Business & Economics

Energy Security Risk Assessment: A Transatlantic Comparison

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Aki Kachi

The U.S. and West Germany once shared similar energy profiles and similar global energy challenges. Through the 1960s and in the beginning of the 1970s, with largely comparable energy mixes, they both saw themselves as vulnerable to oil shocks and in 1974, were both founding members of the International Energy Agency.  At… Read more >

Climate 2.0 – Can Geoengineering Make the World a Safer Place?

Sabrina Schulz

Wizardry to some, anathema to others, geoengineering—or climate engineering—is slowly encroaching on the territory of traditional climate policy. The Intergovernmental Panel on Climate Change’s (IPCC) next Assessment Report, due in 2013/14, will cover “the deliberate large-scale manipulation of the planetary environment”[1] as a potential strategy to counteract man-made climate change. Technological solutions… Read more >

The €20 Billion Problem in Germany’s Statutory Health Insurance

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Health care policy experts in Germany are discussing a bizarre problem: What to do with €20 billion of accumulated reserves in the Statutory Health Insurance System? Of course, the availability of money creates the usual suggestions. Providers want their share of the cake through higher payments—for example, the chairman of the National… Read more >

White, Grey, and Black (Euro) Swans: Dealing with Transatlantic Financial Risk in 2012

Matthias Matthijs

The idea that the euro crisis is over is hopeful at best, naïve at worst. It is far from over. We are actually at the beginning of a dangerous new phase of political uncertainty across the eurozone that could massively impact its financial markets. On the other side of the Atlantic, continuing… Read more >

The New Role of Universities in the Twenty-first Century: Universities as Engines of Innovation and Entrepreneurial Hubs

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Universities can be a driving force for innovation, as discussed in this Policy Report

Invisible Redistribution to Weaker Economies? The Case for EU Automatic Stabilizers

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The Greek financial crisis seems finally to have been overcome, thanks to emergency European Union (EU) and International Monetary Fund (IMF) lending to the Greek government.  Bondholders will have been punished, too, losing 75 percent of their capital in the transaction, and Greece itself will continue to be yoked to austerity budgets… Read more >

Same Economic Nightmares, Different Solutions: Transatlantic Approaches to International Macroeconomic Policymaking in the Face of the Crisis


Policy Report 48 argues that, in a climate of economic crisis and distress, transatlantic cooperation is still essential and must be expanded, despite current differences in policy.

The End of the Years of Plenty? American and German Responses to the Economic Crisis


Policy Report 49 analyzes the policy responses of Germany and the United States to the continued economic and financial unrest. The authors examine the origins of Germany’s economic policy and order as well as the current role Germany is playing in the European economy. They also analyze implications for European integration, security issues, and the transatlantic partnership.They argue that because the Great Recession had different economic effects in Germany and the U.S., policymakers’ responses differed as well. But, once the economic circumstances converge, economic policy in Germany and the U.S. will also become similar again.

Executive Summary: The End of the Years of Plenty? American and German Responses to the Economic Crisis

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German and American responses to the economic crisis have varied since 2008. The Executive Summary to analysis by Tim Stuchtey, S. Chase Gummer, and Jacob Funk Kirkegaard highlights the main reasons for their differences and the outcomes of the two countries’ policies.

Lots of Talk, Little Action? Chances and Impediments for a New EU-U.S. Trade Agenda


The annual meeting of the Transatlantic Economic Council (TEC) in November 2011 presented an opportunity for German and American policymakers  to make progress on their efforts at greater trade integration.  This Issue Brief gives an overview of the EU and the U.S.’ trade agendas and looks at how greater transatlantic cooperation can… Read more >