The Global Race to Regulate AI Is Just Beginning
On February 2, ambassadors from all 27 EU member states approved the final text of the bloc’s landmark AI Act, advancing the world’s first comprehensive AI regulation further toward implementation. …
AI and Data Privacy
No good fit The nexus of the EU’s AI Act and the GDPR is a timely topic. The AI Act has not finally been adopted in Europe, while the General …
The Transatlantic Economy in an Election Year
This year will see elections in both the United States (the White House and Congress) and the European Union (the European Parliament and indirectly the next President of the European …
Russia’s Invasion of Ukraine. Economic Challenges, Embargo Issues and a New Global Economic Order
Review of Paul J.J. Welfens’ Book The Russian invasion of Ukraine followed by—at the time of writing this review—21 months of a fierce and, from the Russian side, inhumanly-led war …
Transatlantic Cooperation vs. Tech Nationalism
Values and Standards in the New Systemic Competition It is widely accepted that the ability to set technological standards is a prerequisite for an economy’s success on the world markets; …
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China Is Listening
But It Won’t Be Business as Usual When European Commission President Ursula von der Leyen and President of the European Council Charles Michel departed China after last week’s EU-China Summit, …
Back to Reason!
The Constitutional Court’s decision is an opportunity for a far-reaching political change. The Traffic Light Coalition should seize it. This article originally appeared in German in WirtschaftsWoche on November 25, …
Toward a Sustainable Global Economy
The Potential and Limits of a Climate Club and other Plurilateral Initiatives Climate change, loss of biodiversity, pandemics, widening economic inequalities and poverty, high debt and shrinking fiscal space, financial …
Germany Needs More Industrial Policy
The past two years have been hard for the German economy. Not only has the energy price shock following Russia’s invasion of Ukraine in February 2022 shaved off roughly 4 …
The U.S.-EU Summit and the Double Irony of GASSA
There are two ironies in the absence of an agreement on a “Global Arrangement on Sustainable Steel and Aluminum” (GASSA) at last Friday’s U.S.-EU summit in Washington, where President Biden …
A Transatlantic Geoeconomic Alliance against China?
The EU’s impending announcement of an anti-subsidy investigation into Chinese steelmakers at the October EU-U.S. summit is among the latest evidence of the expanding fissure in the global economy along …
