GeoEconomics Center

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.

Content

Issue Brief

Sep 8, 2020

“One world, two systems” takes shape during the pandemic

By Hung Tran

The COVID-19 pandemic has exacerbated fragmentation of the postwar world order. Its most poignant manifestation is in an intensifying competition between the United States and China for political and strategic influence. In essence, the post-Cold War globalized economic order has gradually morphed into a “one world, two systems” configuration, edging toward a new Cold War.

China
Digital Policy

New Atlanticist

Sep 8, 2020

Credit rating agencies could resolve African debt impasse

By Vasuki Shastry and Jeremy Mark

Credit rating agencies should offer a nuanced understanding of the unique needs of African nations. The G20 and global regulators have the power to persuade international investors that a little forbearance could save lives and livelihoods

Africa
Financial Regulation

New Atlanticist

Sep 3, 2020

The ‘Holding Foreign Companies Accountable Act’ may harm US tech leadership

By Tianjiu Zuo

There is certainly a case to be made for increased financial transparency from Chinese companies for the safety of US investors. But this may come at greater cost to US interests, with the United States becoming more discriminatory towards business, less competitive in emerging markets, and more susceptible to harmful economic retaliation.

China
Financial Regulation

New Atlanticist

Aug 28, 2020

Experts react: The road ahead for Japan after Abe resigns

By Atlantic Council

"New Japanese leadership, combined with the outcome of the US presidential election, could be a game changer for geopolitics in Northeast Asia," Miyeon Oh says.

International Markets
Japan

Digital currencies

Aug 25, 2020

Advanced economies under pressure in the central bank digital currency race

By Barbara C. Matthews, Hung Tran

Advanced economy central banks are also actively engaged in CBDC research and development efforts. But as guardians of global reserve currencies, their approaches will necessarily be more deliberate and cautious than Beijing’s aggressiveness.

Digital Currencies
Digital Policy

New Atlanticist

Aug 24, 2020

China’s Digital Currency Electronic Payment Project reveals the good and the bad of central bank digital currencies

By Hung Tran, Barbara C. Matthews

The development of the DCEP has revealed the significant advantages and potential drawbacks for both China’s digital currency project and the potential for widespread central bank digital currencies around the world.

China
Digital Currencies

New Atlanticist

Aug 21, 2020

Unconventional monetary policy is not a free lunch in Europe or the United States

By Andrzej Rzońca and Grzegorz Parosa

The European Central Bank and the US Federal Reserve responded to the economic effects of the COVID-19 pandemic with a similar prescription to the one they used during the Global Financial Crisis (GFC), but this time they multiplied the dose.

Coronavirus
European Union

New Atlanticist

Aug 20, 2020

Rebounding Asian exports could signal problems for China’s supply chains

By Jeremy Mark

While China is currently providing its neighbors with critical economic lifelines, many in the Asia-Pacific are still looking for alternatives. China’s continued economic power means that any decoupling will carry a cost, as Taiwan is beginning to experience in the Huawei dispute.

China
International Markets

New Atlanticist

Aug 14, 2020

Amid Hong Kong sanctions, Washington takes aim at US-listed Chinese companies

By GeoEconomics Center

On August 6, the Treasury Department’s Working Group on Capital Markets defined operational standards that Chinese firms must uphold to remain listed in New York. It is a reasonable and necessary measure to correct an abnormality—aiming to level the playing field in terms of compliance and to enhance investor protection.

China
Economy & Business

New Atlanticist

Aug 11, 2020

Trump’s tariffs on Canada are about more than aluminum

By Marc L. Busch

Just five weeks after the United States-Mexico-Canada agreement (USMCA) went into force, the United States slapped a 10 percent national security tariff on aluminum from Canada, its closest ally. The dispute between the two countries has now dominated the trade relationship, but it has nothing to do with aluminum per se.

International Markets
Trade and tariffs

Experts

Events