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Geography of OpportunityAugust 06, 2012

This policy brief asks why some regions in the United States and Europe have grown during the economic crisis while others have lagged.

What do High-Growth Firms in the United States and Europe Teach Policymakers?August 06, 2012

This policy brief explains why economic policymakers should focus on high-growth small firms for job creation.

Russia’s Joining the WTO — Different Approaches to Human Rights Concerns Across the AtlanticJuly 19, 2012

With Russia's upcoming WTO admission, Europe and the U.S. will pressure the country to improve its human rights record. This paper examines the different approaches they will take.

Korean Hallyu in Trade PolicyApril 25, 2012

This policy brief looks at South Korea's use of preferential trade agreements.

A New Era for Transatlantic Trade LeadershipFebruary 13, 2012

In a new report, the Transatlantic Task Force on Trade and Investment calls for creation of a barrier-free transatlantic market as part of ambitious, realistic recommendations for a new U.S.-EU trade and in­vestment agenda to promote economic growth, jobs and economic develop­ment.

The Baltic States and Energy Security in Europe — Much Progress Made on a Critical IssueSeptember 20, 2011

This policy brief touches upon some of the most compelling issues that energy security raises as they relate to the Baltic states.

The Core of Europe — A New Way to Look at ItSeptember 20, 2011

This policy brief asks if it is possible to suggest criteria that could help identify those who belong to a loosely defined “core of Europe.”...

Presentation: World Economic Outlook: The United States and EuropeMarch 04, 2011

Powerpoint Presentation: IMF - World Economic Outlook - The United States and Europe

What Can We Realistically Expect From the G20?November 10, 2010

This policy brief takes stock of the G20’s accomplishments and methods of operation, cutting through the rhetoric to identify what can reasonably be expected of the G20 over the medium term.

Rebalancing Global Growth: The G20′s Difficult ChallengeJune 24, 2010

As American consumers retire from serving as the engine of world growth, the major surplus economies will have to pick up the slack. This is why global rebalancing is a key item on the G20 agenda in the 2010 Toronto and Seoul Summits. The United States requires a plan for fiscal consolidation, and China should implement its domestic rebalancing goals to see a rise in household incomes and domestic consumption as well as exchange rate appreciation. Other East Asian nations will need to reduce their reliance on export-led growth by importing and consuming more while Germany, as the main European surplus economy, should stimulate domestic demand and lead structural reforms in the eurozone.

The European Union’s Common Agricultural Policy: A Necessary ReformJune 22, 2010

This paper argues for a major reform of the European Union’s Common Agricultural Policy (CAP), based on the principles and objectives of the CAP as established by the Stresa conference of 1958 and developed and reaffirmed thereafter in several European Commission documents. By contrast, the actually existing CAP of today is mainly the result of political manoeuvring—a process to which the bulk of the following paper is dedicated.

Long-Term Challenges Facing European Agriculture: The Need for New Public and Private PoliciesOctober 19, 2009

This policy brief argues that European agriculture will face significant challenges over the coming decades.  Issues like the effects of climate change, the management of natural resources, and the constant battle to keep our food safe are altering the debate significantly.  A broad vision will be needed to incorporate these different challenges into the Common Agricultural Policy and match them up with the most appropriate policies.

Prodding the Liberal Agenda With a PitchforkAugust 02, 2009Climate change legislation was moving along in the House in June when it ran into a tractorcade. Dozens of farm-state lawmakers, led by the blunt-talking Minnesotan who chairs the House Agriculture Committee, blocked the way.Going on a Debt Diet Is HardJuly 04, 2009

The mounting federal budget deficit and cumulative U.S. government debt are issues of growing public debate. Economists hotly contest whether it is economically prudent or foolhardy to rein in expenditures in the midst of the worst economic downturn in 80 years. But either way, taxpayers may be reaching the limit of their tolerance for new government spending.

Diplomacy and Development in the 21st CenturyMay 21, 2009

On May 21, GMF Senior Transatlantic Fellow Jim Kunder responded to U.S. Senator John Kerry's speech on "Diplomacy and Development in the 21st Century."

Fixing the Global Economy: Why a Better Future Requires International CooperationDecember 03, 2008

Amid talk of a new "Bretton Woods," leaders of advanced and emerging economies met for the first time in November 2008 to discuss the global financial crisis. The crisis has clearly demonstrated the potential weaknesses of the existing financial and regulatory architecture. Capital crosses borders instantaneously and virtually seamlessly, but it is national bodies that are tasked with ensuring the financial system's stability. International cooperation is required.

The Shape of the Future: The Transatlantic Economy by 2025October 01, 2008

The foundation of the world economy has rested squarely on the shoulders of the transatlantic economy for the past 60 years. It is the largest, most powerful, and most productive economy in the world. And while the first decade and a half of globalization was largely driven and shaped by the United States and Europe, the world of tomorrow will be different. It will be less U.S.-centric and more crowded as new players, like China, Russia, India, and Brazil, from the developing nations reshape the global landscape.

The U.S. Presidential Election and the Prospects for Transatlantic Trade and InvestmentJuly 01, 2008

The transatlantic partnership over the past eight years has been under constant strain, creating an atmosphere of disappointment and distrust on both sides of the Atlantic. This brief examines the transatlantic economic partnership on trade and investment and the prospects of whether or not that relationship will continue to flourish under a new U.S. administration in 2009 or whether there will be a new tide of protectionism.

If Not Now, Then When?July 01, 2008

As ministers gather around the WTO negotiating table the week of July 21 in Geneva, there are troubling questions about whether the deal that is at hand is really worth doing and whether it is even possible to conclude an agreement at present, given the political constraints-especially those associated with a U.S. presidential election year.

Guardians of the Global System: What the Transatlantic Economic Partnership Should Give the World, and Why it Might Not DeliverMarch 01, 2008

This paper is an effort to illustrate a number of factors shaping the global political economy, in the hope of generating a long-term foundation for transatlantic cooperation.

The Impacts of Biofuels on Greenhouse Gases: How Land Use Change Alters the EquationFebruary 07, 2008

Most prior studies have found that substituting biofuels for gasoline will reduce greenhouse gases because biofuels sequester carbon through the growth of feedstock. These analyses have failed to count the carbon emissions that occur as farmers worldwide respond to higher prices and convert forest and grassland to new cropland to replace the grain (or cropland) diverted to biofuels.

One Minute to Midnight: Is There Still Time to Rethink EPAs?October 24, 2007

The European Union (EU) and the African, Caribbean, and Pacific (ACP) countries are entering the final phase of negotiations on Economic Partnership Agreements (EPAs), a set of WTO-compliant preferential trade agreements that will substitute the current nonreciprocal preference scheme.  Such agreements would liberalize bilateral trade between the EU and six ACP regional groupings. A proposed opening of ACP markets might well provoke trade diversion, cause serious government revenue losses, and hamper regional integration. This policy brief puts forward an alternative path to liberalization that would minimize these costs while still addressing the WTO constraint and their developmental goals.

Policies for Agricultural Adjustment in Developed Countries under Trade Policy ReformJune 29, 2007

Agriculture sectors in the United States and European Union are among the most heavily protected sectors of the global economy, but are increasingly confronted with the pressures of globalization, including ongoing trade policy reform that imposes stricter limits on subsidies and tariffs.

Setting Standards Together: For a New Transatlantic Partnership Between the EU and North AmericaMay 30, 2007

The United States, Canada, and the European Union are inextricably linked through their shared economic principles and political values. However, much of the economic potential between the European Union and its transatlantic partners remains untapped. The creation of a new transatlantic economic partnership would increase trade and investment, set global standards, attract new stakeholders, and lend fresh impetus to multilateral trade negotiations.

Transatlantic Cooperation and Conflict over Privacy Rules: Lessons for International Market RegulationMarch 25, 2007

Personal information ranging from credit card purchases to retina scans are increasingly being collected and processed by industry and government. With the rise of global digital networks, this data moves quickly across borders. Differences in national regulations concerning data privacy, then, become the foundation for a new area of regulatory conflict. Written by Professor Abraham Newman of Georgetown University.