European External Economic Policy in the Age of Zeitenwende
For the past thirty years, the global economy has operated on the premise of political alignment. The promise of democratization and the rule of law around the world allowed unprecedented …
The WTO and National Security
Destress and Reform The Biden administration has reacted strongly to the ruling by the World Trade Organization (WTO) last week against the Trump-era national security tariffs on steel and aluminum. …
Compartmentalizing the Transatlantic Economic Relationship
What is the best way to judge the success of the third meeting of the U.S.-EU Trade and Technology Council (TTC) held on December 5th at the University of Maryland …
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 …
Scholz Goes to China
Much ink has already been spilled over German Chancellor Olaf Scholz’s upcoming visit to China. A chorus of skeptics and critics in Germany, around Europe, and across the Atlantic have …
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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 …
The Grand Failure
Grand New Beginning? February 24, 2022, will go down in history as a watershed moment for Europe and not the least for Germany. The day Russia invaded Ukraine spelled 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. …
Do We Need a Digital Bretton Woods?
The development of the Internet, and thus of the digital world, has had a transformative effect on the global economy. The transatlantic economy has been at the forefront of that …
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.” …
