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Council on Foreign Relations This Month in Geoeconomics
From the Maurice R. Greenberg Center for Geoeconomic Studies

November 2012

Underinvesting in Resilience

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Patrick Cashin / Courtesy Reuters


The devastating effects of Hurricane Sandy on the East Coast highlight the need for greater investment in critical infrastructure, says CFR Distinguished Visiting Fellow A. Michael Spence. Although commonly deferred when its consequences are uncertain or delayed, this investment creates resilience in countries so that they can remain hubs of global economic activity even after disaster strikes. Read the Column »


Debt Dynamics

Spain Is in Need of Urgent Repair

In a Financial Times op-ed, CFR Senior Fellow Sebastian Mallaby argues that Spain is unlikely to get control of its debt dynamics without more aggressive action from European leaders. Read the Column »

Greece Hurtles Toward Its Fiscal Cliff

In the latest Geo-Graphics post, CFR Senior Fellow Benn Steil and CFR Analyst Dinah Walker show that Greece's version of the fiscal cliff is a product of faulty debt restructuring in March. Read the Blog Post »

White House Should Be Ready for a Debt-Limit Deal

CFR Adjunct Senior Fellow Peter Orszag, in his column, lays out the options available to the Obama administration in negotiating a deal with Congress that would address long-term deficits through tax and entitlement reforms. Read the Column »

Labor Pains

Why Don’t U.S. Exports Create More Jobs?

Although President Obama is on track to accomplish his goal of doubling the value of U.S. exports by 2014, CFR Senior Fellow Edward Alden looks at trends in U.S. manufacturing since 1993 to question whether export growth can be an engine of job creation. Read the Blog Post »

Green Jobs Cost Taxpayers Big Bucks

In a Forbes op-ed coauthored with CFR Analyst Dinah Walker and CFR Research Associate Romil Chouhan, CFR Senior Fellow Benn Steil says President Obama's touting of renewable energy as a job creator is misguided. Read the Op-Ed »

Sourcing Energy

Critics of Gas Should Be Realistic

CFR Senior Fellow Michael A. Levi, in a Financial Times op-ed, admonishes those who believe natural gas can be a silver bullet to stop long-term climate change, but he urges skeptics of natural gas not to lose sight of the significant, immediate reductions in greenhouse gas emissions that a shift to natural gas could bring. Read the Op-Ed »

The Biggest Energy Problem That Rarely Makes Headlines

While the developed world talks about moving from dirty energy sources to cleaner, sustainable ones, CFR Energy and National Security Fellow Blake Clayton says, in an article on, that the bigger concern for nearly half the world's people is whether they can even get access to energy at all. Read the Column »

New Blog: Macro and Markets

CFR Senior Fellow Robert Kahn brings his expertise in public policy and financial markets to his new blog, Macro and Markets. The blog will examine the forces influencing the global economy, macroeconomic policies, and financial markets. Visit the Blog and Subscribe »



About CGS

The Maurice R. Greenberg Center for Geoeconomic Studies (CGS)
works to promote a better understanding among policymakers, scholars, journalists, and the public about how economic and political forces interact to influence world affairs.

Michael A. Levi
Director of the Maurice R. Greenberg Center for Geoeconomic Studies
Edward Alden
Bernard L. Schwartz Senior Fellow
Thomas J. Bollyky
Senior Fellow for Global Health, Economics, and Development
Blake Clayton
Adjunct Fellow for Energy
Heidi Crebo-Rediker
Senior Fellow
James P. Dougherty
Adjunct Senior Fellow for Business and Foreign Policy
Jennifer Harris
Senior Fellow
Miles Kahler
Senior Fellow for Global Governance
Robert Kahn
Steven A. Tananbaum Senior Fellow for International Economics
Sebastian Mallaby
Paul A. Volcker Senior Fellow for International Economics
Meghan L. O’Sullivan
Adjunct Senior Fellow
Peter R. Orszag
Adjunct Senior Fellow
Varun Sivaram
Matthew J. Slaughter
Adjunct Senior Fellow for Business and Globalization
A. Michael Spence
Distinguished Visiting Fellow
Benn Steil
Senior Fellow and Director of International Economics


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