Articles 1 - 2 of 2
Full-Text Articles in International Economics
Power Transitions And International Institutions: China's Creation Of The Asian Infrastructure Investment Bank, Liam Gennari
Honors Theses (PPE)
China’s rise has generated a sense of instability in the international system. Power Transition Theory warns that this period of change at the top of the international hierarchy will be a moment of great danger, as China will likely be dissatisfied with the world order that the United States has created. This view coincides with pessimistic realist projections. Neoliberal institutionalism is more optimistic about the prospects for a peaceful transition, believing that China will not necessarily be a dissatisfied power as the international system and its institutions encourage cooperation and a focus on absolute gains, mitigating the likelihood of ...
The German Current Account: A Comparison Of American And European Perspectives And Policies, Lauren N. Anders
Social Impact Research Experience (SIRE)
This paper reviews the components of the current account balance, the historical trends of Germany’s current account, and compares Germany’s current account to others across the world. It then discusses factors contributing to the current account surplus, including savings and investment behaviors, interest rates and the euro, and the gap between exports and imports. After discussing the impact of the surplus on international political relations and the political environment within Germany, this paper then delves into American, European, and German perspectives of the surplus – if it is harmful to the Eurozone and the global economy, and if so ...