Europe: Is There a Light at the End of the Tunnel?
Thanks to the actions taken by the European Central Bank (ECB) in 2012, the euro crisis is over. But the damage inflicted to the real economy will take years to …
The European Monetary Union: More Stable than Ever
While the European debt crisis was raging in the financial markets, an old question resurfaced: can the euro survive on a sustained basis even though the currency does not meet …
Funding the Recovery: The Future Role of Traditional Banking and Capital Markets: Comparing the United States and Europe
Policy Report 58 Since the 2008 financial crisis, the United States and Europe have sought to reform the banking industry in an effort to reduce future risks to the financial …
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Support Our WorkEliminating Greenhouse Gases…One Car at a Time
In response to the increase in car congestion and global warming, many countries have been trying to reduce car usage in various ways. In February 2003, London introduced a toll …
Forging Legitimizing Coalitions: Comparing EU/U.S. Financial Consumer Protection Reforms
What is the role of non-state actors—corporate and civic—in influencing and redirecting regulatory reforms? How do critical junctures like financial crises change interest group dynamics? Focusing on financial consumer protection …
Aid for the Unemployed? How to Really Make the United States Competitive
“I don’t want the next big job-creating discovery and research and technology to be in Germany or China or Japan. I want it to be right here in the United …
From the AGI Bookshelf: Holding the Shop Together
We have recently added a new valuable study to our bookshelf: Holding the Shop Together (Cornell University Press, 2013) is a study on German industrial relations in the postwar era …
Credit for Growth: The Future Role of Traditional Banking and Capital Markets – Comparing the United States to Europe
Introduction Six years after the worst financial crisis in more than fifty years, the banking sector is still undergoing profound changes. Regulators on both sides of the Atlantic are tightening …
A Missed Chance: The Grand Coalition and Public Investment in Germany
The rest of Europe has lately been looking with envy at Germany. Over the past decade or so, Germany has morphed from the sick man of Europe to Europe’s economic …