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

The Rise of China: Implications for the Transatlantic Relationship

China’s Importance for the Transatlantic Relationship How does the rise of China affect the transatlantic relationship? The United States and European Union are increasingly shifting their attention toward China as …

The Growth Compact

The President of the European Central Bank (ECB) was in heavily fortified Barcelona, Spain today. I believe it is the first time in the history of the ECB that it …

Nuclear Energy in the U.S. and Germany: Weighing the Risks

Issue Brief 42 Energy and climate policy in the U.S. and in Germany seem to be miles apart. In 2011, Germany decided to phase-out nuclear, whereas in early 2012 the …

The Decentralization of the Electricity Grid – Mitigating Risk in the Energy Sector

Introduction Natural disasters like Hurricane Katrina in the U.S. in 2005 and the earthquake off the coast of Japan in 2011 (which resulted in a devastating tsunami and the nuclear …

Energy Security Risk Assessment: A Transatlantic Comparison

The U.S. and West Germany once shared similar energy profiles and similar global energy challenges. Through the 1960s and in the beginning of the 1970s, with largely comparable energy mixes, …

Climate 2.0 – Can Geoengineering Make the World a Safer Place?

Wizardry to some, anathema to others, geoengineering—or climate engineering—is slowly encroaching on the territory of traditional climate policy. The Intergovernmental Panel on Climate Change’s (IPCC) next Assessment Report, due in …

White, Grey, and Black (Euro) Swans: Dealing with Transatlantic Financial Risk in 2012

The idea that the euro crisis is over is hopeful at best, naïve at worst. It is far from over. We are actually at the beginning of a dangerous new …

Invisible Redistribution to Weaker Economies? The Case for EU Automatic Stabilizers

The Greek financial crisis seems finally to have been overcome, thanks to emergency European Union (EU) and International Monetary Fund (IMF) lending to the Greek government.  Bondholders will have been …

European Energy Security: A New Pattern of External Stability and Internal Risks

Introduction The fundamental dilemma of energy policy is its irreconcilable aims. Energy should be cheap, secure, and clean. While it is comparatively easy to achieve two of these objectives, it …

Same Economic Nightmares, Different Solutions: Transatlantic Approaches to International Macroeconomic Policymaking in the Face of the Crisis

Policy Report 48 Policy Report 48 argues that, in a climate of economic crisis and distress, transatlantic cooperation is still essential and must be expanded, despite current differences in policy. …