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Democratizing the Economic and Monetary Union

With the Eurozone emerging from years of economic crisis, the reform of the currency union is now in the limelight. After the “election year” in Europe, the reform momentum has …

America’s Four Economic Families

The United States may have two major political parties, but it is becoming clear that it has four economic families: Small government + free trade = Mainstream Republicans Small government …

Voting for the Eurozone on September 24th

The German elections are just over two weeks away on September 24.  Chancellor Angela Merkel is nearly certain to be reelected to a fourth term, so the main unknown surrounds …

Andreas Falke, AGSR Fellow

AGI is pleased to welcome Andreas Falke as an AGI/GMF Fellow with the American-German Situation Room in Washington, DC, in September 2017. Prof. Dr. Andreas Falke is the Chair for …

Two Cheers for the House Russia Sanctions

Energy policy is the geoeconomic tool par excellence. Whether it is the OPEC oil embargoes of the 1970s, the subsequent creation of the International Energy Agency by Western consuming nations, …

Germany’s Number 1 Task: Renew the Global Economic Order

The most important contribution the new German Federal Government can make is to support and reform the global economic order that has been responsible for 70 years of peace and …

A Tale of Two Communiqués

During Richard Nixon’s historic 1972 visit to China, the U.S. president reportedly asked Premier Zhou Enlai what he thought about the impact of the French Revolution on history, to which …

Will Globalization’s Third Phase Be Like Its First?

During the world’s first phase of globalization before World War I, I had a great-grandfather who was a cigarette manufacturer in Czarist Russia. He traveled regularly to Turkey to purchase …

The German-American Relationship: What’s In It for the U.S.?

The German-American relationship has gone from Bush 41’s call for a Partnership in Leadership to Trump’s view of Germany as one of America’s adversaries.  His National Security Advisor and top …

Seeking Compromise with the U.S. Instead of Conflict

While recently in Brussels, Donald Trump renewed his invectives against Germany’s trade surplus. This fits into an already quite familiar pattern: An unfriendly reception by demonstrators in Europe, major problems …

Companies Compete. Countries Pursue Their Interests. That’s a Big Difference.

If it becomes a new White House mantra, a key paragraph that appeared in an op-ed by National Security Advisor H.R. McMaster and National Economic Council chief Gary Cohn in …

Challenges for Transatlantic Economic Cooperation in a Trump Administration

Although stock markets have demonstrated an initial positive reaction to the inauguration of President Donald Trump, the new administration’s inward-looking economic policy agenda with the motto “America First” has also …