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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NATOSource

Jan 14, 2011

Is Germany Out Growing the Franco-German Partnership?

By Steven Erlanger, the New York Times

From Steven Erlanger, the New York Times:  While the agonies of the European Union — sovereign defaults, deficits and bubbles — unfold like a great wonk drama, at their core is something more intimate: the fractured tale of Angela Merkel and Nicolas Sarkozy.

Economy & Business European Union

NATOSource

Jan 11, 2011

Chinese Amb: “Cold Europe is feeling the warmth of the Chinese breeze”

By Anthony Faiola, the Washington Post

From Anthony Faiola, the Washington Post:  [S]peculation among traders that cash-rich China might step in and buy hard-hit European bonds, along with Chinese officials suggesting that Beijing would keep supporting the euro, helped the currency claw out a gain Monday

Economy & Business European Union

New Atlanticist

Dec 6, 2010

American Exceptionalism Lives on as Dollar Preserves its Hold on World Money

By Darrell Delamaide

As the euro drama unfolds across the Atlantic, no one in Washington is holding their breath over the next choice piece of advice German Finance Minister Wolfgang Schäuble will impart about how best to manage a currency. On the other hand, there’s little indication of outright Schadenfreude, because the dismal goings-on in Europe don’t bode […]

Economy & Business

New Atlanticist

Nov 9, 2010

Guess Hu’s in Europe?

By Jeffrey Lightfoot

Chinese President Hu Jintao opted not to sit idly in Beijing and watch President Obama circle the Middle Kingdom in his ‘post-shellacking’ tour of Asia. Hu showed that two could enhance the influence of their countries far from home. While both leaders are strengthening long-term ties through their visits, the victor of the flurry of […]

Economy & Business

New Atlanticist

Oct 27, 2010

Why Great Institutions Fail

By Harlan Ullman

Why have a surprisingly large number of great institutions, supposedly impervious to failure, from super banks and mammoth insurance companies to giant automakers recently failed?  Are these spectacular failures cyclical and thus inevitable whether due to God or man?   Or are there more universal explanations? Do governments, irrespective of political basis or party affiliation, […]

Economy & Business

NATOSource

Oct 15, 2010

China steps up role in Europe

By Antoaneta Becker, the Asia Times

From Antoaneta Becker, the Asia Times:  China’s increasing financial involvement in debt-ridden European nations has divided observers, inviting comparisons on one side to a Chinese Marshall Plan for Europe, and to a Chinese communist takeover of the continent on the other.

Economy & Business

NATOSource

Oct 8, 2010

While Europe Scrimps, European Union Spends

By Stephen Castle, the New York Times

From Stephen Castle, the New York Times:  In Brussels, meanwhile, the bureaucracy that runs the European Union is haggling over how much to increase next year’s budget. In 2011, the European Union will pour billions more euros into the Continent’s regions for infrastructure and other projects. Spending on justice and security is set to rise […]

Economy & Business European Union

Report

Oct 6, 2010

The Danger of Divergence: Transatlantic Cooperation on Financial Reform

This report focuses on defining the major issues in financial regulation that demand transatlantic cooperation, and putting them in their global context.  It analyzes the effects of proposed rules on the US and European economies, including the impact on the real economy and especially the business sector, and outlines concrete recommendations for policymakers. The Atlantic […]

Economy & Business European Union

Event Recap

Sep 17, 2010

Second Annual Members’ Conference – Atlantic Divide: The Danger of Financial Divergence

Summary of the breakout conversation “Atlantic Divide: The Danger of Financial Divergence” at the 2010 Annual Members’ Conference. Participants: Paula Dobriansky, Former Under Secretary of State for Global Affairs Douglas Elliott, Fellow, Economic Studies, Initiative on Business and Public Policy, The Brookings Institution Brian C.McK. Henderson, Senior Advisor, Espirito Santo Financial Group, SA Frank Kelly, […]

Economy & Business

New Atlanticist

Aug 17, 2010

German Economy Surges by Defying Stimulus Strategy: View from Europe

By Scott Bleiweis

Many of the world’s largest economies, the U.S. included, have trumpeted the necessity of increasing spending to jumpstart growth. Meanwhile Europe’s largest economy, Germany, defiantly stuck to its plan of spending cuts, limited unemployment benefits, and a focus on exports. Though widely questioned for its economically conservative policies, Germany is now having the last laugh: […]

Economy & Business

Experts

Events