Greenberg Center for Geoeconomic Studies Publications Archive

Op-Ed

Congress Shouldn't Cut Military Research on Climate Change

Author: Varun Sivaram
The Hill

The new House budget sets a deadline of October 1 to “cut waste, eliminate redundancies and end the abuse or misuse of taxpayer dollars,” and it specifically targets the Department of Defense (DOD) for spending “part of their budget studying climate change.” Varun Sivaram highlights how the military’s broad portfolio of climate change adaptation efforts should not be considered redundant or wasteful because it bolsters American national security interests.

See more in United States; Climate Change; Budget, Debt, and Deficits

Testimony

The Unfinished Health Agenda in Sub-Saharan Africa

Author: Thomas J. Bollyky

In his testimony before the Senate Foreign Relations Subcommittee on Africa and Global Health Policy, Thomas J. Bollyky argues that continued U.S. and private sector leadership on the unfinished health agenda in Africa is as important now as it has been in the past and for the same reasons: a peaceful, inclusive economy presupposes healthier, more productive lives.

See more in Africa (sub-Saharan); Health

Op-Ed

The Austerity Wars: Debunking Paul Krugman

Author: Benn Steil
Forbes Online

Benn Steil’s new Forbes op-ed examines Paul Krugman's data analysis purporting to document definitively that "austerity," defined by declines in real government purchases, damaged growth between 2010 and 2013. He shows that this finding collapses entirely when he excludes countries without independent monetary policies, such as those in the Eurozone. For countries with independent monetary policies, changes in real government purchases had no effect on growth.

See more in Global; Monetary Policy

Op-Ed

"Do India's Renewable Energy Targets Make Sense?"

Author: Varun Sivaram
CFR Blog: Energy, Security, and Climate

Prime Minister Narendra Modi’s government recently set a target of 100 GW of solar panels in India by 2022, a target that would leapfrog India over all developed countries. Varun Sivaram critically examines how realistic the Modi Government’s ambition is for India to become the “renewable energy capital of the world.”

See more in India; Renewable Energy

Article

Weekend Reader: 'Market Madness: A Century of Oil Panics, Crises, and Crashes'

Author: Blake Clayton
The National Memo

In Market Madness: A Century of Oil Panics, Crises, and Crashes, stock analyst Blake C. Clayton tempers the craze surrounding oil exhaustion through a combination of historical investigation and sober, persuasive analysis. His book is a lucid, credible riposte to apocalyptic ravings about “peak oil.” Clayton examines how such panics have persisted through the decades, all unfounded, yet devastating to the market. Market Madness enjoins consumers, policymakers, and brokers to abstain from hysteria and remain informed about what the future of energy truly holds.

See more in Global; Oil

Op-Ed

Why the Oil Price Drop Matters

Author: Michael A. Levi
World Economic Forum

After three years of unusual stability around $100 a barrel, oil prices fell steeply in the second half of 2014, dropping from $115 a barrel in June to around $60 by December. With oil critical to national economies, international security and climate change, what does the apparent new world of oil mean?

See more in Global; Oil

Audio

Geopolitical Implications of the Oil Price Plunge

Speakers: Michael Gfoeller, David Goldwyn, and Angela E. Stent
Presider: Michael A. Levi

Michael Gfoeller, advisor at The Chertoff Group, David Goldwyn, president of Goldwyn Global Strategies, and Angela E. Stent, professor at Georgetown University, join CFR’S Michael A. Levi, David M. Rubenstein Senior Fellow for Energy and the Environment, to discuss the geopolitical implications of low oil prices.

See more in Global; Economics; Energy and Environment

Transcript

Geopolitical Implications of the Oil Price Plunge

Speakers: Michael Gfoeller and Angela E. Stent
Presider: Michael A. Levi

Michael Gfoeller, advisor at The Chertoff Group, David Goldwyn, president of Goldwyn Global Strategies, and Angela E. Stent, professor at Georgetown University, join CFR’S Michael A. Levi, David M. Rubenstein Senior Fellow for Energy and the Environment, to discuss the geopolitical implications of low oil prices.

See more in Global; Economics; Energy and Environment

Transcript

Low Oil Prices: How Did We Get Here and Where Are We Headed?

Speakers: Howard K. Gruenspecht, Edward L. Morse, and Katherine B. Spector
Introductory Speaker: Michael A. Levi
Presider: Betty Liu

Howard K. Gruenspecht, deputy administrator at the U.S. Energy Information Administration, Edward L. Morse, global head of commodities research at Citibank, and Katherine B. Spector, head of commodities research at CIBC World Markets, join Bloomberg’s editor-at-large Betty Liu, to discuss the history and future of oil prices.

This meeting is part of the Geoeconomic Consequences of the Oil Price Plunge symposium, which is presented by the Maurice R. Greenberg Center for Geoeconomic Studies.

See more in Global; Energy and Environment; Economics

Video

Geopolitical Implications of the Oil Price Plunge

Speakers: Michael Gfoeller, David Goldwyn, and Angela E. Stent
Presider: Michael A. Levi

Michael Gfoeller, advisor at The Chertoff Group, David Goldwyn, president of Goldwyn Global Strategies, and Angela E. Stent, professor at Georgetown University, join CFR’S Michael A. Levi, David M. Rubenstein Senior Fellow for Energy and the Environment, to discuss the geopolitical implications of low oil prices.

See more in Global; Economics; Energy and Environment

Video

Low Oil Prices: How Did We Get Here and Where Are We Headed?

Speakers: Howard K. Gruenspecht, Edward L. Morse, and Katherine B. Spector
Introductory Speaker: Michael A. Levi
Presider: Betty Liu

Howard K. Gruenspecht, deputy administrator at the U.S. Energy Information Administration, Edward L. Morse, global head of commodities research at Citibank, and Katherine B. Spector, head of commodities research at CIBC World Markets, join Bloomberg’s editor-at-large Betty Liu, to discuss the history and future of oil prices.

See more in Global; Energy and Environment; Economics

Book Market Madness

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

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

Nomura Securities' Lewis Alexander, LSE's Philippe Legrain, and CFR's Michael A. Levi, join CFR's Sebastian Mallaby, to discuss the global economy in 2015. The panel discusses oil prices, quantitative easing in Europe, and Greece and Russia’s economies.

See more in Global; Economics

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

Nomura Securities' Lewis Alexander, LSE's Philippe Legrain, and CFR's Michael A. Levi, join CFR's Sebastian Mallaby, to discuss the global economy in 2015. The panel discusses oil prices, quantitative easing in Europe, and Greece and Russia’s economies.

See more in Global; Economics