Greenberg Center for Geoeconomic Studies Project Archive

Below you will find a chronological list of current Center research projects. You can search by issue or region by selecting the appropriate category. In addition to this sorting control, you can search for specific subjects within the alphabetical, regional, and issue categories by choosing from the selections in the drop-down menu below.

Each project page contains the name of the project director, a description of the project, a list of meetings it has held, and any related publications, transcripts, or videos.

2006 (continued)

Council Special Report on Immigration

Staff: Sebastian Mallaby, Paul A. Volcker Senior Fellow for International Economics
Author: Gordon H. Hanson, Professor of Economics, University of California, San Diego
January 2006—April 2007

Immigration is a toxic political issue in the United States. This report by University of California, San Diego, professor Gordon Hanson indicates that the economic costs of illegal immigration roughly match the economic benefits. That is, the net economic impact of illegal immigration is close to zero. Thus, the political debate must revolve around how other sources of costs, or efforts to curb illegal immigration, such as increased border enforcement, would result in a net loss to the U.S.economy. He also finds that illegal immigration provides a labor supply that more closely tracks shifts in the need for labor across time and geography, while legal immigration—even when temporary—cannot keep up with these cyclical shifts.  Any policy aimed at addressing the demand for low-skilled labor must also address the need for flexibility.

Council Special Report: The United States and the WTO Dispute Settlement System

Staff: Sebastian Mallaby, Paul A. Volcker Senior Fellow for International Economics
Author: Robert Z. Lawrence, Williams Professor of International Trade and Investment, John F. Kennedy School of Government, Harvard University
May 2006—March 2007

The Doha negotiations have stalled since last summer, and, as the November elections in the United States highlighted, American advocates of economic nationalism are growing in strength. Nevertheless, Robert Lawrence makes a case for the effectiveness of the World Trade Organization (WTO), particularly its dispute settlement system, and the benefits that would accrue to the United States and others from improving its effectiveness. These benefits include expanding world trade and increasing support for an often beleaguered organization that is central to the conduct of world trade.

In this Council Special Report, Professor Lawrence addresses the critics of the dispute settlement mechanism—both those who think it should be tougher on countries that violate trade rules and those who think it is already so tough as to violate sovereignty. He points out the successes of the WTO since its creation in 1995 and argues that radical changes to the system are ill-advised. Lawrence nonetheless suggests several areas for reform, from steps that require multilateral negotiations, such as improving opportunities for nonstate actor participation in and enhancing transparency of the process, to changes the United States could make in its own behavior.

Part of the Bernard and Irene Schwartz Series on American Competitiveness.

CGS Director's Roundtable Series

Director: Douglas Holtz-Eakin
January 2006—January 2007

This roundtable series brings together policymakers, scholars, and journalists to explore current policy challenges that have both economic and national security dimensions.

Council Special Report on the U.S. Intellectual Property System in a Global Perspective

Director: Douglas Holtz-Eakin
Author: Keith E. Maskus, Stanford Calderwood Professor of Economics, University of Colorado
March 2006—November 2006

This report evaluates the effectiveness of the U.S. intellectual property regime in encouraging innovation and discusses the U.S. push to harmonize intellectual property standards with its trading partners. Professor Maskus argues that the intellectual property system is so skewed toward patent holders that it actually discourages innovation, and that the aggressive drive toward harmonization with other countries should be replaced by an emphasis on the enforcement of existing standards.

Global Aging and Financial Markets

September 7, 2006

Cosponsored with the Center for Strategic and International Studies, and Macroeconomic Advisers

Georgetown University Conference Center

2005

Roundtable on Innovation and Technological Entrepreneurship in Asia

Director: Adam Segal, Maurice R. Greenberg Senior Fellow for China Studies and Director of the Digital and Cyberspace Policy Program
May 1, 2005—July 31, 2010

This series assesses innovation and technological entrepreneurship in Asia, evaluates the impact of emerging technological capabilities on American economic, political, and military power, and recommends policies designed to ensure continued U.S. technological superiority.

Study Group on Economic Interdependence and American Foreign Policy

Staff: Edward J. Lincoln, Director, Center for Japan-U.S. Business and Economic Studies, New York University
January 1, 2005—June 30, 2006

This project will examine the fundamental international economic changes that have occurred globally in the past half century, discuss how they affect security and stability in the world, and explore how American foreign policy should respond.

High-Level Roundtable Series on American Competitiveness

Director: Benn Steil, Senior Fellow and Director of International Economics
March 1, 2005—April 1, 2006

Made possible by the generosity of Bernard L. Schwartz, this roundtable series explores issues that affect the competitiveness of the U.S. economy. Meetings have addressed issues such as the sustainability of the U.S. current account deficit, the effectiveness of the WTO dispute settlement process, and intellectual property rights.

Study Group on Dollarization

Director: Manuel Hinds, Former Salvadoran Finance Minister
Chair: Sergio J. Galvis
February 8, 2005—Study Group Meeting

This project examined the desirability of dollarization in developing countries as well as its role in promoting international financial stability.

2004

CGS Roundtable Series

Director: Benn Steil, Senior Fellow and Director of International Economics
December 1, 2004—January 1, 2006

This meeting series is designed to bring Council members together in a small seminar environment to discuss new and innovative thinking at the intersection of economics and foreign policy.

New Policy Thinking in Macroeconomics

Staff: Benn Steil, Senior Fellow and Director of International Economics
November 12, 2004

Morning Panel 1: Macroeconomic Policy and the U.S. Deficits
Morning Panel 2: Monetary Policy in a Liquidity Trap
Luncheon Panel: Policy Challenges in an Interdependent World
Afternoon Panel 1: Inflation Targeting
Afternoon Panel 2: Macroeconomic Policy in the European Union

NAFTA 10 Years On

Director: Benn Steil, Senior Fellow and Director of International Economics
February 10, 2004

This conference explored NAFTA's economic performance, its implications for continued North American integration and its lessons for the crafting of American trade policy.

2003

Study Group on Financial Statecraft: The Role of Financial Markets in American Foreign Policy

Chair: Jeffrey R. Shafer
Director: Benn Steil, Senior Fellow and Director of International Economics
January 1, 2003—September 1, 2004

Financial markets, institutions, and instruments are playing an increasing role in American foreign policy, both as servants of traditional foreign policy aims, such as national security, and as objects, in their own right, of foreign trade and market access negotiations. Tensions and contradictions abound in this formulation, and are apparent in fierce policy debates over the merits of IMF bailouts, dollarization, financial sanctions, and market access restrictions. The project director is writing a book that examines the growing role of finance in foreign policy, why it is important, where its effects are misunderstood, and how institutional reforms can help in managing incompatible goals. Sessions of this study group will provide feedback on draft chapters.