Has Germany Been Successful Running a High-Wage Manufacturing Sector?
Throughout Germany’s handling of the euro zone crisis, much has been made of its strong economy – particularly in the manufacturing sector – as an example for the less economically stable countries to follow. However, as Dr. Stephen Silvia points out, Germany’s success in high-wage manufacturing jobs may not be all it is cracked up to be.
National ID: Fear Meets Fairness
In a somewhat overlooked decision of the Supreme Court, the key provision of Arizona state’s immigration law is ruled constitutional. Giving rise to calls for and against this “your papers, …
Europe’s Unclear Horizons
Geithner’s visit to the German island of Sylt this week to discuss plans for navigating the euro crisis clearly signals Washington’s growing discomfort with Europe’s economic situation. As AICGS President Jack Janes points out, leaders on both sides of the Atlantic are feeling the pressure to find clearer horizons amidst the turbulent economic forces battering their economies.
Draghi’s Master Plan
The President of the European Central Bank Mario Draghi disappointed financial markets on Thursday when he announced that the ECB will wait to restart its bond buying program. However, a closer look at what Draghi said during his press conference should encourage both investors anxious for quick action and skeptics in Germany alike. Draghi has a plan, but he is still resisting the temptation to let politicians off the hook.
Constitutional Review and the German Bailout Controversy
The United States Supreme Court and Germany’s Federal Constitutional Court have recently become the focal point over a series of hotly debated political issues in their respective countries. As they decide on issues that could have far reaching political consequences, Donald Kommers examines the frameworks under which both courts operate.
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Support Our Work“Who’s Picking Up This Bill?”
The struggle over sharing the burden of a weak economy in Europe has generated tension not only between countries, but also within them. Germany is no exception – the national debate about subsidies for the Länder is reflective of the larger European debate about fiscal reform.
High Drama in the High Court? ESM and Fiscal Compact in Legal Limbo
For months, policymakers and public alike could only wait with bated breath for the U.S. Supreme Court’s decision on President Obama’s health care reform law. As they pondered and deliberated …
Die Betreuungsgeld-Debatte: Implications for Integration
On June 6, 2012, Chancellor Angela Merkel’s cabinet approved a proposal that would issue financial support (a so-called Betreuungsgeld, or child care subsidy) to families who care for their toddlers …
Supervising Sovereignty: Germany’s Constitutional Court at Work
However long it takes for the Federal Constitutional Court to rule on the legality of the European Stability Mechanism (ESM), the end result will be another chapter in the interpretation …
Historical Dimensions of the Euro Crisis
Jonathan Zatlin, winner of last year’s DAAD Prize for Distinguished Scholarship in German Studies in the field of Economics at AGI’s annual Global Leadership Award Dinner, recently co-wrote an article …
Austerity – The Key to Europe’s Prosperity or the Nail in Its Coffin?
Angela Merkel, the German chancellor, is under fire. Hardly anyone likes the “German Way” of dealing with the euro crisis. But unless manna falls from heaven for Germans or we …
