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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.
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Europe at 60: A German View

In the last sixty years, the institutionalized cooperation between sovereign nation states in Europe has been a major success. Underpinned by a U.S. commitment to the defense of Europe, European integration …

Fixing Trade Rules—Or Fixing Trade Deficits?

In international relations, a distinction is often drawn between the “realist” school that bases decision-making on an objective calculation of national interests, and an “idealist” school that emphasizes principles such …

Integrating Refugees into the Workforce: A Shared Migration Challenge of the United States and Germany

When it comes to migrants and refugees, the policy differences between the U.S. and Germany are vast these days. Trump and Merkel seem polar opposites: One trying to halve refugee …

GE CEO: Germany points the way for a U.S. manufacturing revival

In an April 2 interview with Fareed Zakaria on CNN’s “Global Public Square,” GE CEO Jeff Immelt made the case for looking to Germany for clues to reviving manufacturing in hard-hit …

Looking for Insight into the Future of Transatlantic Economic Ties? Watch What Happens to NAFTA.

2016 was a tumultuous year in the political economy of trade. Populists have been on the march nearly everywhere—slowed, perhaps temporarily, by Dutch elections two weeks ago. At times, the …

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What the United States Can Learn from Germany: Workforce Training and Public Investment

Political tensions between Germany and the U.S. promptly resurfaced not long after the new administration took possession of the White House. Many will argue at length about who is right …

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, …

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 …