Global

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

Primary Sources

Munich Security Report 2015: "Collapsing Order, Reluctant Guardians?"

The Munich Security Report was released on January 26, 2015, described in the press release as "an annual digest on critical questions and important trends in the field of international security policy." The first section of the report focuses on the roles of international actors, Germany, United States, Europe, NATO, Russia, and emerging powers. The second section discusses three "hot spots"-- Ukraine, the Middle East, and Asia Pacific. The third section reviews major issues such as terrorism, energy security, and refugee crises, and the fourth section suggests additional reading and research materials.

See more in Global; Global Future Trends; Conflict Assessment

Transcript

Falling Oil Prices, Europe's Quantitative Easing, Nervous Markets: the Global Economy at the Start of 2015

Speakers: Lewis Alexander, Philippe Legrain, and Michael A. Levi
Presider: Sebastian Mallaby

Lewis Alexander, managing director and chief U.S. economist at Nomura Securities International, Philippe Legrain, senior fellow at the London School of Economics’ European Institute, and Michael A. Levi, David M. Rubenstein senior fellow for energy and the environment and director of the Maurice R. Greenberg Center for Geoeconomic Studies at the Council on Foreign Relations, join Sebastian Mallaby, Paul A. Volcker senior fellow for international economics at the Council on Foreign Relations, to discuss the global economy in 2015.

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Audio

Falling Oil Prices, Europe's Quantitative Easing, Nervous Markets: the Global Economy at the Start of 2015

Speakers: Lewis Alexander, Philippe Legrain, and Michael A. Levi
Presider: Sebastian Mallaby

Lewis Alexander, managing director and chief U.S. economist at Nomura Securities International, Philippe Legrain, senior fellow at the London School of Economics’ European Institute, and Michael A. Levi, David M. Rubenstein senior fellow for energy and the environment and director of the Maurice R. Greenberg Center for Geoeconomic Studies at the Council on Foreign Relations, join Sebastian Mallaby, Paul A. Volcker senior fellow for international economics at the Council on Foreign Relations, to discuss the global economy in 2015.

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Video

Falling Oil Prices, Europe's Quantitative Easing, Nervous Markets: the Global Economy at the Start of 2015

Speakers: Lewis Alexander, Philippe Legrain, and Michael A. Levi
Presider: Sebastian Mallaby

Lewis Alexander, managing director and chief U.S. economist at Nomura Securities International, Philippe Legrain, senior fellow at the London School of Economics’ European Institute, and Michael A. Levi, David M. Rubenstein senior fellow for energy and the environment and director of the Maurice R. Greenberg Center for Geoeconomic Studies at the Council on Foreign Relations, join Sebastian Mallaby, Paul A. Volcker senior fellow for international economics at the Council on Foreign Relations, to discuss the global economy in 2015.

See more in Global; Economics