Economy & Business

The US must lead with allies or risk becoming a bystander in a reshaped international financial system. As the global economy struggles to recover from COVID-19 and rising powers like China assert economic influence, this mission is critical to the long-term prosperity of the United States and its allies. Strong collaboration between the public and private sectors can help revitalize open markets for the twenty-first century.

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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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New Atlanticist

Jun 12, 2012

Are the Financial Markets Really Europe’s Savior?

By Frederick Kempe

If the euro is saved, the much-maligned power of global financial markets will deserve much of the credit. The conventional wisdom among many on the intellectual left is that unbridled financial players threaten to destroy the European Union, one of history’s noblest, war-ending projects. The truth, however, is something else. To be sure, speculators lack […]

Economy & Business

New Atlanticist

Jun 10, 2012

Lagarde: Time to Finish the Job

By Garrett Workman

IMF Managing Director Christine Lagarde made an impassioned plea for governments to “finish the job” of putting its financial house in order to staunch the bleeding from the accelerating crisis in Europe. The euro and the European project are now facing an existential crisis. Without clarity and decisive leadership at this historic moment, Europe may […]

Economy & Business European Union

New Atlanticist

Jun 4, 2012

Collateral Damage

By Ben Carliner

The Eurozone’s austerity strategy has reached a dead end. With the Euro can kicked to the curb of depression and debt deflation, voters, politicians and macroeconomists alike are rebelling against austerity and calling for growth. But with investors increasingly unwilling to lend to shaky banks and sovereign borrowers, what are the alternatives? The champions of […]

Economy & Business Europe & Eurasia

New Atlanticist

Jun 4, 2012

Is the Eurozone Really in Danger?

By Sarwar Kashmeri

The euro is in danger. Greece’s exit is imminent. Are Portugal and Spain next? That’s what the media headlines tell us. Brown Brothers Harriman’s Marc Chandler begs to differ. He tells Sarwar Kashmeri, senior fellow at the Atlantic Council, that the glue that holds the eurozone together is stronger than the media reports. (8.5 minutes)

Economy & Business European Union

NATOSource

May 28, 2012

NATO’s biggest security threat is now economic

By Fred Kempe, Reuters

From Fred Kempe, Reuters:  What really connected the G-8 and NATO meetings was a growing realization that the biggest threat to the alliance – and, for that matter, to Obama’s re-election hopes – is the euro zone crisis.

Economy & Business

New Atlanticist

May 24, 2012

Economic Competitiveness and US National Security

By James Jones

As America considers its global strategy in this still young and opportunity-filled century, we have the chance to deploy a potent but under-utilized asset. This is our nation’s vast and highly capable private sector.

Economy & Business

Event Recap

May 8, 2012

Will the ‘Merkozy’ Economic Strategy Survive the French Elections?

By Jason Harmala

On May 8, 2012, the Atlantic Council hosted an on-the-record members’ conference call with Gideon Rachman, chief foreign affairs columnist at the Financial Times, on the repercussions of the French and Greek elections, as voters in both countries delivered a stinging rebuke to political parties which called for continued austerity and fiscal retrenchment.

Economy & Business France

NATOSource

May 7, 2012

Vaclav Klaus: ‘Europe’s nations must break free from the Brussels straitjacket’

By Vaclav Klaus, the Telegraph

From Vaclav Klaus, the Telegraph:  European integration was originally based on a rational idea to liberalise Europe, to open it up and to expand trade by building a common market and a large, interconnected economic space.

Economy & Business European Union

New Atlanticist

Apr 24, 2012

How Much Europe are the Dutch (and Others) Willing to Pay For

By Julian Lindley-French

Here in the Netherlands the government fell ostensibly over the need for further cuts in public spending to meet Eurozone debt limits. However, lurking in the Dutch political shadows is a much more existential question; how much I as a Dutch taxpayer should pay to keep Spain and the other indebted Eurozone countries afloat?

Economy & Business European Union

Event Recap

Apr 20, 2012

Turkey’s Perspectives on the G-20 and Global Finance

By Adrienne Chuck

On April 20, the Atlantic Council held a broad-ranging discussion with Turkish Deputy Prime Minister Ali Babacan on global economic dynamics as the global economic community converges on Washington for the World Bank-International Monetary Fund spring meetings.

Economy & Business

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