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Magnified US dollar bill

Atlantic Council Strategy Paper Series

May 20, 2025

Why the US cannot afford to lose dollar dominance

By Martin Mühleisen, Valbona Zeneli

Since World War II, US geopolitical influence has been compounded by the role of the dollar as the world’s dominant currency. As global economic power becomes more diffuse and strategic competitors “dedollarize,” policymakers must determine how to maintain the dollar’s role at the center of global trade and financial networks.

Economy & Business Fiscal and Structural Reform

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The Scowcroft Center for Strategy and Security works to develop sustainable, nonpartisan strategies to address the most important security challenges facing the United States and the world.

Content

Atlantic Council Strategy Paper Series

Oct 30, 2019

Global risks 2035 update: Decline or new renaissance?

By Mathew Burrows

Our conclusion in 2016’s Global Risks 2035 was that state-on-state conflict posed a bigger threat than terrorism. In the two years since, the post-Cold War order has continued to unravel without a “new normal” emerging.

China NATO

Atlantic Council Strategy Paper Series

Dec 11, 2017

Whither America

By John Raidt

The United States faces threats from outside its borders, but also from within. The political system that once created a strong, prosperous, and united nation now sows division. This report, written by John Raidt, unpacks how the fuel—money—drives the cartel’s machinations as it interacts with and exploits amplifying forces—legal, structural, media, technological, and social.

Political Reform Politics & Diplomacy

Atlantic Council Strategy Paper Series

Oct 19, 2017

A strategy for the Trans-Pacific century

By Matthew Kroenig and Miyeon Oh

According to some projections, the majority of all global economic activity could take place within Asia by 2050. Military might often follows economic power, and Asian countries are already spending more than European states on defense. Both of these developments reflect a broader shift in global power from West to East.

Europe & Eurasia Indo-Pacific

Atlantic Council Strategy Paper Series

Oct 4, 2017

US strategy toward China’s belt and road initiative

By Gal Luft

The balance in Eurasia is shifting. China’s President Xi Jinping has ambitious visions for Asia, while the rest of the world reshuffles to find its place in the rapidly changing global order. The United States would be better off engaging with the BRI and trying to influence its design and mechanics from within, rather than staying on the sidelines and witnessing its allies gravitating toward China.

Africa China

Atlantic Council Strategy Paper Series

Mar 29, 2017

Europe in 2022: alternative futures

By Mathew Burrows and Frances Burwell

Sixty years after the signing of the Treaty of Rome, Europe faces its greatest challenges, and possibly its sharpest turning point, since World War II. In this report, Europe in 2022: Alternative Futures, Frances Burwell’s transatlantic expertise joins Mathew Burrows’ deft trends analysis to offer a sobering look at the possible future for Europe with the hope of reigniting the bond between Americans and Europeans so that we may build a better future together.

Central Europe Eastern Europe

Atlantic Council Strategy Paper Series

Mar 6, 2017

Beyond the headlines: a strategy for US engagement with Latin America in the Trump era

By Peter Schechter and Jason Marczak with Rachel DeLevie-Orey

As the new administration considers ways to ensure US national security and economic growth, a newly engaged Latin America presents a wealth of opportunity on myriad fronts: urbanization, human capital, open markets, energy reform, technology, and the fight against corruption.

Economy & Business Latin America

Atlantic Council Strategy Paper Series

Jan 10, 2017

A nonstate strategy for saving cyberspace

By Jason Healey

America’s future, and that of other nations and peoples, will be most secure in the long term with an emphasis on future prosperity unlocked by the Internet. Prosperity for the United States and the global economy is only assured if the United States and like-minded nations, civil society, and other nonstate actors all work toward a goal of making defense easier than attack.

Cybersecurity Technology & Innovation

Atlantic Council Strategy Paper Series

Dec 6, 2016

A measured US strategy for the new Africa

By Dr. J. Peter Pham

Africa’s story is increasingly one of economic dynamism that is driven, in part, by political reform and improvements in governance. But, there are also very real security, humanitarian, and developmental challenges that remain to be confronted. The United States has a stake in helping to tackle these challenges, not least because it is in its own national interest to do so.

Africa East Africa

Atlantic Council Strategy Paper Series

Oct 19, 2016

A new strategy for US-Iran relations in transition

By Ellen Laipson

Framing a sustainable and achievable strategy toward Iran will be a high priority for the next administration. In the sixth Atlantic Council Strategy Paper, A New Strategy for US-Iran Relations in Transition, Ellen Laipson presents a new strategy to reduce prospects for a military confrontation with Iran; improve the regional security environment by working with trusted partners and with Iran; and, eventually, enable Iran and the United States to build cooperation in diverse areas of shared concern.

Iran Politics & Diplomacy

Atlantic Council Strategy Paper Series

Jun 17, 2016

Toward a new national security space strategy: time for a strategic rebalancing

By Theresa Hitchens and Joan Johnson-Freese

There are growing risks and threats to US satellites, civilian and military alike, and challenges to stated US goals in space. The question for the new administration, however, is whether hegemonic means to address those challenges are likely to achieve US goals.

Space Space Security