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The Policy Trap: Is the Euro Crisis Back?

Now in the second half of 2014, the European economy has hit a rough patch, triggering renewed anxiety among policymakers on both sides of the Atlantic. Economists and politicians are …

Regional Institution-Building in Asia: Are There Any Lessons from Europe?

For many in the international media and among casual observers of Asia, regional institution-building may appear a mundane subject. Strengthening existing regional institutions, or establishing a more substantive one, is …

Can Germany Reconcile the Western Balkans?

In April 2013, Serbia and Kosovo signed an agreement that enabled a rapprochement between the two sides, including an understanding that they will not block each other’s bid for European …

Toward Historical Reconciliation in East Asia: Emergence and Expansion of Transnational Networks

Pragmatic Necessity to Grapple with History Problems East Asian countries are now facing a situation often called the “Asian paradox,” in which deepening economic interdependence coexists with historical and territorial …

Mars vs. Mercury: Germany, America, and the Global Order

Germany and America: Two Reluctant Pivotal Powers Germany and the United States rank as the two most influential and powerful Western liberal nations in a world challenged by the rise …

Safe as Houses: Comparing Housing Finance Policies in the U.S. and Germany

The recent financial crisis demonstrated that housing is a key sector of the U.S. economy, with the potential to bring down the entire global economy. The crisis also recast the …

Setting the Stage for a U.S.-German Partnership Befitting the Twenty-First Century

Chancellor Angela Merkel and President Barack Obama were right to pull the plug on the emotional debate over intelligence gathering and task their chiefs of staff, Peter Altmaier and Denis …

Muslims in Germany: A Post-Crisis Update

The rise of anti-immigrant sentiment in Europe has been one the most of worrying trends in the wake of the euro crisis. Surprising gains by far-right and far-left parties in …

The Opening Shots in a German Security Debate?

The signs of new strategic thinking on the German international role have emerged over the past year, particularly with the new Grand Coalition.  A more visible role in security policy …

Europe: Is There a Light at the End of the Tunnel?

Thanks to the actions taken by the European Central Bank (ECB) in 2012, the euro crisis is over. But the damage inflicted to the real economy will take years to …

A Farewell to Balance: How Journalism Shapes the Public Debate on Climate Change in the U.S.

If you have a basic understanding of the science and politics related to climate change, do not read the following paragraph—most of it will sound self-evident! Yet, given the way …

Merkel’s Leadership in the Ukraine Crisis

Willy-nilly, the Ukraine crisis turned German Chancellor Angela Merkel into the geopolitical as well as financial leader of Europe. President Joachim Gauck, in the company of Foreign Minister Frank-Walter Steinmeier …