Greenberg Center for Geoeconomic Studies Publications Archive

Article

The TPP Is the Last, Best Opportunity for New Global Trade Rules

Author: Edward Alden
World Politics Review

There is no other area of global governance—not climate change, not management of the oceans, not monetary policy, not peacekeeping—in which the nations of the world have agreed to cooperate more closely than on the rules governing international trade. But over the past half-century, each step toward greater trade cooperation has been a bit harder than the last.

See more in Global; Treaties and Agreements

Other Report

Global Economics Monthly December 2015

Author: Robert Kahn

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that the European Union (EU) faces rising populist pressure, reflecting long-term challenges to economic policymaking that can only partly be addressed by a cyclical recovery and debt relief. By strengthening the credibility of economic policy and the region’s resilience to shocks, better policy coordination and a faster path to economic union would go far toward securing a better economic future for Europe and addressing some underlying causes of populism.

See more in Europe; Economics

Foreign Affairs Article

Beyond Break-Even Prices

Author: Michael A. Levi

When oil prices plunged in 2014, many analysts predicted that major exporters would have to drastically cut supply or else risk fiscal and geopolitical instability. Michael Levi explains why these predictions have been proven wrong.

See more in Global; Oil; Financial Markets

Other Report Fiscal Breakeven Oil Prices: Uses, Abuses, and Opportunities for Improvement

Fiscal Breakeven Oil Prices: Uses, Abuses, and Opportunities for Improvement

Authors: Blake Clayton and Michael A. Levi

Fiscal "breakeven" oil prices have become popular among analysts and decision-makers as indicators of oil-producing countries' economic and political stability, but there are limits to the insights that breakeven prices provide. Blake Clayton and Michael A. Levi assess the potential value and most important pitfalls involved in using fiscal breakeven oil prices.

 

See more in Global; Oil; Economics

Other Report

Global Economics Monthly November 2015

Author: Robert Kahn

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that the concerns driven by China's economic problems are modest compared to the 1997 Asian financial crisis or the Great Recession. However, there are reasons for concern: large financial imbalances, weak global growth, inadequate official resources, and political pressures. While a severe global financial crisis remains a tail risk, policymakers need to be prepared to respond. 

See more in Global; Economics

News Release

U.S. Must Invest in Scientific Research to Keep Innovation Edge, According to New CFR Report

Authors: Edward Alden and Rebecca Strauss

Although the United States leads the world in technology innovation, it may fall behind if the government does not address emerging gaps in innovation policy and invest more in scientific research, argues a new progress report and scorecard from the Council on Foreign Relations’ (CFR) Renewing America initiative. The report is authored by Renewing America Associate Director Rebecca Strauss and CFR Bernard L. Schwartz Senior Fellow and Renewing America Director Edward Alden.

See more in United States; Innovation; Competitiveness

Article

The U.S. Should Fix Immigration and Patents or Kiss Its Innovation Edge Goodbye

Authors: Edward Alden and Rebecca Strauss
Quartz

Management theorist Peter Drucker famously declared that companies must “innovate or die.” Washington today is full of similar warnings, based on the premise that the US is losing its innovation edge. The fear is that industrial and technological advancements in other countries—and in China in particular—threaten to leave us behind.

See more in United States; Competitiveness

Other Report

Global Economics Monthly: October 2015

Author: Robert Kahn

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that China's growth prospect lies somewhere between hard-landing and muddle-through scenarios. However, uncertainty remains and is already being felt strongly and likely to put increasing pressure on emerging markets through trade contraction and financial contagion. For the United States, fragility in emerging markets is the critical risk and will dominate economic decision-making for months if not years to come. 

See more in Global; Economics