Content

Issue Brief

Apr 6, 2021

The digital Yuan, digital Euro, and the Diem: Key issues for public debate

By Hung Tran

As momentum grows for the development of CBDCs many policy questions remain unanswered. For insights into how CBDCs may develop, it will be important to watch where the current leaders, the People’s Bank of China (PBOC) and the European Central Bank (ECB), converge and diverge.

China Digital Currencies

Issue Brief

Apr 2, 2021

Decoupling/reshoring versus dual circulation: Competing strategies for security and influences

By Hung Tran

Increasing competition between the US and China, on issues ranging from trade to technology, is leading to a bifurcation of the global economy into two systems. How do the different strategies (decoupling vs dual circulation) pursued by the US and China match up?

China Digital Policy

Issue Brief

Mar 31, 2021

The role of the private sector in catalyzing inclusive economic opportunities in the Northern Triangle

By María Fernanda Bozmoski and Domingo Sadurní

As in every democratic country in the world, the private sector in Central America’s Northern Triangle (Guatemala, Honduras, and El Salvador) has a central role in generating employment, driving economic growth, and spurring innovation. But in a region plagued by one of the highest levels of economic informality, weak government institutions, and pervasive corruption, private enterprises—both decades-old industry behemoths and newer startups—can have a more positive influence in steering the Northern Triangle toward inclusive and sustainable economic development.

Americas Entrepreneurship

Issue Brief

Mar 31, 2021

Putin’s Mediterranean gambit: Endgame unclear

By Mark N. Katz

For more than 250 years, Russian leaders have sought to project power and influence in the Mediterranean region. Sometimes these efforts have met with a significant degree of success. At times, though, Russia has pulled back from the Mediterranean because of setbacks in the region, events in Europe, or convulsions inside Russia. These pullbacks, however, have never been permanent and have always been followed by renewed Russian efforts to gain influence in the region.

Conflict Europe & Eurasia
EU-Turkey

In-Depth Research & Reports

Mar 15, 2021

Europe’s geostrategic sovereignty and Turkey

By Bahadır Kaleağası

A more positive relationship between the European Union and Turkey is a decade-long project of advocates from all over Europe and across the Atlantic. Drawing on history, witnesses see how this relationship can be an excellent win-win algorithm, as much as it can rapidly turn out to be a lose-lose situation or even a triple win-or-lose equation—with political, economic, and social resonance reaching far beyond the Continent.

Climate Change & Climate Action Economy & Business

Issue Brief

Mar 5, 2021

Biden and Ukraine: A strategy for the new administration

By Anders Åslund, Daniel Fried, Melinda Haring, John E. Herbst, William B. Taylor, Alexander Vershbow

The United States has been an essential partner for Ukraine since the Kremlin's invasion in 2014. Now that Joe Biden has taken office, he has a real chance to move past the difficult detour that US-Ukraine relations took under his predecessor.

Conflict Corruption

Issue Brief

Mar 4, 2021

It’s time to get serious about a pressure strategy to contain North Korea

By Andrea R. Mihailescu

A Biden administration North Korea Strategy should continue dialogue with Kim's government, backed by a variety of pressure and enforcement tactics, in order to strive for the goal of arms reduction.

Arms Control Economic Sanctions

Issue Brief

Mar 1, 2021

A primer on the proliferation of offensive cyber capabilities

By Winnona DeSombre, Michele Campobasso, Dr. Luca Allodi, Dr. James Shires, JD Work, Robert Morgus, Patrick Howell O’Neill, and Dr. Trey Herr

Offensive cyber capabilities run the gamut from sophisticated, long-term disruptions of physical infrastructure to malware used to target human rights journalists. As these capabilities continue to proliferate with increasing complexity and to new types of actors, the imperative to slow and counter their spread only strengthens.

Arms Control Conflict

Issue Brief

Feb 25, 2021

Delist or not delist: A $2.2 trillion US-China auditing dispute

By Jeremy Mark

The economic and financial forces set in motion by the COVID-10 pandemic—global recession and ultra-loose monetary policies that have driven a cross-border search for higher yield—have contributed to a slow shift of international capital toward China’s markets. Now, intensified US-China tensions—especially the targeting of Chinese companies for delisting from US stock markets—have the potential to heighten that trend.

China Economy & Business

Issue Brief

Feb 16, 2021

The North Atlantic community renewed: Challenges, trends, and solutions

By Richard D. Hooker, Jr.

With 900 million people and $1 trillion in defense spending, the United States and Europe represent by far the largest, oldest, and most capable economic and security community in the world.

Economy & Business Europe & Eurasia