In this YaleGlobal piece, Amity Shlaes and Gaurav Tiwari examine entrepreneurship and oil wealth in various countries and how these factors relate to a country’s policy towards the U.S. They find that there is indeed a significant positive relationship between the pro-US votes and the level of enterprise in a country, and that countries with oil tend to be less entrepreneurial as well as less friendly to the US. It seems clear that the US would benefit not only from helping countries strengthen education, the rule of law and free trade, but also from supporting the entrepreneurial culture of any country where the US has an interest.
Politicians are supposed to be the masters of persuasion, flattery and spin; technocrats just the opposite. In a review of The Age of Turbulence, Alan Greenspan’s new book, Sebastian Mallaby claims that Greenspan succeeded as much through charm as through his skills as an economist.
Outside of a humanitarian crisis—such as a famine or a natural disaster—it is hard to make the case that any country deserves another's economic support. To paraphrase Britain's Lord Palmerston, countries do not have permanent friends, only permanent interests.
American policymakers have long been concerned about the eroding U.S. advantage in educating science, technology, engineering, and math (STEM) students. With much of the assembly work for lucrative high-technology products having moved to Asia, future U.S. prosperity depends increasingly on innovating new products and techniques—innovation that requires training (or importing) a new generation of scientists and engineers.
Asked by Lauren Harrison, from Harvard Kennedy School Author: John Campbell
The exploitation of Congo's vast resources by competing elites and militaries for personal enrichment promotes insecurity and stymies development. Only very strong Western and African public outcry and a change in China's nonintervention approach might open the possibilities for change.
Lori Wallach, director of Public Citizen's Global Trade Watch, discusses investment treaties, their implications for policies to promote financial stability and sustainable use of natural resources, and the flaws of the arbitration system used by investors and nations to settle conflicts, with a focus on the global south.
Mark P. Lagon, CFR's adjunct senior fellow for human rights, leads a conversation on the role of business in international relations and upholding human rights obligations, as part of CFR's Academic Conference Call Series.
Chevron Chairman and CEO John Watson shares his views on how U.S.-based multinational corporations can help expand American influence abroad and be a positive force for progress. Watson also discusses recent global energy trends, including the rise in production of shale gas and other unconventional energy sources, that are being driven by advances in energy technology.
Ray Dalio, founder and co-chief investment officer of Bridgewater Associates, L.P., discusses global economics.
This meeting is part of the Corporate Program's CEO Speaker Series, which provides a forum for leading global CEOs to share their priorities and insights before a high-level audience of CFR members. The series aims to educate the CFR membership on the private sector's important role in the policy debate by engaging the global business community's top leadership.
The Council on Foreign Relations' David Rockefeller Studies Program—CFR's "think tank"—is home to more than seventy full-time, adjunct, and visiting scholars and practitioners (called "fellows"). Their expertise covers the world's major regions as well as the critical issues shaping today's global agenda. Download the printable CFR Experts Guide.