The U.S. Elections 2012 and German Elections 2013 –

What Do the Results Mean for Transatlantic Relations?



November 12, 2013





About the Symposium

The AICGS Annual Symposium will feature five panels on current economic and business topics related to the elections in the U.S. and Germany. Each panel will have a high-level speaker plus respondents drawn from the academic and corporate sectors. Several of the respondents are also invited to submit papers before the Symposium, which will be available to the audience and discussed during the panel. The conference aims to attract 250-300 business leaders and executives to discuss salient issues. To get through security, guests must register.


The AICGS Annual Symposium is generously supported by Carl Siebel; the Robert Bosch Foundation Alumni Association; Roland Berger; Deutsche Bank; Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates; and the Transatlantic Program of the Federal Republic of Germany with Funds through the European Recovery Program (ERP) of the Ministry for Education and Technology (BMWI).

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Program Benefits

Our Symposium will provide the analytical tools and concepts to understand challenges in the American-German relationship and emerging issues on the transatlantic agenda.


The United States and the European Union will face important challenges in the coming years in the form of increased economic competition, social and demographic changes, new political leadership, and lingering concerns about energy security and environmental sustainability. Europe and America must work together in order to deal successfully with these issues, and their capacity to do so depends to a large degree on the strength of the American-German partnership.


9:00 am – Introduction

Jacques Brand
CEO of North America, Member of the Group Executive Committee, Deutsche Bank; AICGS Chairman

9:05 am – Opening Remarks

Dr. Jackson Janes
President, AICGS

9:15 am – Keynote Speech

John W. Snow
President, JWS Associates, LLC; Former U.S. Secretary of the Treasury

9:30 am – Panel 1

The Economic Policies of the New Governments and Their Effects on Europe and the World

European partners and the U.S. government will look at the outcome of the September 22nd elections in Germany with great interest. This date is seen by many as a potentially defining moment in the history of managing and overcoming the European debt crisis.

The central question is whether the new/old German government will change course or stick to the current step-by-step approach: Once the political campaign stops and the “electoral” dust settles, will France and Germany finally overcome mutual suspicions and once again become a powerful engine for further European integration? What will the indirect impact of the German vote be on monetary policies?

More importantly, will members of the euro zone be able to make significant progress towards a full banking union?  What is the significance of the asset quality review that the ECB will undertake?  What impact will it have on a still fragile European banking system?

In the U.S., the ability or inability to address its own fiscal challenges could have far reaching consequences on economic growth and monetary policies. In the summer and fall of 2013 the U.S. Congress and White House will prove whether they are capable of striking a compromise.

The Fed will have a new Chairman in 2014, and financial markets are trying to determine how much the current non-conventional approach to monetary policies will be affected by the leadership change. The consequences of such policy changes will be felt across the Atlantic.


Prof. Dr. h.c. Roland Berger, Founder and Honorary Chairman, Roland Berger Strategy Consultants
Barbara Boettcher, Head of Economic & European Policy, Deutsche Bank
Dr. Robin Brooks, Managing Director, Foreign Exchange Strategy, Goldman, Sachs & Co.
Dr. Michael Heise, Chief Economist, Allianz
Zanny Minton-Beddoes, Economics Editor, The Economist


Alexander Privitera
Senior Editor, AICGS Advisor
Director, Business & Economics Program, AICGS

10:45 am – Coffee Break


11:00 am – Panel 2

A New Political Generation and Its Political Priorities

The “Millennial Generation,” those born between approximately the mid-1970s and the mid-1990s, is coming of age in terms of voting, alternative means of political action, and political leadership. Characterizations of this generation widely diverge from extreme narcissism on the one side to extensive civic-mindedness on the other. The panel will focus on what is different about this generation, and the political consequences of that uniqueness, along four dimensions:

Make-up of the Millennial Generation
  • socio-economic
  • racial
  • ethnic
  • gender
  • political ideology
New domestic policy priorities
  • employment
  • education for a new economic and technological age
  • environment
  • less traditional “hard” foreign policy interest and more emphasis on “softer” issues such as energy security and human rights
New arenas for engaging in politics
  • growing disaffection with national politics
  • increased emphasis on state, local and virtual communities
New methods of political engagement
  • extensive use of social media
  • new technologies and the internet, as seen, for example, in the activities of the Pirate Party in Germany and in the U.S.


Jessica Grounds, Executive Director, Running Start
Dr. Andreas Nick, CDU, German Bundestag
Mayor Boris Palmer, Mayor of Tübingen
Dr. Jeremy Rosner, Executive Vice President / Principal, Greenberg Quinlan Rosner Research


Dr. Lily Gardner Feldman
Harry and Helen Gray Senior Fellow
Director, Society, Culture & Politics Program, AICGS

12:15 – 12:45 pm – Luncheon Break


12:45 am – DAAD Prize Presentation: 2013 DAAD Prize for Distinguished Scholarship in German and European Studies: Humanities


Dr. Lily Gardner Feldman
Harry and Helen Gray Senior Fellow
Director, Society, Culture & Politics Program, AICGS

Honoree Award and Remarks:

Dr. Nina Lemmens
Director, German Academic Exchange Service North America


Dr. Andrew I. Port
Associate Professor, Wayne State University

1:00 pm – Panel 3

Cyber Security in the New Computing Age: Protection Roles by the Private Sector vs. the Government

Serious cyber-attacks against public and private sector organizations are increasing in frequency and severity.  Recent events have promoted concerns about preventing cyber-attacks while preserving privacy to the top of the political agenda. National—and international—conversations are taking place on the campaign trail, among policymakers, and by the tech-savvy younger generation on the role of the government in a networked world.

Technology has changed the face of cyber security. The exponential growth of network-attached devices, ranging from personal devices (smart phones, tablets, PCs, home networks) to corporate infrastructure (PCs, servers, corporate networks and datacenters) to public infrastructure (utility grids, public transit, defense intelligence) has created opportunities, challenges, and threats to organizations around the globe.  Added to this mix is the resulting growth in data and the increasing sophistication of software to manipulate, analyze, and process these data.

Hackers, once eager young students and programmers anxious to demonstrate their computing prowess through intrusions and playful antics, have evolved.  Now, access to our systems is sought by highly sophisticated organized crime rings operating across borders and national defense agencies pursuing clandestine and military activities.

IBM and other leading IT firms have developed advanced data analytics software to detect and prevent cyber-attacks by leveraging advanced data analysis.  These tools and processes develop insights about the kinds of attacks being launched, who is launching them, and how their techniques are evolving.  These analytics help determine which industries are being targeted, the types of incidents most prevalent, the threat posed, and the factors that allow exposure to cyber-attacks.

With public infrastructure and other national interests increasingly under attack and at risk of attack, governments are playing a more active role in the cyber security world, raising new questions about privacy boundaries and protection agendas.  Questions on the role of government remain: should companies share the data they have with the government? What oversight mechanisms should be in place to prevent abuse by the government? What measures can the government take to fight intrusions?

It is certain that some combination of approaches will be necessary, and this panel will examine what combination of government and corporate power can be combined to determine precisely where attacks emanate, the motives, and the parties responsible.


Scott Crawford, Security Strategist, IBM
Louis R. Hughes, Independent Director, Alcatel Lucent
Stuart Levi, Partner, Skadden, Arps, Slate, Meagher & Flom LLP
Udi Mokady, Founder and CEO, Cyber-Ark
Rolf Riemenschnitter, Chief Information Security Officer, Deutsche Bank
Shreyas Vijaykumar, Commercial Business Lead, Palantir


Stephen Pettigrew
Managing Director, Software Investment Banking, Deutsche Bank

2:15 pm – Panel 4

Post-Election Realities: The Domestic and International Consequences

Whatever Germany’s choices for leadership in the September elections are the challenges ahead and into 2014 remain the same. The domestic issues will be shaped primarily by the economic environment within Germany as well as within the European area, but also by the global arena. The ability of Berlin to continue to steer successfully through economic volatility will depend on political trust and confidence in the government. The debate over Germany’s role and responsibility in the EU will remain intense as will the demands on Germany in dealing with the global challenges in the Middle East, Africa, and Asia. Burden sharing within Europe as well as within the transatlantic community will continue to be a work in progress without consensus. In the U.S., the debate over how to find a balance between domestic priorities and foreign policy demands will continue to drive the discourse between the White House and Congress, particularly as the U.S. moves into a critical Congressional election year in 2014.

The efforts by Germany and Europe to find common economic ground with the U.S. will be on display during the so-called TTIP (Transatlantic Trade and Investment Partnership) negotiations. Yet the pressures on both sides of the Atlantic in dealing with the crises in the post-Arab Spring region, the civil war in Syria, the negotiations with a new government in Tehran, as well as with Russia, China, and indeed, increasingly the dangers in sub-Saharan Africa, require attention.


Friedrich Merz, Partner, Mayer Brown LLP; Chairman, Atlantik-Brücke
Ambassador Philip Murphy, Founder, Murphy Endeavors
Dietmar Nietan, SPD, German Bundestag
Mayor Boris Palmer, Mayor of Tübingen
Dr. Andreas Schockenhoff, CDU, German Bundestag


Dr. Jackson Janes
President, AICGS


3:30 pm – Coffee Break


3:45 pm – Panel 5

The German Apprenticeship Model: Helping Workers Gain a Competitive Edge

The United States is desperately trying to reduce its unemployment rate. The domestic energy boom and low natural gas prices, together with competitive wage rates, could lead to a resurgence in manufacturing that could provide a great opportunity to increase middle-class wages, reduce income inequality, and expand social mobility. The bad news is, firms interested in investing in the United States are finding too few workers with the skills needed to achieve the productivity and quality required in today’s globally competitive industries.

While unemployment remains at 7.6 percent, about 600,000 jobs go unfilled because of a lack of skilled labor.1 Meanwhile, German companies’ top complaint about expanding operations in the United States is an inadequate number of skilled workers for intermediate-level technical occupations. The problems lie not with college-educated engineers or graduates with general bachelor’s degrees, but in the shortage of skilled machinists, welders, robotics programmers, and those who maintain equipment.

The central answer to the mismatch between jobs and employment is a 21st century apprenticeship program. In Austria, Germany, and Switzerland—countries with long histories of guilds and craftwork—55 to 70 percent of all young people enter apprenticeships.2 The United States’ academic-only strategy is ill-suited for a diverse population and for the multiple needs of the 21st century labor market. A robust apprenticeship system would ensure that the impending manufacturing expansion succeeds.

Most importantly, an expanded apprenticeship program could meet the needs of a competitive global economy at a time of budget austerity.

This panel will also look at the challenges facing Germany:  Although Germany appears to be in a high-training, high-education equilibrium with their apprenticeship programs, the relationship between the supply of apprentice slots and demand from young people is highly sensitive to economic and technological change and to global competitive pressures on firms.  In the last two decades, the pressures of globalization, and the growth of the knowledge economy have threatened the stability of the equilibrium between apprentices, employers and the government.


Peter Fischer, Head of Economic Affairs, Embassy of the Federal Republic of Germany to the U.S.
James Foti, Deputy Administrator, Office of Apprenticeship (ETA), U.S. Department of Labor
Sebastian Patta, Vice President of Human Resources, Volkswagen Group of America Chattanooga Operations


Stanley S. Litow
Vice President of Corporate Citizenship & Corporate Affairs, IBM
President, IBM Foundation

5:00 pm – Event Concludes

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