The shock of Britain’s vote to leave the European Union has German carmakers scrambling. Not only is Britain their number one export market, last year, British buyers spent €22 billion on over 800,000 BMWs, Mercedes, Volkswagens and other German cars. What’s more, Britain is also deeply embedded in the German automakers’ complex supply chains. The …Read More

Amid continuing uncertainties after the UK’s decision to leave the EU, AICGS President Jackson Janes sits down with Dr. Werner Hoyer, President and Chairman of the Board of Directors of the European Investment Bank, to discuss the path forward for the European project. Although the departure of the UK is a tremendous loss for the …Read More

In a recent speech delivered at the World Affairs Council and American Council on Germany in San Francisco, Dr. Andreas Dombret, Member of the Executive Board of the Deutsche Bundesbank, assessed the current market environment after Brexit, noting that while financial markets are not in panic, investments are looking for guidance in a period of …Read More

The year 2016 has been characterized by growing uncertainty about the strength of the global economy: uncertainty about the ability of emerging markets—and especially China—to successfully address cyclical and structural weaknesses in their economies; uncertainty about the impact of the slowdown on advanced economies, namely the United States and Europe; and uncertainty about the impact …Read More

Immediately after the IMF/World Bank Spring Meetings, AICGS Non-resident Senior Fellow Peter Rashish dials in from across the Atlantic for a discussion with AICGS Senior Fellow Alexander Privitera on the questions and concerns that emerged from the gathering in Washington. Amid a dimmed growth outlook for the global economy, there are multiple challenges ahead for …Read More

Trudeaumania 2.0—the sense of hope and optimism once again coming from a young, liberal prime minister north of the border—has so far found greatest resonance in concrete steps like an openness to refugees, a gender-balanced cabinet, and climate change activism. The new Canadian government’s decision to increase government spending by nearly $100 billion over six …Read More

German finance minister Wolfgang Schäuble was forced by Jens Weidmann,  president of the powerful Bundesbank, to publicly state that he fully respects the independence of the European Central Bank (ECB) and its decisions, thus ending a week of controversy about the unconventional monetary policies of the ECB. Schäuble had previously stepped up his criticism of …Read More

On 23 June 2016, should a majority of British voters decide to leave the EU—nearly forty-five years after joining the Community—the EU would lose 17 percent of its GDP and 12 percent of its population. This referendum result would reveal Prime Minister David Cameron’s poor political calculations and he would now find that his pro-EU …Read More

The subtitle of this book, written by a former Research Fellow at AICGS, is “Berlin’s Quest for a More Perfect Monetary Union.” The author has reviewed Germany’s efforts to find solutions to the challenges that have plagued the euro zone over the past several years. He essentially concludes that Berlin has to make some hard …Read More

In an article in the International Business Times, AICGS President Dr. Jack Janes weighs in on Germany’s role in and outlook toward global economic growth in advance of the G-20 Summit in China.  “Schäuble ‘is not talking about fiscal stimulus in Germany these days,’ Janes said. ‘But given all the unpredictable elsewhere in Europe, there …Read More

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