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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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Event Recap

Sep 21, 2011

Roundtable Discussion with Dr. Thomas Mirow, President of the European Bank for Reconstruction and Development

By Adrienne Chuck

On September 21st, the Global Business and Economics Program along with the Rafik Hariri Center for the Middle East hosted a lunch conversation with Dr. Thomas Mirow to discuss ways for the European Bank for Reconstruction and Development (EBRD) to contribute positively to the democratic transformations taking hold across the Middle East and North Africa.

Economy & Business Middle East

NATOSource

Sep 20, 2011

What Comes After ‘Europe’?

By Bret Stephens, the Wall Street Journal

From Bret Stephens, the Wall Street Journal:  The hardest fact on which postwar Europe was founded was military necessity, crisply summed up by Lord Ismay’s famous line that NATO’s mission was "to keep the Russians out, the Americans in, and the Germans down."

Economy & Business European Union

Event Recap

Sep 16, 2011

Third Annual Members’ Conference – Doing Business in a Volatile World: The US and European Debt Crises

By Adrienne Chuck

Summary of the master class “Doing Business in a Volatile World: The US and European Debt Crises” at the 2011 Annual Members’ Conference. Participants Mikael Hagstroem,** Executive Vice President, SAS Philip Lader,** Non-Executive Chairman, WPP; former Ambassador of the United States to the Court of St. James’s Sean O’Keefe,** CEO, EADS North America Maciej Witucki,** […]

Economy & Business European Union

Event Recap

Sep 14, 2011

Germany’s Choice: The Fate of the Euro

By Adrienne Chuck

On September 14, the Council hosted a global conference call with David Marsh, co-chairman of the Official Monetary and Financial Institutions Forum (OMFIF), to discuss the current state of the Euro, options for the European Central Bank, and the fate of the Eurozone.

Economy & Business European Union

Event Recap

Sep 14, 2011

The Future of Banking: Regulation and Reform in the United States

By Adrienne Chuck

On September 14, the Atlantic Council's Global Business and Economics Program held a discussion with former FDIC Chair Sheila Bair on the continuing challenges in the financial industry nearly three years after the start of the global financial crisis. Bair was a key architect of the new US rules governing the banking system—especially those addressing systemically important institutions and protecting taxpayers from future bank bailouts. She shared her views on the proper role and function of the US banking system once the Dodd-Frank financial regulatory reform law is fully implemented.

Economy & Business International Financial Institutions

NATOSource

Sep 9, 2011

Europe’s debt crisis may be biggest threat to Obama’s re-election

By Desmond Lachman, the Wall Street Journal

From Desmond Lachman, the Wall Street Journal:  A European failure to contain its debt crisis would be a monumental electoral setback for Mr. Obama.

Economy & Business United States and Canada

New Atlanticist

Sep 9, 2011

Key Resignation Another Blow to Eurozone Stability

By James Joyner

The markets took another hard hit today following the abrupt resignation of Jürgen Stark, Germany’s member of the European Central Bank’s board. The euro hit six month lows against the dollar, bank stocks tumbled five percent, the Dow was down 3 percent, and the FTSE All-World index fell 3.07 percent amid near certainty that Greece would […]

Economy & Business

New Atlanticist

Sep 8, 2011

G-7 Faces Three-Front Battle Against Contagion

By Julie Chon

Tomorrow, finance ministers and central bankers from seven wealthy countries in the developed world will convene in Marseilles, France for their regular meeting to assess the health of the global economy. After a few global gatherings when the economic outlook appeared more promising in 2009 and 2010, the G7 agenda is back to battling contagion […]

Economy & Business

New Atlanticist

Sep 2, 2011

Tough Talk on Debt Crisis

By Hugh De Santis

Federal Reserve chairman Ben Bernanke and IMF managing director Christine Lagarde have publicly chastised political leaders on both sides of the Atlantic for their failure to develop policies that stimulate economic growth. But given the political divisions in Europe and the US, their blunt talk is not likely to lead to policies that restart the rich […]

Economy & Business European Union

New Atlanticist

Sep 1, 2011

Euro Bonds: Hope for the Euro Zone

By Max Hirsch

Launched January 1, 2001 to create a stronger and more stable European economic union, the euro experiment is failing. To save it, member nations must go beyond a common currency and embrace a common economy by issuing a common interest euro bond. The ongoing crises in the Eurozone demonstrate the problems with having seventeen countries […]

Economy & Business European Union

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