side of the Atlantic. The popular opposition from both the right and the left to TTIP, the Trans-Pacific Partnership, and the Comprehensive Economic and Trade Agreement between the EU and Canada—all intended to strengthen these rules—is evidence of the political communication challenges that confront a geoeconomic strategy.

With a view to the July 7-8 G20 Summit in Hamburg, the new Geoeconomics Project at AICGS will inform debate in governments, the media, the private sector, the policy community, and NGOs through original ideas and content that highlight what is at stake for the United States and Germany in their future international economic engagement.

Support for this project is provided by the Steven Muller New Initiatives Fund.

About the Director

Jack Janes

Peter S. Rashish, who counts over 25 years of experience counseling corporations, think tanks, foundations, and international organizations on transatlantic trade and economic strategy, is a Senior Fellow and Director of the Geoeconomics Project at AICGS.

Mr. Rashish serves as a Senior Advisor for Trade and Transatlantic Relations at Transnational Strategy Group LLC, a Washington-based international business and government affairs consultancy. Before joining TSG, he served as Vice President for Europe and Eurasia at the U.S. Chamber of Commerce, where he spearheaded the Chamber’s advocacy for an ambitious and comprehensive trade agreement between the United States and the European Union, which was launched as the Transatlantic Trade and Investment Partnership, and developed new engagements in the continent’s emerging markets.

Previously, Mr. Rashish served as Senior Advisor for Europe at McLarty Associates, as Executive Vice President of the European Institute, on the Paris-based staff of the International Energy Agency, and as a consultant to the World Bank, the German Marshall Fund of the United States, the Atlantic Council, the Bertelsmann Foundation, and the United Nations Conference on Trade and Development. Mr. Rashish has testified on the euro zone and U.S.-European economic relations before the House Financial Services Subcommittee on International Monetary Policy and Trade and the House Foreign Affairs Subcommittee on Europe and Eurasia and has advised two U.S. presidential campaigns.

He earned his B.A. from Harvard College and an M.Phil. in international relations from Oxford University. He speaks French, German, Italian, and Spanish.

Events

The next G20 summit will take place in Hamburg on July 7-8, 2017. As part of the G20’s outreach process, the B20 is the official business dialogue of the G20, representing the entire G20 business community. Together, the leading German business associations BDI (Federation of German Industries), DIHK (Association of German Chambers of Industry and …Read More

The second meeting of the AICGS Geoeconomics Strategy Group focused on “Trade Policy: Is the Best Defense Still a Good Offense?” The new U.S. administration’s emphasis on trade defense—stepping up enforcement mechanisms to ensure that countries or companies that violate trade laws are held accountable for their actions—is an important feature of international economic engagement. …Read More

The Strategy Group is part of the larger Geoeconomics Project that AICGS has launched this month in order to help shape transatlantic policy development on the role of international economic engagement as a new U.S. President takes office and Germany exercises the Presidency of the G20. You can find more information about the project here. …Read More

Geoeconomics Insights

…not the time for national solo-runs. This is a time for international cooperation and for a strong G20.   Stormy–Annika Mildner is Sherpa of the Business 20 (B20), the official…

…supports our hope that the EU will overcome its own populist challenges over time.   Holger Schmieding is Chief Economist at Berenberg Bank. The views expressed are those of the…

…to simply be patient. “The Donald” is his own worst enemy.   Jacob Kirkegaard is a Senior Fellow at the Peterson Institute for International Economics. The views expressed are those…

…discerned. The U.S. has its third largest trade deficit with Germany. This emphasis on ensuring specific results—reducing the trade deficit—rather than on creating a level playing field through new rules,…

…In an April 2 interview with Fareed Zakaria on CNN’s “Global Public Square,” GE CEO Jeff Immelt made the case for looking to Germany for clues to reviving manufacturing…

…be the first real test bed for Trump’s economic policy. Atlanticists ought to pay attention to how it all unfolds.   Dr. Greg Anderson is a DAAD/AICGS Research Fellow in…

…in the public interest. The U.S. federal and state governments should study these policies and learn from their successful implementation. Kris Bledowski is Council Director and Senior Economist…

…has done what citizens should reasonably expect from it—no more, and no less.   Peter S. Rashish is a Senior Fellow and Director of the Geoeconomics Project at AICGS….

…shared sovereignty will be the answer, and sometimes preserving local or national approaches will be important. Slow but steady wins the race.   Dr. Jörn Quitzau is a Senior Economist…

…strong offense is to success, especially when the team’s defense is not performing at a world-class level. What is true for professional sports also holds for governments. Although less glory-filled,…

…In this podcast, Peter Rashish, Senior Advisor for Trade and Transatlantic Relations at Transnational Strategy Group LLC, talks about geoeconomics and the importance of rules within international trade. Within…

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