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Dinner with Martin Blessing

The AICGS Business & Economics Program was pleased to host a private dinner with Martin Blessing, Chairman of the Board of Managing Directors at Commerzbank. Mr. Blessing talked about the impact...

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Sovereign Debt and Banks

The crises of recent years have shown us that we must part with many convictions held in the past. One of them is that government bonds are risk-free. This also applies to bonds issued by member...

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Greece and Sisyphus

Officially, Greece was not even on the agenda at the Spring meetings of the IMF and World Bank Group last week. But the country’s obstinate flirtation with disaster was very much on everybody’s mind,...

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Internal Flexibility and Wage Restraint as Key Factors for the German Labor...

Former DAAD/AICGS Research Fellow Alexander Reisenbichler and Kimberly J. Morgan, an Associate Professor of Political Science and International Affairs at George Washington University, recently...

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Restructuring Greece’s Sovereign Debt

Greece barely managed to repay a loan installment to the International Monetary Fund (IMF) this week, only being able to do so by tapping its own buffer reserves at the IMF. The rather unusual...

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The Great Divergence

The AICGS Business & Economics Program is pleased to invite you to attend our Annual Symposium in Germany, this year in Frankfurt, on “The Great Divergence: Are U.S. and European Economies Growing...

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Cities and States as Global Actors

Please note: Online registration for this event is now closed. On-site registration will be available beginning at 9:00am the day of the event. AICGS will hold its second annual “Transatlantic Dialogue...

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Transatlantic Competition Over Institutional Design

In 1996, Martha Finnemore noted in National Interests in International Society that no matter how technical international organizations might seem, they “are never neutral forms.” In his new article,...

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The G20 and Its Contribution to Growth and Global Governance

The G20 at leaders’ level was created in November 2008, shortly after the collapse of Lehman Brothers, at the height of the global financial crisis. Growth was therefore immediately at the center of...

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The Myth of a Mighty Germany

This June, the G-7 will meet in an opulent castle near Germany’s highest mountain, the Zugspitze. It was initially built, according to the host’s website, for an “egocentric zealot” who sought to...

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“The Great Divergence”

At the beginning of 2015, as many investors grew increasingly skeptical about the prospects of the euro area’s economy and its central bank’s capacity to fight what appeared to be the beginning of a...

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Orcun Kaya

Dr. Orcun Kaya is economist at the banking, financial markets, and regulation team of Deutsche Bank Research. In this role, he focuses on capital markets, corporate financing as well as financial...

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Capital Markets Union

These days, creating jobs and boosting growth are the top priorities of European policymakers. In order to do so, policymakers are focused on measures that widen firms’ funding opportunities, which...

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How can Europe help the Greeks?

Over 200 Billion Euros have been handed to Greece. Additional rescue funds will probably follow. Except: The government operates in a nepotistic way and the money doesn’t go to the Greek people. Once...

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The Bigger Drama

The events in Greece have taken us on an emotional roller coaster in the past week. After missing a payment to the IMF on Tuesday, Greeks voted on Sunday to reject a fiscal proposal by the country’s...

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Breakdown or Breakthrough?

The past few days have certainly been rich with dramatic twists and turns in the Greek drama. Nobody knows with certainty how the story will end—not the Greek politicians, the German creditors, or...

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Saving the Euro: On the Edge between Dream and Disaster

The tough negotiations that led to a deal to negotiate another deal between Greece and its creditors can certainly not be described as the finest hour in the history of the European Union. The result...

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A Race to the Bottom or a Race to the Top?

On July 9, AICGS hosted a roundtable discussion on the Transatlantic Trade and Investment Partnership (TTIP) with a delegation from the German Bundestag as well as representatives of the AFL-CIO and...

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The New Greek Bailout and the Never-Ending Political Fallout in Germany

Greece and its international creditors moved closer to securing a third bailout on Tuesday, paving the way for national parliaments to vote on the agreement before a crucial repayment to the European...

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Pleasing and Appeasing Markets

Following the recent and ongoing turmoil in financial markets, largely triggered by the growing uncertainty about the health of the Chinese economy, financial investors have started to expect and...

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