EA November 2012

The WCIT: Globalizing a Transatlantic Legacy

 

kramerIt’s not often that a single treaty conference crystalizes the hopes and efforts of a generation of policy-makers. But that is exactly the kind of suspense building up to the World Conference on International Telecommunications.
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CAN WALL STREET BE SAVED FROM ITSELF AND MAINSTREET FROM WALL STREET?

jacqueline-grapin“Government fundamentally failed in its role of protecting us,” such is the conclusion Sheila Bair reached after reflecting on her experience during the financial crisis as FDIC Chairman. Appointed by George W. Bush in 2006 at the head of the Federal Deposit Insurance Corporation, she witnessed the origins of the financial crisis and in 2008, became –along with Hank Paulson, Ben Bernanke, and Timothy Geithner – one of the key players trying to repair the damage everyone was witnessing. In 2008 and 2009 Forbes named her the second most powerful woman in the world behind German Chancellor Angela Merkel. She was one of the first people to identify and accurately assess the subprime crisis. In “Bull by the Horns” she describes her fight to make her voice heard in a male world of bankers and politicians more preoccupied by their self interest and personal relations than by the public good.  A main merit of this book is its honesty. It does not hide the sometimes ugly reality of the negotiations, which led to the distribution of billions of dollars to banks, subsequently distributed in fat bonuses to their undeserving leaders.

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Perspectives: Cameron’s Dilemma: New Terms for EU Membership or ‘BREXIT’?

spellmanAs the EU moves toward greater fiscal integration – driven by sovereign debt bailout programs and the consequences of moral hazards in supporting the euro to secure the EU’s future – British Prime Minister David Cameron is under increasing domestic pressure to decide whether to reduce his nation’s EU liabilities by reconfiguring its membership in the European Union or pulling out all together.

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The Drone Debate Grows in Europe

brianbeary-august2011While Unmanned Aerial Vehicles (UAVs), more commonly known as drones, have been garnering  attention as a key American tactical asset in the war against Al Qaeda,   their presence in Europe, on both military and civilian side  has received less coverage.  But with UAV technology flourishing and  some military experts predicting that drones will replace manned flights for both surveillance and military strike missions the issues raised by drones is growing increasingly ripe in Europe.

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Catalonia and the Rise of Economic Separatism in Europe

ryan barnes photo 2Massive anti-austerity protests, twenty five percent unemployment and other economic woes are not the only torments of Spain today.  Prime Minister Rajoy also has to deal with an internal revolt in Catalonia, where there is a sharp uptick in separatist attitudes and demands for greater sovereignty, a phenomenon also seen elsewhere in Europe.

Catalonia, with an economy the size of Portugal, could be on the brink of breaking away from one of the oldest states in the world. How did it come to this?

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  • How Automation Shapes the Labor Market AND Political Preferences

    By Thomas Kurer, University of Zurich and Bruno Palier, Sciences Po, Paris

    We do not believe that Brexit, Trump, or the alarming success of radical right parties in almost all European countries should be interpreted as mere “electoral accidents.” Instead, we suggest that the current destructuring of political systems is connected to the profound transformation of labor markets in times of automation. Our core argument is that the specific effects of current technological innovations are key to understanding their political implications.

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UMD Jean Monnet Research Project

The University of Maryland has received a Jean Monnet grant from the EU to conduct a series of policy exchanges between Europe and the US on filling infrastructure needs and the utility of public/private partnerships as the financing mechanism. If interested in participating in or receiving more information about these exchanges, please contact Rye McKenzie (rmckenzi@umd.edu).

New from the Bertelsmann Foundation

The Bertelsmann Foundation is an independent, nonpartisan and nonprofit think tank in Washington, DC with a transatlantic perspective on global challenges.

"Edge of a Precipice" by Nathan Crist

"Newpolitik" by Emily Hruban

 

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