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China: From Engine of Growth to Risk Factor

The People’s Republic of China was the engine of global growth and international trade for many years. From 2000 to 2014, China contributed 30 percent to global growth, while its share …

Time for a TTIP Light?

Germany and Transatlantic Economic Relations “Germany should dismantle transatlantic trade barriers and make a new start on a free trade agreement that increases prosperity while protecting climate and social policy …

AGI Profiles: Dr. Carsten Pillath

State Secretary in the Ministry of Finance Dr. Carsten Pillath serves as a State Secretary in the Federal Ministry of Finance, heading Directorate-Generals VII (Financial Market Policy) and E (European …

Globalization 2.0

Path to German-American Prosperity in the Age of Decarbonization and China’s Economic Slowdown? Two megatrends will dominate the global economy in the coming decade—our accelerating efforts to decarbonize and the …

Trade Liberalization: De Jure and De Facto

More than a year and a half into his administration, President Biden has so far followed through on a key campaign pledge: to forego new trade deals that open U.S. …

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Despite Challenges, the U.S. And EU Can Save the Rules-Based Economic Order and Redefine Globalization

First there was a trickle. After years of sounding the alarm about China’s use of forced labor, economic coercion, and unfair trade practices, the U.S. government has made steady but …

Globalization under Pressure: Danger for the German Economic Model?

The term globalization stands for an increasing economic and social interdependence worldwide. It is, or was, the result of three main factors: 1. the collapse of communism in Europe, the …

Friendshoring: Democracy or Diversity?

In an April 2, 1917 speech before Congress arguing for U.S. entry into World War I, President Woodrow Wilson famously declared that “the world must be made safe for democracy.” …

Reading Between the Lines of U.S. China Policy

U.S. Secretary of State Antony Blinken gave a speech to George Washington University on May 26 with the admirably straightforward title of “The Administration’s Approach to the People’s Republic of …

The West Should Stay Focused on Geoeconomic Rivalry with China

As China leveraged its state capitalist model to become a global superpower, it increasingly challenged the market-oriented basis of the liberal economic order founded by the United States and its …

Revoking Russia’s Trade Privileges

The System Worked Last Friday, the G7 and the European Union decided to revoke Russia’s “most favored nation” (MFN) status, or what is called “Permanent Normal Trade Relations” in the …

AGI Asks: What is Angela Merkel’s Legacy for European Integration?

AGI Asks: What is Angela Merkel’s European legacy? Erik Jones Robert Schuman Centre for Advanced Studies Angela Merkel will be remembered for many things, but her grudging pragmatism in response …