AGI

Paul J.J. Welfens

European Institute for International Economic Relations

Prof. Dr. Paul J.J. Welfens was a Geoeconomics Non-Resident Senior Fellow at AGI. He was Jean Monnet Professor for European Economic Integration; chair for Macroeconomics; president of the European Institute for International Economic Relations (EIIW) at the University of Wuppertal; Alfred Grosser Professorship 2007/08, Sciences Po, Paris; and Research Fellow, IZA, Bonn.

Recent Content

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Macroeconomic and Health Care Aspects of the Coronavirus Epidemic: EU, US and Global Perspectives

The novel coronavirus (COVID-19) epidemic represents a major challenge for the world economy. While a detailed longer-term diffusion path of the new virus cannot be anticipated for individual countries, one …

The Economics of AfD Expansion

With the right-wing populist Alternative for Germany (AfD) achieving almost 25 percent in the elections in the two east German states of Brandenburg and Saxony in September 2019, and both …

An Accidental Brexit – Key Insights Beyond the Snap Election

 The British EU-referendum of 2016 resulted in a 51.9 percent majority in favor of Brexit. There are, however, serious doubts about whether this referendum was an orderly one. One can …

Populist Political Wave in the UK and in the U.S.: On Brexit and Trump’s Economic Policy

2016 As a Special Year for the UK and the U.S. The UK experienced a rather surprising victory by the supporters of Brexit—i.e., those in favor of the UK leaving …

British Referendum Pains and the EU Implications of BREXIT

On 23 June 2016, should a majority of British voters decide to leave the EU—nearly forty-five years after joining the Community—the EU would lose 17 percent of its GDP and …

International Spillover of EU Disintegration

The Western European message of the 1960s, 1970s, 1980s, and 1990s was fairly clear: More regional economic integration and the building of joint institutions is good for the European Union …

Helmut Schmidt

At 96 years of age, Helmut Schmidt, former Chancellor of Germany and respected elder statesman, passed away on 10 November 2015, in Hamburg. He had been active in the German …

Monitoring the Negotiations on the Transatlantic Trade and Investment Partnership Agreement

Issues and Key Perspectives at the Start of the Negotiations On July 8, 2013, the negotiations on the Transatlantic Trade and Investment Partnership (TTIP) began in Washington, DC. This marks …

Overcoming the Euro Crisis

The euro crisis has come to a preliminary halt following the two massive liquidity injections by the European Central Bank (ECB) in December 2011 and February 2012. However, these ECB …

Euro Stabilization: problems, eurobonds, political union perspectives

The EU Summit of 21 July 2011 has brought considerable adjustment impulses for the stabilization of the euro-zone. At first sight, the main problem is sovereign debt financing of Greece, Ireland, and Portugal—the three countries that benefit from euro-zone rescue packages—but, in fact, the bigger issue is a series of broader challenges for EU integration and institutional reforms in the euro-area.