# Blog

Germany’s current account surplus after the Covid recession

In 2019, Germany ran a current account surplus of $290 billion, the largest in the world. Germany’s current account surplus is persistently large: from 2011 to 2020, it never dropped below 6% of GDP and remained above 7%...

26th October 2021 by Guntram Wolff 22629 views

# Blog, Interviews

Can climate change be tackled without ditching economic growth?

The ultimate answer to the question on whether climate change can be tackled without ditching economic growth depends on our willingness to step up climate action massively. This piece originally appeared in Corriere del...

27th September 2021 by Guntram Wolff 1136 views

# Blog

German elections: seizing the moral and economic opportunity of global health security

This blog is part of a series by CGD and partnering institutions from Germany focused on presenting specific policy proposals for the next German government’s leadership on global development issues. The COVID-19 pandemi...

25th September 2021 by Guntram Wolff 767 views

# Blog

Germany’s foreign economic policy: four essential steps

Germany and the EU need to develop a strong and proactive agenda to manage foreign economic relations, which are essential for German and European prosperity. Germany’s foreign economic policy has barely got a mention in...

23rd September 2021 by Guntram Wolff 581 views

# Blog

How much investment do we need to reach net zero?

To become climate neutral by mid-century, the European Union and other major economies must substantially reduce their greenhouse gas (GHG) emissions during this decade. The EU aims to reduce its emissions by 55 percent ...

25th August 2021 by Guntram Wolff 1094 views

# Blog, Interviews

Increasing the global capacity for essential medical supplies: Europe remains key

Versions of this piece were originally published in Caixin, Capital.bg, El País, Il Sole 24 Ore, Le Grand Continent, Helsingin Sanomat Nikkei Veritas and Rzeczpospolita. The COVID-19 pandemic is nowhere near its end at a...

22nd July 2021 by Guntram Wolff 1110 views

# Blog

The Conference on the Future of Europe: vehicle for reform versus forum for reflection?

The approach of the European Union’s institutions to the Conference on the Future of Europe is muddled, with risks for the outcome. The European Union after several delays opened the Conference on the Future of Eu...

15th June 2021 by Guntram Wolff 1540 views

# Blog, Interviews

Relaunching transatlantic cooperation with a carbon border adjustment mechanism

This piece was originally published by Le Monde and Domani. On June 15, President Joe Biden will join Charles Michel and Ursula von der Leyen in Brussels for an important European Union–United States summit that aims at ...

11th June 2021 by Guntram Wolff 445 views

# Blog

Inflation!? Germany, the euro area and the European Central Bank

my latest post is here:...

9th June 2021 by Guntram Wolff 1428 views

# Blog

The EU’s fiscal stance, its recovery fund, and how they relate to the fiscal rules

Joint EU borrowing to boost the recovery, if not treated as national deficit and debt, will substantially ease rules-based fiscal adjustment needs in southern and eastern Europe, but not in western and northern Europe. B...

5th March 2021 by Guntram Wolff 2847 views