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The Trump administration leaves a legacy of confusion over cybersecurity issues with few positives.
About the Expert
Expert Bio
Benn Steil is senior fellow and director of international economics, as well as the official historian in residence, at the Council on Foreign Relations in New York. He is also the founding editor of International Finance, a scholarly economics journal; lead writer of the Council’s Geo-Graphics economics blog; and creator of six web-based interactives tracking Global Monetary Policy, Global Imbalances, Sovereign Risk, Central Bank Currency Swaps, China’s Belt and Road Initiative, and Global Growth. Prior to his joining the Council in 1999, he was director of the International Economics Programme at the Royal Institute of International Affairs in London. He came to the Institute in 1992 from a Lloyd’s of London Tercentenary Research Fellowship at Nuffield College, Oxford, where he received his MPhil and DPhil (PhD) in economics. He also holds a BSc in economics summa cum laude from the Wharton School of the University of Pennsylvania.
Dr. Steil has written and spoken widely on international finance, monetary policy, financial markets, and economic and diplomatic history. He has testified before the U.S. House, Senate, and CFTC, and is a regular op-ed writer and commentator on CNBC. His most recent book, The Marshall Plan: Dawn of the Cold War, won the New-York Historical Society’s 2019 Barbara and David Zalaznick Prize for best work on American history, won the American Academy of Diplomacy’s 2018 Douglas Dillon Prize, won the Honorable Mention (runner-up) for the 2019 ASEEES Marshall D. Shulman Prize, was shortlisted for the Duff Cooper Prize, and is ranked number 3 among BookAuthority’s Best Diplomacy Books of All Time. Paul Kennedy in the Wall Street Journal called the book “brilliant,” the New York Times called it “trenchant and timely,” the Financial Times called it “elegant in style and impressive in insights,” and the Christian Science Monitor called it a “gripping, complex, and critically important story that is told with clarity and precision.” His previous book, The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order, won the 2013 Spear’s Book Award in Financial History, took third prize in CFR’s 2014 Arthur Ross Book Award competition, was shortlisted for the 2014 Lionel Gelber Prize (“the world’s most important prize for non-fiction,” according to The Economist), and was the top book-of-the-year choice in Bloomberg’s 2013 poll of global policymakers and CEOs. The Financial Times called the book “a triumph of economic and diplomatic history,” the Wall Street Journal called it “a superb history,” the New York Times called it “the gold standard on its subject,” and Bloomberg’s Tom Keene called it “the publishing event of the season.” An earlier book, Money, Markets, and Sovereignty, won the 2010 Hayek Book Prize.
Affiliations:
- International Finance, editor
- PDQ Enterprises, advisory board
- USREM, advisory board
Featured
The award-winning author of The Battle of Bretton Woods reveals the gripping history behind the Marshall Plan—told with verve, insight, and resonance for today.
This tracker charts the economic growth performance through time of ninety-one countries around the globe.
This tracker shows how the Belt and Road Initiative has changed countries’ bilateral economic relationships with China over time.
The CFR Global Imbalances Tracker can be used to gauge, through time, the vulnerability of individual countries and the global economy to the buildup of imbalances in the current account.
CFR’s Global Monetary Policy Tracker compiles data from 54 countries around the world to highlight significant global trends in monetary policy. Who is tightening policy? Who is loosening policy? And what is the policy stance of the world as a whole?
The CFR Sovereign Risk Tracker can be used to gauge the vulnerability of emerging markets to default on external debt.
Current Projects
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Panelists discuss the post-COVID-19 role of the U.S. dollar, options for alternative currencies, and the impact of U.S. economic and foreign policy on both.
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Benn Steil discusses his new book, The Marshall Plan: Dawn of the Cold War.
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Experts discuss the state of the U.S. financial sector and the impact of the Dodd-Frank Act.
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In Money, Markets, and Sovereignty, Benn Steil and Manuel Hinds present a fascinating intellectual history of monetary nationalism from the ancient world to the present. Today, the authors argue, an unprecedentedly liberal global trade regime operates side by side with the most extreme doctrine of monetary nationalism ever contrived—a situation bound to trigger periodic crises. Join Benn Steil for a discussion of his new book and the implications of monetary nationalism for today’s global economy. For more information on Money, Markets, and Sovereignty, visit: http://yalepress.yale.edu/yupbooks/book.asp?isbn=9780300149241
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The McKinsey Executive Roundtable Series in International Economics is presented by Maurice R. Greenberg Center for Geoeconomic Studies and the Corporate Program.
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Presented by the Maurice R. Greenberg Center for Geoeconomic Studies and the Corporate Program.
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This session was part of a three-day symposium during the Republican National Convention in Minneapolis, cosponsored with the University of Minnesota's Hubert H. Humphrey Institute of Public Affairs.
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The McKinsey Executive Roundtable Series in International Economics is presented by the Maurice R. Greenberg Center for Geoeconomic Studies and the Corporate Program.
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The McKinsey Executive Roundtable Series in International Economics is sponsored by the Maurice R. Greenberg Center for Geoeconomic Studies and the Corporate Program.