Germany's G-8 Presidency occurs in a formative period for German foreign economic policy. It is about to step out of the post-Cold War order, but has not yet found a comprehensive strategy for global engagement. Hitherto Germany has had a flexible approach to its G-8 Presidency and neglected to...

The election of Trump into the Oval Office is much of a non-event for EU trade-policy detail, possibly even the TTIP: they have been deteriorating for years. Europe and the global trading system can survive new trade frictions and creeping protectionism, but a Trump that wants to go radical will...

Renewed interest in fiscal policy has increased the use of quantitative models to evaluate policy. Because of modeling uncertainty, it is essential that policy evaluations be robust to alternative assumptions. We find that models currently being used in practice to evaluate fiscal policy...

Renewed interest in fiscal policy has increased the use of quantitative models to evaluate policy. Because of modelling uncertainty, it is essential that policy evaluations be robust to alternative assumptions. We find that models currently being used in practice to evaluate fiscal policy...

This study examines the potential gains from a transatlantic zero-tariff agreement on trade in goods. The idea of deeper transatlantic economic integration has become more attractive in recent years. The hopes for an ambitious multilateral trade deal in the Doha Round negotiations have diminished;...