13 September 2018
AKA Investors' Meeting 2018
In addition to supporting its partner banks with efficient solutions, AKA also acts as a dialogue platform for trade and export finance stakeholders in Germany and Europe.
The wording global trade war is dominating the headlines for months now. Is US president Trump really shaking the liberal order to the core? What are this global conflict’s consequences for worldwide economy, currency system and political relations? We are highlighting these turbulent times as the main topic for our AKA Investors’ Meeting:
“Bridge over troubled water”
Economy, currencies, financial markets and the geopolitical conflict
Check out the AKA half-year figures and business outlook with us and look forward to our panel of experts discussing the burning issue. Like last year, we could win a dedicated expert for our keynote again. Shortly, you will find here more information.
"We are in the middle of a revolutionary transformation of Economy, State and Politics. The regulations and institutions ensuring law and order over the last seven decades are under heavy pressure. Conventional management structures will be replaced by network behavior. Those countries will gain power who take advantage of the scope within global supply chains best. The humbling truth of the data champions will make many great visions collaps like a house of cards and destroy several traditional economies. This development cannot be stopped."
"Free trade and the associated globalization are the backbone of stable economic development. The trade restrictions now initiated by the USA will cost growth and prosperity if they are applied permanently. Export-oriented economies such as Germany may be disproportionately affected. The unfavorable social consequences of such a development are likely to be noticeably more pronounced than the social problems that globalization has brought with it."
"The Trump administration continues to push for a trade war. Instead of offering support to companies affected by punitive tariffs, President Trump had threatened US companies planning to relocate their production abroad in the course of the trade dispute with further punitive measures. Against this background, far greater distortions and redistributions are threatening the US economy, which of course also entail adjustment costs. The implications of the trade war for the US dollar thus remain difficult to assess. After all, weaker growth would argue for a more cautious approach by the US Federal Reserve and thus a weaker dollar, while the inflationary effect of import tariffs should lead to higher interest rates and a stronger US currency."