Greenberg Center for Geoeconomic Studies Publications Archive

Foreign Affairs Article

Leading From Between: How California and Germany Can Fix the Climate Agenda

Authors: Varun Sivaram and David Livingston

Climate talks have largely failed to curb rising temperatures, but bottom-up initiatives featuring subnational actors hold great promise if coordinated effectively. Varun Sivaram and David Livingston argue that California and Germany can “lead from between” to bridge international and subnational climate action.

See more in United States; Germany; Environmental Policy

Foreign Affairs Article

Vindicating Volatility

Authors: Michael A. Levi and Robert McNally

While oil prices over the last three years were the smoothest in decades, volatility is back and here to stay argue Michael Levi and Robert McNally. Levi and McNally explain how price fluctuations, rather than high prices, endanger global economic growth.

See more in Global; Oil

Foreign Affairs Article

Taper Trouble

Author: Benn Steil

Benn Steil's essay in the July/August issue of Foreign Affairs looks at the international consequences of U.S. monetary policy action. He argues that developing-nation governments are coming to see the need for engineering current-account surpluses and large dollar-reserve stockpiles as a means of insulating themselves against Fed-induced capital-flow whiplash. As this amounts to "currency manipulation" in the eyes of U.S. policymakers, trade tensions are apt to grow.

See more in Ukraine; United States; Monetary Policy; International Finance

Foreign Affairs Article

Putin's Lehman Moment

Author: Robert Kahn

Robert Kahn argues that the West should be ready to impose more robust economic sanctions against Russia, in order to deter it from further infiltrating or destabilizing Ukraine. Russia's economic complexity means sanctions would meaningfully reduce Russian wealth and growth, since Russian oligarchs and business leaders have significant financial stakes in the West.

See more in Russia and Central Asia; Sanctions

Foreign Affairs Article

America's Energy Opportunity

Author: Michael A. Levi

The U.S. energy revolution is not confined to a single fuel or technology: oil and gas production, renewable energy, and fuel-efficient automobile technologies all show great promise. To best position the country for the future, U.S. leaders should capitalize on all these opportunities rather than pick a favorite; the answer lies in 'most of the above.'

See more in United States; Energy Policy