Economics

CSIS’s Economics Program, the Scholl Chair in International Business, and the Strategic Technologies Program, explore the nexus between economics and national security at a time when international relations are increasingly defined by the pursuit of economic and commercial power.

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Global Economics Monthly, March 2023

We are pleased to share the March 2023 issue of the Global Economics Monthly (GEM), the newsletter of the CSIS Economics Program.

Newsletter — March 31, 2023

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Experts

Erin L. Murphy

Erin L. Murphy

Deputy Director and Senior Fellow, Economics Program
Scott Kennedy

Scott Kennedy

Senior Adviser and Trustee Chair in Chinese Business and Economics
Daniel F. Runde

Daniel F. Runde

Senior Vice President; William A. Schreyer Chair; Director, Project on Prosperity and Development
Erol Yayboke

Erol Yayboke

Director, Project on Fragility and Mobility and Senior Fellow, International Security Program
Emily Benson

Emily Benson

Senior Fellow, Scholl Chair in International Business

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Deaths of Despair

With unemployment in the Middle East reaching alarming levels, Jon B. Alterman explores the potential consequences of the region's economic growth and energy transition on its youth population, and with it, the critical choices governments should make to avoid crises.

Commentary by Jon B. Alterman — February 21, 2023

South America’s ‘Common Currency’ Is Actually about De-dollarization

Brazil and Argentina have announced their plan to create a new unit of account for denominating bilateral trade and financial flows as an alternative to the U.S. dollar. It would be a building block towards a South American common currency. However, it is likely to fail.

Commentary by Federico Steinberg and Miguel Otero-Iglesias — February 14, 2023

Experts React: Can IPEF Be a Watershed Moment for U.S.-India?

The Indo-Pacific Economic Framework (IPEF) special negotiation meetings were held in Delhi between February 8–11. CSIS experts speak about addressing critical challenges in supply chain resilience, taxation, clean energy, and governance to further U.S.-India relations.  

Commentary by Jayant Krishna , Mukesh H. Butani , Kartikeya Singh , and Alok Gupta — February 13, 2023

Next Steps in the Evolution of Development Finance

Please join CSIS for a keynote address by U.S. Secretary of the Treasury Janet L. Yellen on evolving the multilateral development banks to address growing global challenges, followed by a panel discussion with experts.

Event by Janet L. Yellen , Matthew P. Goodman , Stephanie Segal , Claire Healy , Alexia Latortue , Nancy Lee , and Marilou Uy — February 9, 2023

"How Private Are Chinese Companies?": A Big Data China Event

Big Data China Feature launch event on China's corporate social credit system, surveillance capitalism, and the implications for U.S. policy.

Event by Scott Kennedy , Ilaria Mazzocco , Scott Rozelle , Barry Naughton , Curtis J. Milhaupt , Lauren Yu-Hsin Lin , and Martin Chorzempa — February 7, 2023

Paradigm Shift?

This week, the Scholl Chair ponders an interesting question: is the Inflation Reduction Act (IRA) a one-off event or does it represent a paradigm shift in U.S. trade and economic policy?

Commentary by William Alan Reinsch — February 6, 2023

Immigration Policy’s Role in Bolstering the U.S. Technology Edge

The Biden administration has emphasized the importance of technological advancements to U.S. foreign policy objectives, which can only be achieved by improving immigration policies to promote innovation in key sectors. 

Critical Questions by William Alan Reinsch and Thibault Denamiel — February 6, 2023

The Limits of “Friend-Shoring”

Transatlantic geopolitical authority seems to have consolidated considerably in recent months, but it remains to be seen whether emerging differences represent long-term fissures that could grow or if external factors will make these temporary disagreements obsolete.

Report by Emily Benson and Ethan B. Kapstein — February 1, 2023