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

France’s François Villeroy de Galhau on a US recession: ‘Bad news for the US is bad news for all, including for Europe’

Econographics Jun 6, 2025

The search for safe assets

By Hung Tran

The deterioration of the US fiscal outlook has put international investors, especially foreign central banks, in a quandary. There is no good alternative to US Treasuries as safe reserve assets.
Economy & Business Europe & Eurasia
France’s François Villeroy de Galhau on a US recession: ‘Bad news for the US is bad news for all, including for Europe’

Econographics May 29, 2025

After partial relief, what’s next for Syria sanctions?

By Alex Zerden

Syria remains a high-risk jurisdiction due to years of conflict, endemic corruption, state institution collapse, narcotrafficking of captagon, insufficient anti-money laundering efforts, and inadequate financing of terrorism controls.
Economic Sanctions Economy & Business
France’s François Villeroy de Galhau on a US recession: ‘Bad news for the US is bad news for all, including for Europe’

Sinographs Jun 2, 2025

Hong Kong highlights China’s policy of decoupling from US financial markets

By Jeremy Mark

The political benefits of an international financial center with Chinese characteristics will outweigh the pain that decoupling inflicts on China’s private sector.
China Economy & Business
France’s François Villeroy de Galhau on a US recession: ‘Bad news for the US is bad news for all, including for Europe’

New Atlanticist May 27, 2025

What’s the Trump administration’s dollar strategy? It depends on who you ask.

By Alisha Chhangani

Within the White House, there appear to be competing and fractured views of the dollar’s role. This dissonance could result in harm to the currency’s long-term dominance.
Digital Currencies Economy & Business
France’s François Villeroy de Galhau on a US recession: ‘Bad news for the US is bad news for all, including for Europe’

Issue Brief Jun 6, 2025

How Japanese economic statecraft has shifted from promotion to protection

By Charles Lichfield

Japan is in a geopolitically challenging neighborhood and is witnessing the basic tenets of its foreign policy—from alignment with the United States to fostering a rules-based environment—come under unprecedented stress.
East Asia Economic Sanctions
France’s François Villeroy de Galhau on a US recession: ‘Bad news for the US is bad news for all, including for Europe’

New Atlanticist Jun 6, 2025

Even as courts step in, Trump still has plenty of tariff options. US trading partners should intensify negotiations.

By Brian Janovitz

Section 301 may entail more work for the White House, but it could provide a relatively straightforward pathway to broad-based tariffs.
Economy & Business Politics & Diplomacy

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
France’s François Villeroy de Galhau on a US recession: ‘Bad news for the US is bad news for all, including for Europe’

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
France’s François Villeroy de Galhau on a US recession: ‘Bad news for the US is bad news for all, including for Europe’

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
France’s François Villeroy de Galhau on a US recession: ‘Bad news for the US is bad news for all, including for Europe’

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
France’s François Villeroy de Galhau on a US recession: ‘Bad news for the US is bad news for all, including for Europe’

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
France’s François Villeroy de Galhau on a US recession: ‘Bad news for the US is bad news for all, including for Europe’

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

Jul 10, 2025

The stablecoin race

By Hung Tran, Barbara C. Matthews

Each country’s agenda is motivated by questions about the sustainability of the dollar’s dominant global role.

Digital Currencies Economy & Business

New Atlanticist

Jul 8, 2025

April, July, now August: Our expert guide to Trump’s latest tariff moves

By Atlantic Council experts

“Liberation Day” was nearly ninety days ago, and now the deadline for many nations to negotiate a trade deal and avoid US tariffs is extended to next month. Atlantic Council experts explain what’s behind the moving calendar.

Economy & Business Politics & Diplomacy
Stablecoins

Fintech Frontlines

Jul 8, 2025

Stablecoins are trending, but what frictions and risks are getting overlooked?

By Ashley Lannquist

Stablecoin usage is complex for consumers, and large-scale adoption could introduce new challenges for financial stability and regulatory oversight.

Digital Currencies Economy & Business
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Content

Transcript

Apr 24, 2025

France’s François Villeroy de Galhau on a US recession: ‘Bad news for the US is bad news for all, including for Europe’

By Atlantic Council

The governor of the Banque de France, speaking at the Atlantic Council, said that the European Central Bank would likely cut interest rates further this year.

Europe & Eurasia European Union

Inflection Points Today

Apr 24, 2025

In defense of ‘boring’: A European leader’s message to Trump

By Frederick Kempe

EU Commissioner for Economy and Productivity Valdis Dombrovskis spoke at the Atlantic Council in Washington on April 23, making the case for greater predictability.

European Union International Financial Institutions

EnergySource

Apr 23, 2025

Illicit mineral supply chains fuel the DRC’s M23 insurgency 

By Clarkson Kamurai, Brad Handler, and Morgan Bazilian

The illicit trade of mined materials is fueling the M23 insurgency in the eastern Democratic Republic of the Congo (DRC), threatening regional stability and hindering development. As the United States considers a minerals-for-security agreement with the DRC, international engagement, ethical sourcing practices, and strengthened oversight are critical to fostering long-term peace in this resource-rich region.

Africa Democratic Republic of the Congo

In the News

Apr 23, 2025

Event with Bank of France Governor Francois Villeroy de Galhau featured in Bloomberg on the role of the dollar in the international monetary system

Read the full article

Economy & Business France

In the News

Apr 23, 2025

Atlantic Council’s IMF-World Bank week event with French Central Bank Governor Francois Villeroy de Galhau featured in Reuters

Read the full article

Economy & Business France

In the News

Apr 23, 2025

Atlantic Council’s IMF-World Bank week event with EU Commissioner Valdis Dombrovskis featured in Reuters

Read the full article

Economy & Business European Union

UkraineAlert

Apr 22, 2025

US-led peace talks hampered by Trump’s reluctance to pressure Putin

By Olivia Yanchik

US-led efforts to end the Russian invasion of Ukraine are being hampered by Donald Trump's reluctance to put pressure on Vladimir Putin and force the Kremlin leader to accept a compromise peace, writes Olivia Yanchik.

Conflict Economic Sanctions

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

In the News

Apr 22, 2025

Atlantic Council’s IMF-World Bank Week event with Turkish Finance Minister Mehmet Şimşek featured in Reuters

Read the full article

Economy & Business International Financial Institutions

In the News

Apr 21, 2025

Lipsky quoted in BusinessWorld on tariffs dominating talks during IMF-World Bank meetings

Read the full article

Economy & Business International Financial Institutions
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Experts

Staff

Jessie Yin

Assistant Director, GeoEconomics Center

GeoEconomics Center

China Chinese

Fellow

Beth Baltzan

Nonresident Senior Fellow

GeoEconomics Center

Economy & Business Trade and tariffs

Fellow

Marek Magierowski

Nonresident Senior Fellow

Europe Center

Economy & Business Europe & Eurasia

Fellow

Jonathan Corrado

Nonresident Senior Fellow

Indo-Pacific Security Initiative Scowcroft Center for Strategy and Security

Indo-Pacific Korea

Fellow

Lisa C. Sawyer

Nonresident Senior Fellow

Scowcroft Center for Strategy and Security Transatlantic Security Initiative

Defense Policy Economy & Business

Fellow

Rabah Arezki

Distinguished Fellow

Freedom and Prosperity Center

Africa Economy & Business
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Events

Online Event Thu, July 17, 2025 • 9:30 am ET

Book talk: A portrait of ‘the man who would be king’
Economy & Business Energy & Environment Middle East Politics & Diplomacy
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