Overcoming the Euro Crisis
The euro crisis has come to a preliminary halt following the two massive liquidity injections by the European Central Bank (ECB) in December 2011 and February 2012. However, these ECB …
The Rise of China: Implications for the Transatlantic Relationship
China’s Importance for the Transatlantic Relationship How does the rise of China affect the transatlantic relationship? The United States and European Union are increasingly shifting their attention toward China as …
The Growth Compact
The President of the European Central Bank (ECB) was in heavily fortified Barcelona, Spain today. I believe it is the first time in the history of the ECB that it …
Nuclear Energy in the U.S. and Germany: Weighing the Risks
Issue Brief 42 Energy and climate policy in the U.S. and in Germany seem to be miles apart. In 2011, Germany decided to phase-out nuclear, whereas in early 2012 the …
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Support Our WorkThe Decentralization of the Electricity Grid – Mitigating Risk in the Energy Sector
Introduction Natural disasters like Hurricane Katrina in the U.S. in 2005 and the earthquake off the coast of Japan in 2011 (which resulted in a devastating tsunami and the nuclear …
Energy Security Risk Assessment: A Transatlantic Comparison
The U.S. and West Germany once shared similar energy profiles and similar global energy challenges. Through the 1960s and in the beginning of the 1970s, with largely comparable energy mixes, …
Climate 2.0 – Can Geoengineering Make the World a Safer Place?
Wizardry to some, anathema to others, geoengineering—or climate engineering—is slowly encroaching on the territory of traditional climate policy. The Intergovernmental Panel on Climate Change’s (IPCC) next Assessment Report, due in …
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 …