Friendshoring: Democracy or Diversity?
In an April 2, 1917 speech before Congress arguing for U.S. entry into World War I, President Woodrow Wilson famously declared that “the world must be made safe for democracy.” …
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 …
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 …
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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 …
