Ordnungsmacht Deutschland
Jochen Bittner, a regular contributor to the Advisor, argues that behind all of the euro zone debate lies a simple but unpleasant truth: The monetary union came too soon. Certainly it is difficult to shift strategies in the middle of a crisis, but Bittner contends that nothing less than a ‘reset’ will help the euro zone out of this mess, something the German government is eager to tackle, even if it won’t admit so publicly. This essay originally appeared in the January 18, 2011, edition of Die Zeit and is available in German only.
Knausrige Kanzlerin verschärft die Euro-Krise
As Portugal, Spain, and others have to pay exorbitant interest rates on their government debt, all of Europe is threatened with an increasingly worse economic crisis, writes Senior Non-Resident Fellow Dr. Sebastian Dullien. Germany could help, Dr. Dullien argues, but instead a ‘stingy’ Chancellor Merkel is endangering the euro zone with her government’s mindset of demanding punishment for countries in crisis. This essay originally appeared in the January 17, 2011, online edition of Der Spiegel and is available in German only.
The Financial Outlook in 2011
In an essay written for Roland Berger Strategy Consultants, AICGS Trustee Dr. Josef Joffe examines the global financial outlook for 2011 and writes that despite some negative indicators, global prospects in 2011 look brighter than previous years, leading to cautious optimism for the coming year.
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 …
Intellectual Property Rights and Green Technology Transfer: German and U.S. Perspectives
Policy Report 45 While environmental concerns have recently taken a backseat to the economic and financial crisis, scientific projections on climate change continue to call for action. Yet, international cooperation …
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Support Our WorkPromoting Energy Innovation and Investment Through Transatlantic Transfer of Community Energy Policies
Policy Report 43 In Policy Report #43, “Promoting Energy Innovation and Investment Through Transatlantic Transfer of Community Energy Policies,” Dale Medearis, Peter Garforth, and Stefan Blüm look to the European …
Anything But SWIFT: Why Data Sharing is Still a Problem for the EU
Issue Brief 35 The fight against terrorism has been on the forefront of the U.S. and German agendas and shapes the relationship between both countries. While cooperation has been strong, …
The Awakening of the East: Economic Development in the Eastern Federal States
In this Transatlantic Perspectives essay, Dr. Klaus Deutsch and Sascha Brok use the twentieth anniversary of the fall of the Berlin Wall as an opportunity to look at the development of the eastern states, and write that despite a rosy outlook, much work remains to improve economic conditions, especially when it comes to unemployment and overall quality of life.
What Happened to the Blooming Landscapes?
In this Transatlantic Perspectives essay, AICGS Senior Non-Resident Fellow Dr. Jennifer Hunt, Professor of Economics at McGill University, examines why sustained economic growth in eastern Germany has proved elusive despite transfers of €1 trillion from western Germany. Dr. Hunt writes that the puzzle of this discrepancy is whether the stalled convergence with western Germany is related to initial policy mistakes, to shortcomings in current policies, or to emigration.
‘They Can and Must Increase’: An Analysis of U.S.-Russian Economic Relations in International Comparison
Issue Brief 31 In Issue Brief 31, “‘They Can and Must Increase’: An Analysis of U.S.-Russian Economic Relations in International Comparison,” Deutsche Bank/AGI Fellow Dr. Thorsten Nestmann analyzes the low …
The Transatlantic Agenda for Labor Market Reform: Increasing Adaptability Through Continuing Training
Former DAAD/AICGS Fellow Tobias Schulze-Cleven writes that the current global economic crisis presents an opportunity to rethink economic policy priorities in both the United States and Germany. In his essay “The Transatlantic Agenda for Labor Market Reform: Increasing Adaptability Through Continuing Training,” Mr. Schulze-Cleven suggests that the countries use this opportunity to reexamine their respective continuing training programs as a way to provide workforce security for both good and bad economic times, using the example provided by Denmark’s continuing training programs as a model for going forward.
