Forging the Four Freedoms Initiative for prosperity and peace in the Balkans

New Atlanticist Jan 3, 2023

Five trends to watch in 2023 as the global economy tries a dangerous reboot

By Josh Lipsky

With each trend, policymakers can focus on a return to the status quo or build something different, and better, this year.
China Economic Sanctions
Forging the Four Freedoms Initiative for prosperity and peace in the Balkans

Econographics Feb 21, 2023

Offensive friendshoring and deteriorating US-China relations

By Hung Tran

The increasingly offensive use of an offensive US friendshoring policy will make it more challenging to manage US-China strategic competition
China Economy & Business
Forging the Four Freedoms Initiative for prosperity and peace in the Balkans

New Atlanticist Feb 23, 2023

The big questions (and answers) about Ajay Banga’s nomination to lead the World Bank

By Atlantic Council experts

What to know about the former Mastercard chief executive officer’s surprise nomination to lead the World Bank.
Economy & Business Fiscal and Structural Reform

Content

New Atlanticist

Apr 2, 2020

Forging the Four Freedoms Initiative for prosperity and peace in the Balkans

By Marko Čadež

To demonstrate their readiness to fulfill the responsibilities associated with full-fledged membership in the world’s largest common market, the countries of the region launched the Western Balkans Four Freedoms Initiative to bring down barriers to intra-regional trade, travel, and labor movement. While not identical to Roosevelt’s plans, this project seeks to ensure the same outcome of peace and prosperity through liberty, opportunity, and growth.

International Markets Macroeconomics

New Atlanticist

Apr 1, 2020

The coronavirus economic crisis: Supporting the weak links

By Hung Tran

In the present pandemic crisis, major countries have moved more quickly, offering more substantial monetary and fiscal support packages, including better targeted programs than in 2008-09. The challenge now is to quickly deliver the help to the weak entities which need liquidity the most. After all, any system is only as strong as its weakest link.

Coronavirus International Financial Institutions

New Atlanticist

Apr 1, 2020

Europe needs a quick economic coronavirus response: The ESM can provide it

By Bart Oosterveld

A rapid and flexible deployment of the €410 billion lending capacity of the European Stability Mechanism (ESM) is urgently needed to support the policy initiatives launched to combat the coronavirus crisis throughout Europe. The sooner the Eurogroup of finance ministers can return to something akin to this sensible compromise position suggested by its President Mario Centeno last week, the better.

Coronavirus European Union

EconoGraphics

Apr 1, 2020

Coronavirus versus financial crisis: US policy responses compared

By Ole Moehr | Graphics by Nikolai Albishausen

A look at the economic harm done so far and contrasts the measures taken by the Federal Reserve (Fed), Congress, and the G20 in response to coronavirus.

Economy & Business Macroeconomics

New Atlanticist

Mar 31, 2020

Europe’s economic emergency is also a geopolitical one

By Benjamin Haddad and Josh Lipsky

European leaders are deciding the future of European power on the world stage. If Europeans can’t ensure solidarity with each other after so much pain and sacrifice, it will not only be a devastating loss for Europe. It will also be a blow to a world looking for the political shape of a post-coronavirus world.

Coronavirus European Union

New Atlanticist

Mar 30, 2020

What COVID-19 means for the United States’ economic and financial statecraft

By Michael Greenwald

In response to the coronavirus pandemic, monetary authorities at the US Federal Reserve have undertaken unprecedented actions to support liquidity in global markets. These steps have included support for domestic debt markets, including a recent expansion in the corporate bond market, as well as swap lines targeting the global dollar shortage. Beyond these moves, the broader policy response during and after the COVID-19 outbreak may drive longer-term changes in the global trading system.

Coronavirus International Markets

In the News

Mar 27, 2020

Younus in his podcast “Pakistonomy,” episode 11: Economy and Coronavirus

By Atlantic Council

Coronavirus Economy & Business

New Atlanticist

Mar 27, 2020

US coronavirus stimulus package offers some relief, but economic pain will remain

By David A. Wemer

US lawmakers are near final passage of an unprecedented stimulus package to help the US economy weather the storm of the coronavirus crisis, but that does not mean that all of the economic damage can be prevented. Jason Furman said he was “impressed by how much Washington has done, how quickly it has done it, how comprehensively it has done it,” but added that he is “worried that all of that won’t be enough for…an economy that is shutting down in such an unprecedented way.”

Coronavirus International Financial Institutions

New Atlanticist

Mar 26, 2020

Coronavirus crisis sends shockwaves through US labor market

By Bart Oosterveld

The US Department of Labor’s unemployment release on March 26 gave fresh numbers to display the shocking and historic impact of the spread of the coronavirus and the resulting economic collapse in the United States. Initial weekly unemployment claims through March 21 came in at 3.28 million, a historic high surpassing all but the most pessimistic forecasts as well as the experiences in prior sharp downturns such as the oil crisis and global financial crisis.

Economy & Business Macroeconomics

In the News

Mar 25, 2020

Chhibber in Businessworld: Need Bold Economic Life Support To Ride Out The Pandemic

By Atlantic Council

Coronavirus Economy & Business
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Experts

Staff

Jessie Yin

Assistant Director, GeoEconomics Center

GeoEconomics Center

China Chinese

Fellow

Elizabeth Shortino

Nonresident Senior Fellow

GeoEconomics Center

Economy & Business Inclusive Growth

Staff

Bart Piasecki

Assistant Director

GeoEconomics Center

Fiscal and Structural Reform International Financial Institutions

Fellow

Mark Mowrey

Nonresident Senior Fellow

Atlantic Council in Turkey

Economy & Business Europe & Eurasia

Staff

Ignacio Albe

Program Assistant

Adrienne Arsht Latin America Center

Brazil French

Fellow

Perrihan Al-Riffai

Nonresident Senior Fellow

empowerME Rafik Hariri Center & Middle East programs

Arabic Economy & Business
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