Post-Soviet Apprenticeship
After the hustle and bustle of the capital city, our train passed through the countryside. Small family farms with goats abutted a busy railway. Our destination also lay in between …
ECB Turning into a “Bad Bank”? Nonsense
Adequate ECB Policy Reduces Risks For five years, many German academics and the mass media have warned that the unconventional policies of the European Central Bank (ECB) would lead to …
New EU Commission
“Your objective is to make Europe a world leader in information and communication technology, with all the tools to succeed in the global digital economy and society. […] To do …
Central Banks’ Diverging Paths Equals a Weaker Euro
The latest monetary decisions made by the U.S. Federal Reserve (Fed) and the European Central Bank (ECB) are keeping analysts very busy. The two key questions central bank watchers are grappling …
Labor Mobility
How mobile are workers in the euro currency area? Everyone directly or indirectly involved in devising, designing, and implementing the single European currency had to deal with this question in …
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Support Our WorkTurning Plans Into Action
About a year ago, markets were experiencing serious taper tantrums. At the time, ECB President Mario Draghi proudly defended the fact that unwinding outright asset purchases, and therefore reducing its …
The European Version of Quantitative Easing
Now set to directly purchase asset-backed-securities, ECB President Mario Draghi is leading the Euro Zone in the opposite path of the U.S. Federal Reserve. AICGS Business & Economics Program Director Alexander Privitera analyzes the impact of the announcement for the Euro Zone.
Crossing the New Rubicon?
Mario Draghi, the president of the European Central Bank, knows a thing or two about the importance of timing. As markets anxiously wait for new clues from the central banker …
Trading French Reform for German Investment: A Win-Win for Berlin and the Eurozone
As economic growth in Germany falls short and French prospects begin looking up, now is the time for a new Grand Bargain over debt and reform in the Euro Zone. AICGS Non-Resident Fellow Peter Rashish details the impact of French President Francois Hollande’s recent successes in economic reform, including removing left-wing cabinet members from office.
Späte Reue, Stefan Baron
Writing a book about one’s own boss is a difficult task under any circumstance. The exercise is particularly tricky if the person in question is a highly controversial banker; if …
Rebuilding the Relationship: The Undeniable Ties Between the United States and Germany
In the wake of the recent espionage scandal, it is time for the U.S. and Germany to start cleaning up the damage and rebuild the relationship. Geopolitical hotheads on both …
The Future Europe
In May 1989, U.S. President George H.W. Bush gave a speech in Mainz, West Germany, inviting—or challenging—Germany to be a “partner in leadership” with the United States. Many Germans greeted …
