Commentaries
The Official German Commitment to Fighting Anti-Semitism
Budapest On May 6, 2013, in a major speech to the World Jewish Congress in Budapest, German foreign minister Guido Westerwelle continued an official German tradition. Like German foreign ministers and chancellors before him, he enunciated the five golden rules of Germany’s postwar commitment to Jews: acknowledgement of the breadth and depth… Read more >
Schaeuble’s Interim Banking Union
In a recent article for the Financial Times, Germany’s Finance Minister Wolfgang Schaeuble finally explained to an international audience why he thinks treaty changes are necessary in order to provide “a safe legal base for a European resolution authority,” arguably the most controversial part of the banking union that euro area countries… Read more >
Selling the German Model
In my recent piece from the Financial Times (paid content), I argue that the German economic model being sold so aggressively throughout the euro zone may not be the most effective policy for Europe’s lagging economies. The mere fact that some Germans still debate its benefits should raise a red flag for those… Read more >
Abenomics
‘Abenomics’ has taken Europe by storm. Don’t get me wrong, policymakers on the old continent expected the new Bank of Japan’s governor Haruhiko Kuroda to act, but they certainly did not think he would unleash a tsunami on financial markets. As we have argued here last week, the new unprecedented bond-buying program… Read more >
Lessons from Cyprus for the ECB
Days after agreeing to a punitive bailout, the citizens of Cyprus are getting ready to witness the end of a flawed business model. Successfully preventing a sovereign default and euro exit was just phase one of the controversial rescue operation. Cyprus is now bracing itself for phase two: reinventing its economy. It… Read more >
Growth in a Time of Austerity: Looking beyond Germany at the Nordic model
Adrian Wooldridge is the Management Editor and ‘Schumpeter’ Columnist for The Economist. He recently published a detailed Special Report on the Nordic Model for The Economist entitled “Northern Lights.” He wrote the following essay based on the remarks he made at AICGS’ recent roundtable on “Growth in Times of Austerity: Looking beyond… Read more >
Croatia on the Verge of Joining the European Union: Outlook after the release of the latest EU monitoring report
On March 26th, the European Commission released its last monitoring report on Croatia, which concludes that the country is ready to join the EU in July 2013. This will, in all likelihood, convince the remaining EU member states to ratify Croatia’s EU accession treaty. What are the outstanding issues in Croatia’s EU… Read more >
After the Bank of Japan’s Move
Global central banks were back in the spotlight on Thursday, as the Bank of Japan (BOJ) finally decided to emulate the U.S. approach to the economic crisis. By engaging in unprecedented aggressive monetary easing, Tokyo is throwing the kitchen sink at deflation. This time, neither the Federal Reserve (FED) nor the European… Read more >
Napolitano’s Plan
At age 87, the President of Italy, Giorgio Napolitano, is getting ready to guide Italian politics out of the deep hole it has sunk into. He will need to gather all his strength in order to succeed. His main task in the coming weeks is to convince the leader of the Partito… Read more >
Political Strategies for a Globalized World
This in-depth case study from Andreas Seeringer, Former AICGS Fellow and current Consultant at TDAlliance, examines the strategies undertaken by multinational enterprises in an increasingly globalized world. These organizations must take into account the differing environments and domestic structures of foreign countries when attempting to expand their reach into new areas. The… Read more >
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