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The collapse of communism in 1990 was called by some the end of history. Market liberalism and democracy became the undisputed champions of political economic-thought. The 2008 financial and economic crisis in the United States and the 2010 Euro crisis have paved the way for a return of super-Keynesian economics with the United States and Europe resorting to stabilization policies of unprecedented magnitudes. For many decades, East Asian economies have gone their own way with a combination of market liberalism and guided capitalism. Today, Europe, North America, and East Asia disagree more than ever on what should constitutes sound economic policy.

It is with this in mind, the Konrad-Adenauer-Stiftung in Washington DC has collaborated with the Kennesaw State University in Georgia (USA) to facilitate a better understanding of how Europe, the United States, and East Asia pursue domestic and global economic growth. Furthermore the workshop aims to encourage a healthy transatlantic and transpacific economic relationships remain crucial for all sides of the Atlantic and Pacific, as wells as other developing areas of the world.