Merkel’s Twin Mission with Trump: NATO and Trade
When German Chancellor Angela Merkel has her first face-to-face meeting with President Trump in Washington on March 17,* she will have two key tests. Can she take the sting out of …
Global Economic Order: A “Made in America” Idea
The idea of “global economic order” may sound far away from the concerns of the average citizen, but it means something both simple and important: that it is better for trade, investment, and other forms of commercial activity to take place according to agreed-upon rules, and that those rules should reflect the principles of the United States, Germany, and other liberal economies in Europe, Latin America, and Asia. “Liberal” in this case signifying not a position on a right-left political spectrum, but rather a set of ideas that encompasses the rule of law, openness to change, and the primacy of the individual vs. state authority.
Globalization: As Bad as Its Reputation?
There are rough times ahead for the ideas of free trade and globalization. U.S. president Donald Trump (who seems to prefer less rather than more economic openness), the Brexit vote, …
Germany – A Currency Manipulator?
Hardly any economist would have disagreed if Peter Navarro, new chief trade adviser to President Trump, had just restated the standard textbook wisdom: that a common currency cannot fit well …
From the AGI Bookshelf: Mittelstand ist eine Haltung
There are some words in German that are hard to translate: Gemütlich, fahrvernügnen, or Gesamtkonzept Mittelstand is another example. Technically it means small and middle-sized firms. But that is an elastic …
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Support Our WorkA New Geoeconomics Focus for 2017:Peter S. Rashish joins AGI as Senior Fellow and Project Director
As Germany assumes the Presidency of the G20 largest world economies, a new U.S. president takes office, and uncertainties surround the future of the global economic order, the American-German Institute …
In Trade Policy, the Best Defense Remains a Good Offense
The hometown Washington Redskins may have just missed making it to the playoffs of the National Football League championships this season. But they showed once again how important a strong …
A Missed Opportunity for Even Greater Influence
Of the U.S.’ trade policy and trade relationships over the past twenty-five years, Robert Zoellick, former World Bank president, U.S. Trade Representative, deputy Secretary of State, and AGI Trustee, writes …
Populist Political Wave in the UK and in the U.S.: On Brexit and Trump’s Economic Policy
2016 As a Special Year for the UK and the U.S. The UK experienced a rather surprising victory by the supporters of Brexit—i.e., those in favor of the UK leaving …