Mitigating the Adjustment Costs of International Trade
About the publication: The evidence demonstrating that nations gain from trade is overwhelming. However, trade liberalization can cause disruption to firms and workers, and its gains and losses are spread …
Social Cohesion in the United States and Germany: Will Protectionism and Income Redistribution Be Helpful?
While the economy is booming, society is drifting apart. Social cohesion is showing cracks and political stability is in many places in danger. Partitioning is again becoming an issue. These …
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Support Our WorkHanna Wang, DAAD/AGI Research Fellow
AGI is pleased to welcome Hanna Wang as a DAAD/AGI Research Fellow for June and July 2018. Ms. Wang is currently a doctoral student in Economics at the University of Pennsylvania. …
The White House’s Steel Tariffs Decision: Bad, But It Could Have Been Worse
We take the view that without a strong economy, you cannot have strong national security. – Wilbur Ross, U.S. Secretary of Commerce Yesterday’s decision by the Trump administration to levy …
Name the Free-Market Economy – America or Europe?
A Martian is being briefed about his upcoming visit to Earth, where he is told there are two big economies, Reagania and Bureaucratia. Reagania is known for its belief in …
Germany and the United States: The Strategic Triangle in the Transatlantic Relationship
On May 4, 2018, a group of high-profile American and German government officials, think tank experts, and industry leaders came together at AGI to discuss transatlantic interests and strategies toward …
The Transatlantic Trade Drama Enters Act III
The drama over steel and aluminum tariffs is now entering its third act. The plot lines have become clear, and the possible denouements are emerging. But it remains to be …
The Risks of American Protectionism for Europe
The decision by U.S. president Donald Trump to impose steel and aluminum tariffs poses great risks for Europe and the global trade system. The temporary exemption for European countries until …