
Germany’s Growth Model under Attack?
On his last visit to Berlin in the beginning of May, French president Emmanuel Macron said that “the German growth model has perhaps run its course.” He argued that the …

Why Germany and the U.S. Should Embark on a Large-Scale Investment Program Now
In recent years, fiscal policy in Germany and the U.S. has diverged. In response to the financial crisis both countries implemented large stimulus programs, but over time the policy priorities …