Programs

At the intersection of economics, finance, and foreign policy, the GeoEconomics Center is a translation hub with the goal of helping shape a better global economic future.

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Featured Analysis

Kumar quoted by Banking Risk & Regulation on China’s CBDC pilot

Issue Brief Apr 28, 2025

Modernizing the tools of economic statecraft to meet the challenges of today

By Lesley Chavkin, Eitan Danon, Kimberly Donovan, Andrew Gallucci, and Caroline Hill

As the current administration revisits the functions and mechanics of government, near-term steps can be taken, under existing statutory authorities, to modernize how the United States uses its economic strength to combat national security threats and promote American interests.
Economy & Business Financial Regulation
Kumar quoted by Banking Risk & Regulation on China’s CBDC pilot

Fast Thinking Apr 22, 2025

Is the global economy headed for a reset, recession, or both?

By Atlantic Council

The International Monetary Fund has just released its latest World Economic Outlook. Atlantic Council experts dig into the details.
Economy & Business International Financial Institutions
Kumar quoted by Banking Risk & Regulation on China’s CBDC pilot

Fast Thinking Apr 10, 2025

What to expect as Trump’s trade war zeroes in on China

By Atlantic Council

On April 9, US President Donald Trump announced that he would suspend many of his “liberation day” import tariffs—but he raised the tariff on China to 145 percent.
China Economy & Business
Kumar quoted by Banking Risk & Regulation on China’s CBDC pilot

New Atlanticist Apr 7, 2025

The IMF is a good deal for the US. Here’s how Trump can help make it even more effective.

By Elizabeth Shortino

The institution provides the United States a significant source of economic leverage, helps prevent financial crises, and serves as a counterweight to China’s influence.
Economy & Business International Financial Institutions
Kumar quoted by Banking Risk & Regulation on China’s CBDC pilot

New Atlanticist Mar 31, 2025

Dispatch from Hong Kong: How the ‘geoeconomic city’ is weathering global headwinds

By Josh Lipsky, Ananya Kumar

From Chinese and US economic growth to stablecoin regulations, a recent visit to Hong Kong offered important insights for two Atlantic Council GeoEconomics Center experts.
China Digital Currencies
Kumar quoted by Banking Risk & Regulation on China’s CBDC pilot

EconoGraphics Apr 17, 2025

Russia Sanctions Database: November 2024

By Kimberly Donovan, Maia Nikoladze

The Atlantic Council’s Russia Sanctions Database tracks the restrictive economic measures Western allies have placed on Russia and evaluates whether these measures are successful in achieving the stated objectives.
China East Asia

In-Depth Research

In the News Nov 15, 2024

Avoiding Entanglement: G20 Responses in a Taiwan Crisis report cited by the Wall Street Journal on how China would respond to trade restrictions from the West

Read the full article here
Brazil China
Kumar quoted by Banking Risk & Regulation on China’s CBDC pilot

Report Oct 22, 2024

The economic and social costs of the war in Gaza

By Perrihan Al-Riffai

After a year of war, Israel, the Palestinian territories, and neighboring countries need a permanent ceasefire. But with development gains erased, billions of dollars in infrastructure damaged, and skyrocketing unemployment, the Middle East also urgently needs a solid reconstruction plan.
Conflict Israel
Kumar quoted by Banking Risk & Regulation on China’s CBDC pilot

Report Oct 9, 2024

End of the line: The cost of faltering reforms

By Atlantic Council GeoEconomics Center and Rhodium Group

The China Pathfinder project examines whether China’s economy is converging or diverging with the world’s leading open market economies.
China Digital Policy
Kumar quoted by Banking Risk & Regulation on China’s CBDC pilot

Issue Brief Sep 20, 2024

Toward a financial inclusion agenda for the global majority

By Nicole Goldin

Policymakers, investors, and innovators must advance a new financial inclusion agenda designed for the global majority.
Economy & Business Fiscal and Structural Reform
Kumar quoted by Banking Risk & Regulation on China’s CBDC pilot

Report Sep 9, 2024

Sharing the post carbon economy means building a resilient EV supply chain

By Sarah Bauerle Danzman

In this report Sarah Bauerle Danzman advances the policy discussion by compiling trade, investment, and EV industrial policy data across the G20, and offers six recommendations to the G20 to build a resilient EV supply chain.
Brazil China
Kumar quoted by Banking Risk & Regulation on China’s CBDC pilot

Report Jun 7, 2024

Reconstructing Ukraine at war: The journey to prosperity starts now

By John E. Herbst, Olga Khakova, Charles Lichfield

Rebuilding the Ukrainian economy after Russia’s full-scale invasion will be a monumental task. Reconstruction can’t wait for peace and must be a well-coordinated, inclusive process.
Economy & Business Energy & Environment

Read the latest from the GeoEconomics Center

Econographics

May 23, 2025

Can the EU leverage economic pressure to broker a Gaza cease-fire?

By Lize de Kruijf

As diplomatic efforts falter, attention is turning to economic statecraft—the strategic use of trade and economic leverage to influence state behavior. The European Union (EU) and United States are Israel’s largest and second-largest trading partners, and any economic pressure they apply could have severe consequences for Israel’s economy.

Conflict Economy & Business

New Atlanticist

May 22, 2025

Gold’s geopolitical comeback: How physical and digital gold can be used to evade US sanctions

By Kimberly Donovan, Maia Nikoladze

The rise of gold-backed currencies that circumvent the US banking system could create a massive blind spot for US sanctions enforcement efforts.

Economic Sanctions Economy & Business

New Atlanticist

May 21, 2025

Europe is striking back at Russia’s shadow fleet. Here’s what to know about the latest EU and UK sanctions.

By Atlantic Council experts

This week, Brussels and London unveiled new sanctions against Russia and the fleet of oil tankers and other vessels covertly trading in Russian oil. Atlantic Council experts assess the moves.

Conflict Economic Sanctions
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Content

In the News

Oct 17, 2023

Kumar quoted by Banking Risk & Regulation on China’s CBDC pilot

Read the full article here.

China Digital Currencies

In the News

Oct 17, 2023

Our CBDC tracker was cited by SMU City Perspectives on the future of digital money.

Read the full article here.

Economic Sanctions Extremism

MENASource

Oct 16, 2023

Is Captagon going to halt the Arab normalization deal with Syria? An expert weighs-in

By Holly Dagres

New Lines Institute’s Caroline Rose was interviewed by our MENASource editor about the captagon crisis plaguing the region and what can be done to curb the illicit trade of the popular drug.

Economy & Business Middle East

New Atlanticist

Oct 16, 2023

What to look for as Putin and Xi meet at the Belt and Road Forum

By Atlantic Council experts

The two leaders are expected to meet during the October 17-18 forum, which marks ten years since China’s landmark initiative launched.

China Economy & Business

In the News

Oct 16, 2023

Cartin quoted in Politico on Huawei use in Germany

On October 15, IPSI nonresident senior fellow Josh Cartin was quoted in a Politico article on continued attempts by the United States to convince Germany to curb its use of Huawei technology. Cartin explained that “having a Chinese company that is strongly susceptible to the [Communist Party of China] leading the globe in a foundational […]

China Cybersecurity

New Atlanticist

Oct 16, 2023

Four questions (and expert answers) about new Ecuadorian President Daniel Noboa

By Atlantic Council experts

On October 15, Noboa was elected Ecuador’s next president, beating out Luisa González, a protégé of former President Rafael Correa.

Economy & Business Elections

In the News

Oct 16, 2023

Elnagdy in The National Interest: Is South America A New Persian Gulf?

By Atlantic Council

Climate Change & Climate Action Economy & Business

In the News

Oct 16, 2023

Lipsky quoted by Reuters on the challenge of dealing with geopolitical shocks in global economics

Read the full article here.

Conflict International Financial Institutions

In the News

Oct 16, 2023

Indian Finance Minister Nirmala Sitharaman cited by the Financial Times on an increase to IMF funding

Read the full article here.

China European Union

Report

Oct 16, 2023

How to strike a grand bargain on EU nuclear energy policy

By Ben Judah, Rachel Rizzo, Théophile Pouget-Abadie, Jonah Allen, Francis Shin

The EU currently faces an internal dispute over nuclear energy. To resolve this, the EU must commit to allowing each member to pursue its own energy mix, recognize nuclear energy as a crucial part of Europe’s existing energy mix, and adopting a technology-neutral approach to the implementation of the GDIP and NZIA.

Energy Markets & Governance European Union
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Experts

Fellow

Diane Francis

Nonresident Senior Fellow

Eurasia Center

Ukraine International Markets

Fellow

Daniel Fried

Weiser Family Distinguished Fellow

Economic Statecraft Initiative Eurasia Center

Eastern Europe Democratic Transitions

Fellow

Annie Froehlich

Nonresident Senior Fellow

Economic Statecraft Initiative GeoEconomics Center

Economic Sanctions Economy & Business

Fellow

Aleksandra Gadzala Tirziu

Nonresident Senior Fellow

Africa Center GeoStrategy Initiative

Economy & Business Technology & Innovation

Fellow

Jérémie Gallon

Nonresident Senior Fellow

Europe Center

Economy & Business English

Millennium fellow

Rodrigo Garcia

Deputy Treasurer, Chief Investment Officer & Chief Financial Officer, Illinois State Treasury

Millennium Leadership Program

Economy & Business Financial Regulation
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Events

Public Event Tue, May 27, 2025 • 9:00 am ET

The Rt Hon Lord Mandelson on Britain in an enduring transatlantic relationship
Economy & Business Europe & Eurasia Politics & Diplomacy Security & Defense
Public Event Tue, June 3, 2025 • 1:00 pm ET

A conversation with Rep. French Hill on stablecoins and the future of money
Digital Currencies Financial Regulation
Flagship Event Tue, September 30, 2025 • 9:00 am ET

2025 Transatlantic Forum on GeoEconomics

The Transatlantic Forum on GeoEconomics is an annual conference convening economic and financial leaders from both sides of the Atlantic.
Digital Policy Economy & Business Europe & Eurasia European Union