The objective of this project was to develop research findings and expert advice that policymakers can use to help prepare for an unexpected financial mishap, and perhaps take steps to mitigate its adverse consequences, both at the domestic and international level. A four-part series of Council events provided the means to examine the links between the financial markets and broader economic, foreign policy, and national security concerns: (1) A roundtable at which the participants, including market practitioners, scholars, and former senior officials review the lessons learned from past stock market disturbances and the policy responses to them and identify the economic and financial vulnerabilities in the current environment; (2) a scenario-building roundtable; (3) a policy simulation in which a small number of experienced policy thinkers and former policymakers will work through the options and constraints facing the U.S. government in the aftermath of a sudden and significant stock market decline; (4) a conference to disseminate the findings of the roundtable and simulation. The conference held on July 12-13, provided a forum to raise the broadest possible perspective on the intersection of financial markets, the global economy, foreign policy, and national security.
Financial Vulnerabilities: Lessons Learned and Implications for Foreign Policymaking (San Francisco)
National Program Meeting
January 26, 2001
Related Project: Project on Financial Vulnerabilities and Foreign Policy
| Panelist: | Judith K. Paulus, Adviser to the Chairman, Sara Lee Corporation |
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| Speaker: | Roger M. Kubarych, Henry Kaufman Senior Fellow in International Economics and Finance, Council on Foreign Relations |
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Roger Kubarych will give an overview of the Council on Foreign Relations’ Financial Vulnerabilities Project and summarize his findings and recommendations
on thinking through the policy implications of a major downturn in the U.S. financial markets.
Financial Vulnerabilities: Lessons Learned and Implications for Foreign Policymaking (Los Angeles)
National Program Meeting
January 25, 2001
Related Project: Project on Financial Vulnerabilities and Foreign Policy
| Panelist: | Robert E. Denham, Partner, Munger, Tolles & Olson |
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| Speaker: | Roger M. Kubarych, Henry Kaufman Senior Fellow in International Economics and Finance, Council on Foreign Relations |
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Roger Kubarych will give an overview of the Council on Foreign Relations’ Financial Vulnerabilities Project and summarize his findings and recommendations
on thinking through the policy implications of a major downturn in the U.S. financial markets.
Financial Vulnerabilities: Lessons Learned and Implications for Foreign Policymaking (Dallas)
National Program Meeting
January 24, 2001
Related Project: Project on Financial Vulnerabilities and Foreign Policy
| Panelist: | Scott L. Miller, Principal, Miller Global Investments |
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| Speaker: | Roger M. Kubarych, Henry Kaufman Senior Fellow in International Economics and Finance, Council on Foreign Relations |
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Roger Kubarych will give an overview of the Council on Foreign Relations’ Financial Vulnerabilities Project and summarize his findings and recommendations
on thinking through the policy implications of a major downturn in the U.S. financial markets.
Financial Vulnerabilities: Lessons Learned and Implications for Foreign Policymaking (Houston)
National Program Meeting
January 24, 2001
Related Project: Project on Financial Vulnerabilities and Foreign Policy
| Panelist: | Richard D. Quay, Counsel, Law Department, Exxon Mobil |
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| Speaker: | Roger M. Kubarych, Henry Kaufman Senior Fellow in International Economics and Finance, Council on Foreign Relations |
|---|
Roger Kubarych will give an overview of the Council on Foreign Relations’ Financial Vulnerabilities Project and summarize his findings and recommendations
on thinking through the policy implications of a major downturn in the U.S. financial markets.
Assessing Financial Vulnerabilities and Uncovering New Investment Opportunities: The Global Dimension
Conference Panel Session
December 6, 2000
Related Project: Project on Financial Vulnerabilities and Foreign Policy
The conference will bring together serious professionals from the financial markets, business, and the policy communities to explore better ways of identifying and managing risks in the global system. The conference will build on three earlier successful exercises. The first was a roundtable last fall that reviewed the lessons learned from past financial disturbances and sought to identify current vulnerabilities. The second was an extraordinary policy simulation or "war game" that took place here in January, effectively a "stress test" of the global economic, financial, and political system. And the third was a two-day conference on "The Next Financial Crisis: Warning Signs, Damage Control and Impact" held in New York in June at which Federal Reserve Chairman Alan Greenspan was the keynote speaker.
As you can see in the linked agenda, the issues we will tackle and the quality of speakers make this a truly unique event.
After two decades of liberalization, many countries around the world are adopting new restrictions on foreign direct investment (FDI) that could retard continued progress. The authors make recommendations for correcting this protectionist drift by proposing guidelines for how countries can better regulate FDI yet still reap its economic benefits.
In this Council Special Report, the authors make a strong case that the Bush administration’s policy of diplomatic isolation of Syria is not serving U.S. interests, and offer informed history and thoughtful analysis of the country and its external behavior.
