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

July/August 2014

The Global Security Deficit

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Valentyn Ogirenko / Courtesy Reuters


In his column for Project Syndicate, CFR Distinguished Visiting Fellow A. Michael Spence writes that political insecurity, potential conflict, and deteriorating international relations are increasingly powerful impediments to economic progress. Read the column »



Why the BRICS Bank's Good Intentions Could End Badly

In a post on his Macro and Markets blog, CFR Senior Fellow Robert Kahn sees serious risks that the new development bank and rescue facility created by the BRICS (Brazil, Russia, India, China, and South Africa) could be undermined by poor investments, bad policies, and even corruption. Read the post »

Is the BRICS Bank More "Democratic" Than the World Bank?

CFR Senior Fellow Benn Steil and CFR Analyst Dinah Walker show in a Geo-Graphics post that the founding members of the World Bank already have less voting power than the founding members of the BRICS Bank will ever have. Read the post »

Don't Write Off the BRICS Bank

In an op-ed for Folha de Sao Paulo, CFR Senior Fellow Julia E. Sweig urges U.S. leaders not to dismiss the BRICS summits and the new BRICS bank as merely symbolic anti-Western snubs. Read the op-ed »

Why Argentina Defaulted

CFR Senior Fellow Shannon O'Neil argues in an op-ed for that Argentina acted sensibly in defaulting on its debt, given its limited room for maneuvering with creditors. Read the op-ed »

Politics of Energy

How to Make Fuel Subsidy Reform Succeed

In a new Policy Innovation Memorandum, CFR Senior Fellow Isobel Coleman proposes the establishment of a private-public partnership to assist developing nations in persuading their citizens of the need for fuel subsidy reform, which could free up billions of dollars for more effective anti-poverty initiatives. Read the memo »

Will the U.S. Oil Boom Make Energy Sanctions Easier?

CFR Senior Fellow Michael A. Levi cautions in a post on his Energy, Climate, and Security blog that rising U.S. oil production may have made energy sanctions easier to impose only in the short run. Read the post »

Planning for the Future

Ignoring Climate Change Could Sink the U.S. Economy

In a Washington Post op-ed, CFR Co-Chairman Robert E. Rubin argues the public and private sectors need better metrics that more honestly reflect how climate change exposes the federal budget, business earnings, and economic growth to risk.
Read the op-ed »

Expect More Sanctions from the West

CFR Senior Fellow Robert Kahn warns in an op-ed for that Russia should expect more comprehensive sanctions on finance and energy in the coming months from Europe and the United States. Read the op-ed »

Charting the Latest Data on Foreign Investment and Military Spending

The most recent updates to the Center for Geoeconomic Studies' chart book series provide graphical examinations of the growth in foreign ownership of U.S. assets as well as trends in U.S. military spending. Browse the chart books »

CFR Welcomes New Senior Fellow Jennifer Harris

Jennifer Harris, a former member of the State Department's policy planning staff, has joined the Council on Foreign Relations (CFR) as a senior fellow. Harris will focus on global markets, geoeconomics, energy security, and trade and investment as part of the Maurice R. Greenberg Center for Geoeconomic Studies.



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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