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

After Warily Circling, Trump and Angela Merkel Prepare to Meet

In this article in the New York Times, Dr. Jackson Janes weighs in on expectations for Merkel’s March 14 visit with Trump, noting that a number of corporate CEOs will …

Merkel’s Twin Mission with Trump: NATO and Trade

When German Chancellor Angela Merkel has her first face-to-face meeting with President Trump in Washington on March 17,* she will have two key tests. Can she take the sting out of …

A New Narrative for German-American Relations

This essay will be published later this year in Mandarin by the Tongji University Center for German Studies in their “Annual Development Report of Germany 2017.” Download the full article. It is said …

Global Economic Order: A “Made in America” Idea

The idea of “global economic order” may sound far away from the concerns of the average citizen, but it means something both simple and important: that it is better for trade, investment, and other forms of commercial activity to take place according to agreed-upon rules, and that those rules should reflect the principles of the United States, Germany, and other liberal economies in Europe, Latin America, and Asia. “Liberal” in this case signifying not a position on a right-left political spectrum, but rather a set of ideas that encompasses the rule of law, openness to change, and the primacy of the individual vs. state authority.

Globalization: As Bad as Its Reputation?

There are rough times ahead for the ideas of free trade and globalization. U.S. president Donald Trump (who seems to prefer less rather than more economic openness), the Brexit vote, …

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Germany – A Currency Manipulator?

Hardly any economist would have disagreed if Peter Navarro, new chief trade adviser to President Trump, had just restated the standard textbook wisdom: that a common currency cannot fit well …

A Reset with China? Our Anxiety and Germany’s Responsibility

When the news about Donald Trump’s election victory broke, I was in Shanghai for a conference on Sino-German relations. The conference agenda was at once scrapped to make way for …

From the AICGS Bookshelf: Mittelstand ist eine Haltung

There are some words in German that are hard to translate: Gemütlich, fahrvernügnen, or Gesamtkonzept Mittelstand is another example. Technically it means small and middle-sized firms. But that is an elastic …

A New Geoeconomics Focus for 2017:Peter S. Rashish joins AICGS as Senior Fellow and Project Director

As Germany assumes the Presidency of the G20 largest world economies, a new U.S. president takes office, and uncertainties surround the future of the global economic order, the American Institute …

In Trade Policy, the Best Defense Remains a Good Offense

The hometown Washington Redskins may have just missed making it to the playoffs of the National Football League championships this season. But they showed once again how important a strong …

Transatlantic Relations in a Changing World Order: European and U.S. Responses to China’s Rise in Africa

A Changing World Order: China’s Rise in Africa The twenty-first century is characterized by the rise of new global players and changing power relations. In particular, China’s increasing international presence …

A Role for Business in Post-Conflict Societies

Which actors contribute to the stabilization of post-conflict societies—and how—is a question of utmost importance. Scholars and practitioners alike have argued that economic interdependencies and economic well-being is a beneficial …