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Council on Foreign Relations This Month in Geoeconomics
From the Maurice R. Greenberg Center for Geoeconomic Studies

July 2012

Think Again: The American Energy Boom

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Bret Hartman / Courtesy Reuters


High oil prices and new technologies have sparked a surge in U.S. oil and gas production, but with these big gains have come bold claims about America's energy future. In the latest issue of Foreign Policy, CFR Senior Fellow Michael Levi separates fact from fiction surrounding the U.S. energy boom and its implications for world markets, job growth, climate change, and more. Read the Article »


Fixing Finance

Good Riddance to Libor, a Flawed Benchmark

CFR Senior Fellow Benn Steil's column in Financial News, co-authored with CFR analyst Dinah Walker, provides new evidence highlighting the endemic flaws in Libor as both a benchmark for setting market lending rates and a central bank metric for judging policy effectiveness. Read the Column »

Woodrow Wilson Knew How to Beard Behemoths

CFR Senior Fellow Sebastian Mallaby argues that the only way to end the era of "too big to fail" is to break up the banking behemoths. Read the Op-Ed »

Health and Wealth

The Time Bomb That Could Cost Us Billions

CFR Adjunct Senior Fellow Michael W. Hodin warns that Alzheimer's disease will wreak havoc on communities, national budgets, and health care systems worldwide unless greater strides are made toward prevention and treatment. Read the Article »

How Summer Is Making U.S. Kids Dumber and Fatter

CFR Adjunct Senior Fellow Peter R. Orszag explains how summer inactivity can leave lasting negative impacts on a child's academic performance and physical health. Read the Column »

Trading Troubles

The Fall of Doha

CFR Senior Fellow Jagdish N. Bhagwati writes that the Doha round's failure at the hands of U.S. negotiators foreshadows the return of protectionism. Read the Essay »

Tradable Prosperity

CFR Distinguished Visiting Fellow Michael Spence explores the impediments to growth that have produced shortfalls of demand in the tradable and nontradable sides of national economies. Read the Column »

Caterpillar, Unions, and the Falling Middle Class

CFR Senior Fellow Edward Alden examines how stiff trade competition and expanding global markets have sapped the bargaining power of American union workers. Read the Post »

Summer Reading

In the July/August issue of Foreign Affairs, Gillian Tett of the Financial Times reviews new books from James Galbraith, Robert Shiller, and Charles Ferguson that take different perspectives on the financial system's role in the growth of economic inequality. Read the Review »



About CGS

The Maurice R. Greenberg Center for Geoeconomic Studies (CGS)
works to promote a better understanding among policymakers, scholars, journalists, and the public about how economic and political forces interact to influence world affairs.

Michael A. Levi
Director of the Maurice R. Greenberg Center for Geoeconomic Studies
Edward Alden
Bernard L. Schwartz Senior Fellow
Thomas J. Bollyky
Senior Fellow for Global Health, Economics, and Development
Blake Clayton
Adjunct Fellow for Energy
Heidi Crebo-Rediker
Senior Fellow
James P. Dougherty
Adjunct Senior Fellow for Business and Foreign Policy
Jennifer Harris
Senior Fellow
Miles Kahler
Senior Fellow for Global Governance
Robert Kahn
Steven A. Tananbaum Senior Fellow for International Economics
Sebastian Mallaby
Paul A. Volcker Senior Fellow for International Economics
Meghan L. O’Sullivan
Adjunct Senior Fellow
Peter R. Orszag
Adjunct Senior Fellow
Varun Sivaram
Matthew J. Slaughter
Adjunct Senior Fellow for Business and Globalization
A. Michael Spence
Distinguished Visiting Fellow
Benn Steil
Senior Fellow and Director of International Economics


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