The Biden Administration Internationalizes its Trade Policy
In the last month, both at home and abroad, the Biden administration has stepped up its engagement on the potentially game-changing yet currently languishing role of trade policy in advancing …
AGI Profiles: Dr. Wolf Heinrich Reuter
State Secretary at the Ministry of Finance Dr. Wolf Heinrich Reuter has served as the State Secretary at the Minister of Finance (Staatssekretär im Bundesministerium der Finanzen) since January 1, …
Small Carrots, Hypothetical Sticks, and Phantom Hopes
Scholz’s Visit to China Showcases Parallel Practice to Germany’s China Strategy Nine months after the release of Germany’s first China Strategy, Chancellor Olaf Scholz returned to China at the head …
Episode 103: Elections and the European Economy
Elections in Europe and the United States this year could have significant impacts on the European economy. The outcomes will influence how the transatlantic partners address the challenge from China …
Realism, Idealism, and U.S. Trade Policy
For nearly 100 years, U.S. trade policy has been judged by where it is situated along a continuum from protectionism to free trade. With the Reciprocal Trade Agreements Act of …
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Support Our WorkTransatlantic Climate Statecraft and Global Economic Order
Part I: A Pluralist International Economic Landscape After World War II the United States, several European countries, and other liberal democracies promoted a vision of international economic relations that was …
The Global Race to Regulate AI Is Just Beginning
On February 2, ambassadors from all 27 EU member states approved the final text of the bloc’s landmark AI Act, advancing the world’s first comprehensive AI regulation further toward implementation. …
AI and Data Privacy
No good fit The nexus of the EU’s AI Act and the GDPR is a timely topic. The AI Act has not finally been adopted in Europe, while the General …
The Transatlantic Economy in an Election Year
This year will see elections in both the United States (the White House and Congress) and the European Union (the European Parliament and indirectly the next President of the European …
Farewell to Wolfgang Schäuble
The Chancellor-behind-the-Scenes Imagine a mountain climber who scaled every peak in the Himalayas except Everest. That was Wolfgang Schäuble. No postwar politician reached more top party and government posts. Although …
Russia’s Invasion of Ukraine. Economic Challenges, Embargo Issues and a New Global Economic Order
Review of Paul J.J. Welfens’ Book The Russian invasion of Ukraine followed by—at the time of writing this review—21 months of a fierce and, from the Russian side, inhumanly-led war …
Climate Policies in Germany and the United States
Lobbying through Networks? At the UN Climate Change Conference (COP 28) at the end of November 2023, big questions arose about how the states performed after the Paris Agreement (COP …
Transatlantic Cooperation vs. Tech Nationalism
Values and Standards in the New Systemic Competition It is widely accepted that the ability to set technological standards is a prerequisite for an economy’s success on the world markets; …