White, Grey, and Black (Euro) Swans: Dealing with Transatlantic Financial Risk in 2012
The idea that the euro crisis is over is hopeful at best, naïve at worst. It is far from over. We are actually at the beginning of a dangerous new …
Invisible Redistribution to Weaker Economies? The Case for EU Automatic Stabilizers
The Greek financial crisis seems finally to have been overcome, thanks to emergency European Union (EU) and International Monetary Fund (IMF) lending to the Greek government. Bondholders will have been …
European Energy Security: A New Pattern of External Stability and Internal Risks
Introduction The fundamental dilemma of energy policy is its irreconcilable aims. Energy should be cheap, secure, and clean. While it is comparatively easy to achieve two of these objectives, it …
Same Economic Nightmares, Different Solutions: Transatlantic Approaches to International Macroeconomic Policymaking in the Face of the Crisis
Policy Report 48 Policy Report 48 argues that, in a climate of economic crisis and distress, transatlantic cooperation is still essential and must be expanded, despite current differences in policy. …
Recent Authors
AGI provides knowledge, insights, and networks as tools to solve the challenges ahead.
Support Our WorkThe End of the Years of Plenty? American and German Responses to the Economic Crisis
Policy Report 49 Policy Report 49 analyzes the policy responses of Germany and the United States to the continued economic and financial unrest. The authors examine the origins of Germany’s …
Lots of Talk, Little Action? Chances and Impediments for a New EU-U.S. Trade Agenda
Issue Brief 41 The annual meeting of the Transatlantic Economic Council (TEC) in November 2011 presented an opportunity for German and American policymakers to make progress on their efforts at …
The Eurozone Crisis and Implications for the United States
European leaders finally agreed to a more comprehensive plan to help bring the euro out of its current crisis. However, many experts agree that there is still much more that needs to be done to bring Europe, and the global economy as a whole, out of this mess. This week’s AICGS Advisor examines a few of the expert opinions on what still lies ahead:
Peter S. Rashish, Vice President for Europe & Eurasia, U.S Chamber of Commerce, gives his testimony before the House Financial Services subcommittee on International Monetary Policy and Trade on the U.S. implications of the euro zone crisis and what should be done to bolster trade between the two partners.
Transatlantic Relations in an Age of Fiscal Austerity
Issue Brief 40 Prior to the economic and financial crisis that began in 2008, the fiscal challenges of both Europe and the U.S. largely were viewed as longer-term issues, associated …
Taming the Financial Beast: A Status Report of Financial Regulatory Reform in the U.S. and European Union
Policy Report 47 In the wake of the global financial crisis, the United States and the European Union have acted not only to recover from the crisis, but also to …
Global Economic Imbalances and International Security: Perils and Prospects
Issue Brief 39 Despite improvements in the American and European financial markets in 2010, the fiscal crisis in Greece and the continually rising U.S. deficit have caused a decline of …
Recovering From an Economic Hangover: Lessons and Prescriptions for Transatlantic Cooperation
Issue Brief 38 Two years after the financial and economic crisis began in the United States and shortly thereafter spread to Europe and Germany, the subsequent economic downturn continues to …
