AGI

Geoeconomics

The AGI Geoeconomics Program promotes original thinking and debate on U.S., German, and EU global economic strategy with a focus on ways that trade, climate, financial, and technology policies can advance their shared interests, prosperity, and values.
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Government is the Problem…in Germany

Anyone remember Jim Rockford’s answering machine? And those funny messages it played at the beginning of each episode? I definitely do, and, in my case, the machine spoke German. That’s because I …

Germany Faces a Challenging Demographic Situation

The German economy is weakening. This year, the gross domestic product (GDP) is expected to shrink by 0.5 percent. This puts Germany at the bottom of international growth rankings. By comparison, …

The SOTEU and Transatlantic Economic Relations

European Commission President Ursula von der Leyen gave her annual State of the European Union speech this week in Strasbourg, the official seat of the European Parliament. With the title …

The German Puzzle

What is wrong with Germany? The erstwhile powerhouse of Europe has turned into the only major economy that looks set to contract in 2023. The export machine is stumbling, residential …

Industrial Policy: The New défi américain

The Biden Administration’s unapologetic embrace of a nationalistic industrial policy a year ago with the passage of the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Inflation Reduction Acts (IRA) …

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A Limping Coalition of the Willing

Why is Transatlantic Cooperation on Clean Steel Lagging Behind? The 2020s have arrived as a decade of multiple crises. Beyond their devastating impact, however, these crises have also changed our …

The Return of German Pessimism

The End of Modell Deutschland Germans have been notoriously pessimistic throughout their history. Walter Laquer, a long-time analyst of Europe, once laid the origins of this pessimism to the Thirty …

Translating Politics into Technocracy in the European Banking Union

The failures of two Belgian-based banks, Fortis and Dexia, have cast a long shadow over European financial regulation. Once viewed as a model of regulatory cooperation, the Fortis collapse in …

Episode 88: The Geoeconomic Evolution of Germany and AGI

On this episode of the Zeitgeist, guest host Dr. Eric Langenbacher, Senior Fellow and Director of the Society, Culture & Politics Program, continues our AGI at Forty podcast series with …

One Year of the IRA

Assessing the Impact on Europe’s Clean Energy Industry A U.S. Climate Action Milestone The Inflation Reduction Act (IRA) has been hailed by many as the most “important climate action in …

The Illusion of Effortless Prosperity

This article originally appeared in German in Die WELT. Germany is in decline. Not just since the COVID-19 pandemic and the Ukraine war—the relevant performance indicators have been trending negative …

Episode 86: Transatlantic Alignment in the International Economic Order

In its economic policies, the Biden administration has focused on domestic investment, close collaboration with like-minded democracies, and addressing geopolitical challenges. The EU is proposing an economic security strategy; the …