Strategic Capital

CSIS Renewing American Innovation, the Economics Program and Scholl Chair in International Business, Project on Trade and Technology, Energy Security and Climate Change Program, and Strategic Technologies Program research the public incentives and private funds needed to achieve national and economic security priorities, focusing on supply chains and critical technologies.

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Photo: Artur Widak/Anadolu/Getty Images

Photo: Artur Widak/Anadolu/Getty Images

Why the G7 Must Tackle Hidden Systemic Threats to Global Financial Stability

A new commentary from the CSIS Economics Program and Scholl Chair in International Business highlights how hidden leverage and unregulated carry trades have become a structural risk to global financial stability—and calls on G7 leaders to take coordinated action before the next crisis erupts.

Commentary by Philip Luck and Safae Irghis — June 16, 2025

Past Events


Experts


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Jen Berlin
Vice President, Economic Security and Technology Department
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Phil Luck
Director, Economics Program and Scholl Chair in International Business
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William Alan Reinsch
Senior Adviser and Scholl Chair Emeritus, Economics Program and Scholl Chair in International Business
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Barath Harithas
Senior Fellow, Economics Program and Scholl Chair in International Business
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Joseph Majkut
Director, Energy Security and Climate Change Program
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5Mazzocco
Deputy Director and Senior Fellow, Trustee Chair in Chinese Business and Economics
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Erin L. Murphy
Deputy Director, Chair on India and Emerging Asia Economics and Senior Fellow, Emerging Asia Economics