AICGS

Economics

Today, Germany stands at the center of Europe and is the most influential member of the European Union. Germany is a key partner of the U.S. in its most important international trade and economic relationships. As two of the world’s leading trading nations, the United States and Germany share a deep and abiding interest in the health of the world economy. There is no other country with which the U.S. shares a stronger mix of interests and values.
Reset

Misperceptions and Distortions

How China, Germany, the EU, and the United States View Each Other in Times of War and Turmoil Dealing with a dynamic and increasingly assertive China is one of the …

Episode 64: Economic Power amid Geopolitical Competition—A Conversation with Barry Eichengreen

In a stark display of their economic power following Russia’s invasion of Ukraine, the United States and its allies deployed an array of sanctions aimed at curtailing Russia’s access to …

Germany and the EU Artificial Intelligence Act

The impact of the Artificial Intelligence Act (AIA) proposed by the European Commission, and currently debated at the European Parliament (EP), has been underestimated in the United States. With approximately …

Buffalo: The Past, Present, & Future

Shifting Divisions & Reasons to Billieve* In June of 2022, a group of German and American participants from AICGS’s Social Divisions and Questions of Identity in Germany and the United …

Episode 60: Economic Headwinds—U.S. and German Responses to Russia’s War in Ukraine, Energy Transition, and Inflation

While the U.S. and German governments successfully adopted expansionary fiscal policies to deal with massive economic disruptions brought about by the COVID 19 pandemic, they are now faced with new …

A G7 Climate Club to Booster Transatlantic Relations?

Since January, Germany has held the presidency of the Group of 7 (G7). In line with its own national priorities, the German government announced ambitious climate policy goals for its …

The European Central Bank’s Inflation Dilemma

Major central banks have finally accepted that inflationary pressures are here to stay. Both the Federal Reserve and the European Central Bank now admit that price increases are not a …

Reading Between the Lines of U.S. China Policy

U.S. Secretary of State Antony Blinken gave a speech to George Washington University on May 26 with the admirably straightforward title of “The Administration’s Approach to the People’s Republic of …

A New Fiscal Policy Regime? Germany’s Fiscal Policy in the Wake of the Pandemic

Many observers were surprised by Germany’s fiscal policy response to the Covid-19 pandemic. Not only did the parliament temporarily suspend the constitutional debt brake (Schuldenbremse), but also the government orchestrated …

The EU’s Old School Approach to Russian Oil

Over the last two years, the European Union has innovated in a remarkable fashion to strengthen both its internal and external roles as an economic actor. As the EU struggles …

Recovering More Than Profits

According to the usual statistics, the United States is leading the pack out of the pandemic. Already by the end of 2021, GDP was 5 percent higher than at the …

The Potential Role of the U.S.-EU Trade and Technology Council in a Rapidly Changing Global Economic Order

In an important speech on April 13, U.S. Treasury Secretary Janet Yellen stated that “…the war between Russia and Ukraine has redrawn the contours of the world economic outlook.” Amid …