G20 – Global Trade Governance in Uncertain Times
The G20 is facing its second big litmus test. Almost ten years ago, only decisive action by the G20 prevented the global economy from spiraling into a deep depression. Not …
Europe and the World Need to Be Strategically Patient with Trump
As international delegates begin arriving in Washington, DC, for the first IMF/World Bank semi-annual meetings of the Trump era, among the biggest question facing leaders from around the world is …
Fixing Trade Rules—Or Fixing Trade Deficits?
In international relations, a distinction is often drawn between the “realist” school that bases decision-making on an objective calculation of national interests, and an “idealist” school that emphasizes principles such …
A Journey of a Thousand Miles Begins with a Single Step: A Chinese Way of Leadership, U.S. and Germany Must Take Note
The highly anticipated first meeting between Donald Trump and China’s president Xi Jinping concluded quietly against the backdrop of U.S. missile strikes in Syria. Despite flawlessly choreographed appearances and mutually-assured …
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Support Our WorkGE CEO: Germany points the way for a U.S. manufacturing revival
In an April 2 interview with Fareed Zakaria on CNN’s “Global Public Square,” GE CEO Jeff Immelt made the case for looking to Germany for clues to reviving manufacturing in hard-hit …
Looking for Insight into the Future of Transatlantic Economic Ties? Watch What Happens to NAFTA.
2016 was a tumultuous year in the political economy of trade. Populists have been on the march nearly everywhere—slowed, perhaps temporarily, by Dutch elections two weeks ago. At times, the …
After Warily Circling, Trump and Angela Merkel Prepare to Meet
In this article in the New York Times, Dr. Jackson Janes weighs in on expectations for Merkel’s March 14 visit with Trump, noting that a number of corporate CEOs will …
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 …
A New Narrative for German-American Relations
This essay will be published later this year in Mandarin by the Tongji University Center for German Studies in their “Annual Development Report of Germany 2017.” Download the full article. It is said …
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, …