Just because the US is tearing up the international consensus against state aid doesn’t meant the likes of the EU and UK should follow suit.
Academic rigor, journalistic flair
Kiel Institute for the World Economy
The Kiel Institute is an international center for research in global economic affairs, economic policy consulting, and economic education. The Institute engages especially in creating solutions to urgent problems in global economic affairs. On basis of its research, the Institute advises decisiontakers in policy, business, and society and informs the broader public about important developments in international economic policy. As a portal to research in global economic affairs, the Kiel Institute has established a network of International Research Fellows that supports the worldwide awareness of the Institute’s activities and gives additional research impulses in form of scientific advice, joint research, and teaching stays in Kiel. The Institute lays a special focus on economic education and closely cooperates with the world’s largest library in economic and social sciences.
The Institute was founded in 1914 by Bernhard Harms. The Institute, which is an independent institution, is affiliated with the Christian-Albrechts-University of Kiel.
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An experiment conducted online with residents of Italy and the US detected similar patterns based on ideological identity.
Experiments in the US and Italy that observed people’s charitable choices found similar results: People tend to prefer to help local communities.
The G20’s lack of leadership will continue to contribute to the current global economic malaise.
