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Biden must persuade Germany and Austria to stop the Schroederization of Europe

Biden must persuade Germany and Austria to stop the “Schroederization” of Europe UkraineAlert by Anders Åslund and Benjamin L. Schmitt Former German Chancellor Gerhard Schroeder greets Russian President Vladimir Putin during Putin s inauguration ceremony at the Kremlin on May 7, 2018. (Sputnik/Alexei Druzhinin/Kremlin via REUTERS) For decades, German foreign policy toward the Soviet Union, and then the Russian Federation, has been based on the Ostpolitik concept of “Wandel durch Handel” or “Change through Trade.” Reinvigorated in the early 2000s by the then German Chancellor Gerhard Schroeder, this concept states that by increasing trade relations with authoritarian regimes like Putin’s Russia, Western regulatory norms and rule of law would naturally flow upstream, slowly transforming kleptocracies into liberal democratic states.

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