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 >

Immigrants in Foreign Policy Making in Germany and the U.S.: Two Very Different Struggles to Embrace Diversity


In a globalized world, domestic politics no longer stop at the water’s edge, as transnational actors have emerged who push beyond existing borders. Some are driven by hybrid identities that reach beyond the contours of the nation-state. These ethnic interest groups represent immigrants and pursue a particular interest in foreign policy toward… Read more >

A Proposal for Historical Reconciliation: The “Dokdo Movement” of Korean Americans in the Washington Area

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Watching the daily lives of Korean Americans, one thing stands out: the way they live. Korean Americans are distinct, from the wrapping paper they use at dry cleaners, their supermarkets, their senior citizens associations, Korean restaurants, or even the inside of their
cars. The reason for Korean Americans’ distinction is Dokdo, a small group of islets between
Korea and Japan. Wherever there are Korean Americans you will find objects or people related to Dokdo. That does not mean, however, that Korean Americans are obsessed with
it …

Compensation as a Mechanism of Reconciliation? Lessons from the German Payments for Nazi Forced and Slave Labor

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In the growing scholarly discussion on reconciliation after violent conflicts, compensation
payments to former victims are described as a fundamental tool besides apologies, truth
commissions, or trials. Germany’s confrontation with its Nazi past is generally considered
a role model. Even if there is no consensus about a definition, “reconciliation” can be described as a process that offers former enemies a way to a shared future. The aim is to
overcome the past, but not to forget it …

Transatlantic Relations in an Age of Fiscal Austerity

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Prior to the economic and financial crisis that began in 2008, the fiscal challenges of both
Europe and the U.S. largely were viewed as longer-term issues, associated with gradually
rising public expenditures in the face of aging populations (the main issue for Europe) and
soaring health care costs … As a consequence, the focus on both sides of the Atlantic has shifted toward fiscal consolidation—both in the near term as well as the longer term.

Politics of Dilemma: Turkish and EU Approaches Toward Syria

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As Turkey continues to push for membership in the EU, many factors play a role in whether or not its acceptance will take hold. In this Transatlantic Perspectives essay, DAAD/AICGS Fellow Rana Deep Islam looks at Turkey and the EU’s respective foreign policy strategies, using the recent unrest in Syria as a… Read more >

Taming the Financial Beast


In the wake of the global financial crisis, the United States and the European Union have acted not only to recover from the crisis, but also to implement regulatory reforms to prevent another crisis of this magnitude in the future. The path to reform, however, has not been smooth. Political debates over fundamental issues have slowed progress toward making meaningful reform in regulating the financial sector.

Vigilance vs. Precaution: Diverging Directions in U.S. and European Technology Governance?

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In a new Transatlantic Perspectives essay, DAAD/AICGS Fellow Dr. Sascha Dickel examines how the emergence of synthetic biology has affected scientific regulatory principles in both the U.S. and Europe, focusing on the two entities’ respective ethics councils and how they balance the potential promise and risks that accompany new synthetic biology technologies. Dr. Dickel presented his research findings in a seminar on June 23, 2011; a summary of this event is available below.

Global Economic Imbalances and International Security: Perils and Prospects

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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 AICGS 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.