After the Election: Germany Will Continue to Obstruct Global Economic Rebalancing

Dr. Sebastian Dullien, Senior Non-resident Fellow and professor at the Hochschule für Technik und Wirtschaft Berlin, argues that Germany has been one of the main causes for global imbalances and has not been very constructive in global economic cooperation. Dr. Dullien writes that the world should continue to expect this sort of behavior from the world’s third-largest economy, no matter who wins the upcoming election, as the likely coalition possibilities will not change the macroeconomic debates.

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The views expressed are those of the author(s) alone. They do not necessarily reflect the views of the American Institute for Contemporary German Studies.

Sebastian Dullien

HTW Berlin – University of Applied Sciences

Sebastian Dullien is professor for International Economics at HTW Berlin – University of Applied Sciences. His research focuses on European integration, international macroeconomics, and financial market regulation.

He has worked as a consultant and expert for the different political foundations, different sub-organizations of the United Nations, and has testified in front of different committees of the German Bundestag and the European Parliament.

From 2000 to 2007, he has worked as a journalist for Financial Times Deutschland, the German language edition of the FT. He first worked as a leader writer and then moved to the Economics desk. From 2002 to 2007, he has been responsible for the paper’s coverage of the global, European and German business cycle as well as developments in German academic economics.

Today, he writes a monthly column in the German magazine “Capital”, regular contributions to Spiegel Online, and irregular op-eds for a number of other German media.

His book “Decent Capitalism” (joint with Hansjörg Herr and Christian Kellermann), which provides a blueprint for a better regulated are more stable capitalism after the crisis, has been published in 2011 by Pluto Press. An earlier German version (“Der gute Kapitalismus”) has been widely discussed in Germany.