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In the News

Sep 19, 2018

Charai in Newsmax: The International Criminal Court Is a Failed Experiment

By Atlantic Council

International Organizations

EconoGraphics

Sep 17, 2018

Turkish Outbreak: Risk of Emerging Market Contagion?

By Christina Gay and Ole Moehr

With the strengthening of the US dollar in the wake of continued interest rate increases by the US Federal Reserve and brewing pressures in a number of emerging market (EM), portfolio flows into EM countries slowed from $13.7 billion in July to just $2.2 billion in August. Companies and banks in both Argentina and Turkey borrowed heavily in dollar denominated debt while interest rates were low and are now faced with mounting debt burdens, which, if not backed by sufficient reserves puts them at risk for default if investors lose confidence. The Turkish lira has fallen over 40 percent in 2018. Its sharp decline in August raised concern of contagion to other markets, as the Indonesian rupiah, the South African rand, and the Indian rupee have also come under pressure. This edition of the Econographic compares situation in Turkey with the Asian financial crisis in 1997, analyzes root causes of the current pressures in Turkey, and assesses the broader implications for EM economies.

Economy & Business
European Union

New Atlanticist

Sep 14, 2018

Three Seas leaders must overcome external influence and internal disunity to achieve prosperity

By Zsofia Bajnai

The many external and internal obstacles facing the Three Seas Initiative must be confronted at upcoming Bucharest Summit, if the project is to develop into a serious economic program.

Central Europe
Eastern Europe

Report

Sep 14, 2018

A strategy for Moldova

By Anders Åslund and Timothy Fairbank

The Republic of Moldova, a sliver of land bordering the European Union (EU) and NATO’s eastern edge, finds itself at a critical crossroads twenty-seven years after gaining independence from the Soviet Union.

Corruption
Defense Policy

New Atlanticist

Sep 14, 2018

Prosperity across Three Seas: An opportunity awaits in Bucharest

By Ian Brzezinski

The development of Central Europe’s cross-border infrastructure is not only essential to the region’s economic development, but also to its integration into Europe as a whole.

Central Europe
Eastern Europe
tileJuncker sept 14

Trade in Action

Sep 14, 2018

TRADE IN ACTION September 14, 2018

By Global Business & Economics Program

Economy & Business
Europe & Eurasia

In the News

Sep 7, 2018

Bryza Quoted in TRT World on US Influence Over EU

By Matthew Bryza

Read the full article here.

European Union
International Organizations

New Atlanticist

Sep 6, 2018

Five opportunities for Latin America

By Maria Fernanda Perez Arguello

The disruption of global trade flows by the dueling trends of liberalization and protectionism may provide an opportunity for some Latin American governments to pursue politically difficult modernization agendas.

International Organizations
Latin America

New Atlanticist

Sep 4, 2018

Europe cannot save the Iran deal, but it must try

By Cornelius Adebahr

Europe, in short, does not have the political power to defend the Iran deal with Washington gone rogue on its commitment. It cannot keep up economic ties against US pressure, much as policymakers in Iran demand precisely that.

European Union
International Organizations

New Atlanticist

Aug 29, 2018

Galileo, Galileo: London is Losing the Fight Over a Satellite Navigation System All Over Again

By David Wemer

Campaigners in favor of Brexit made a famous claim in 2016 that leaving the European Union (EU) would allow the United Kingdom to pour its £350-million-a-week contribution to Brussels back into the nation’s National Health Service. Now the “remainers” have their own numbers to throw around: £3 billion may be necessary to keep the United […]

European Union
International Organizations

Experts