Global Economic Imbalances and International Security: Perils and Prospects
Tim Stuchtey
Brandenburg Institute for Society and Security
Dr. Tim H. Stuchtey is a Geoeconomics Non-Resident Senior Fellow at AICGS. He is the executive director of the Brandenburgisches Institut für Gesellschaft und Sicherheit (BIGS), a homeland security think-tank based in Potsdam, Germany. He is also a Non-Resident Fellow at AICGS and has served as Director of the Business & Economics Program. He works on various issues concerning economic policy, the economy of security, the classic German ‘Ordnungspolitik,’ and the economics of higher education.
Dr. Stuchtey studied economics with a major in international trade and international management and graduated in 1995 from the Westfälische Wilhelms-Universität in Münster. In 2001 he earned a Ph.D. from the Technische Universität Berlin in economics, which he obtained for his work in public finance and higher education policy. He worked as an economist for the German Employers Association and as a university administrator both at Technische and Humboldt-Universität Berlin. He was also the managing director for the Humboldt Institution on Transatlantic Issues, a Berlin-based think tank affiliated with Humboldt-Universität.
He has published a number of articles, working papers, and books on the security industry, homeland and cybersecurity issues, higher education governance and finance and on other questions of the so-called ‘Ordnungspolitik.’
Issue Brief 39
Despite improvements in the American and European financial markets in 2010, the fiscal crisis in Greece and the continually rising U.S. deficit have caused a decline of trust in the capital markets and have overshadowed any growth in the real economy. Overcoming the recession and returning to a sustainable growth pattern, however, is of paramount importance for the wealth and security of all nations, write AGI Business & Economics Program Director Dr. Tim Stuchtey and S. Chase Gummer. In Issue Brief #39, Stuchtey and Gummer examine existing global economic imbalances and the impact these imbalances have on international security.
