Economics

News Release

CFR Expert Blake Clayton Proves Oil-Market Anxiety Is Irrational in New Book

Over the last hundred years, many experts have fallen prey to fears that the world's oil is dwindling and prices are doomed to rise, yet such predictions have repeatedly proven wrong, writes Blake C. Clayton in a new CFR book. Market Madness: A Century of Oil Panics, Crises, and Crashes offers important lessons for Washington and Wall Street about energy policy and financial markets. Buy the book »

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Book

Market Madness

Author: Blake Clayton

CFR adjunct fellow Blake Clayton draws on a century's worth of statistical data to offer a revolutionary new look at volatility and crisis in oil markets. Clayton explores the conditions in which oil supply fears arise, gain popularity, and eventually wane, and demonstrates the significant effects these stories have on financial markets.

See more in Global; Financial Markets; Oil

Op-Ed

The Great Deglobalizing

Author: Joshua Kurlantzick
The Boston Globe

During a seemingly successful trip to Asia in November, Barack Obama announced several breakthroughs. Among them was a promise that the United States and Asian nations would proceed toward the Trans-Pacific Partnership, or TPP, a free-trade deal that, if enacted, would create a free trade area with a total gross domestic product of more than $27 trillion.

See more in Global; Globalization; Financial Crises

Video

Xi Jinping's Economic Reforms and Consolidation of Power

Speakers: Madeleine K. Albright, Jin-Yong Cai, David M. Cote, and Jon Huntsman
Introductory Speaker: Henry M. Paulson
Presider: Elizabeth C. Economy

Madeleine K. Albright, chair of the Albright Stonebridge Group, Jin-Yong Cai, executive vice president and chief executive officer of the International Finance Corporation, David M. Cote, chairman and chief executive officer of Honeywell, and Jon Huntsman, chairman of the Atlantic Council, join CFR’s Elizabeth C. Economy, C.V. Starr Senior Fellow and director for Asia studies, to discuss the political, economic, and security aspects of the U.S.-China relationship and their policy implications.

See more in China; Economics; Defense and Security

Audio

Xi Jinping's Economic Reforms and Consolidation of Power

Speakers: Madeleine K. Albright, Jin-Yong Cai, David M. Cote, and Jon Huntsman
Introductory Speaker: Henry M. Paulson
Presider: Elizabeth C. Economy

Madeleine K. Albright, chair of the Albright Stonebridge Group, Jin-Yong Cai, executive vice president and chief executive officer of the International Finance Corporation, David M. Cote, chairman and chief executive officer of Honeywell, and Jon Huntsman, chairman of the Atlantic Council, join CFR’s Elizabeth C. Economy, C.V. Starr Senior Fellow and director for Asia studies, to discuss the political, economic, and security aspects of the U.S.-China relationship and their policy implications.

See more in China; Economics; Defense and Security

Transcript

Xi Jinping's Economic Reforms and Consolidation of Power

Speakers: Madeleine K. Albright, Jin-Yong Cai, David M. Cote, and Jon Huntsman
Introductory Speaker: Henry M. Paulson
Presider: Elizabeth C. Economy

Madeleine K. Albright, chair of the Albright Stonebridge Group, Jin-Yong Cai, executive vice president and chief executive officer of the International Finance Corporation, David M. Cote, chairman and chief executive officer of Honeywell, and Jon Huntsman, chairman of the Atlantic Council, join CFR’s Elizabeth C. Economy, C.V. Starr senior fellow and director for Asia studies, to discuss the political, economic, and security aspects of the U.S.-China relationship and their policy implications.

See more in China; Defense and Security; Economics