Economic Instability

 
  • Op-Ed
    Ukraine Needs Money Not Arms
    Eugene Rumer September 18, 2014 Financial Times

    Ukraine does not need extra arms to fight a war that it cannot win and that can only prolong its suffering. What it needs is economic aid.

     
  • Op-Ed
    Beyond ISIS and Ukraine: What Else Happened This Summer
    Moisés Naím September 16, 2014 Atlantic

    Syria, Ukraine, Gaza, Iraq, ISIS, Ebola—the list of this past summer’s disasters is long. But buried among the tragic headlines and breaking news are other events that attracted less attention but could be just as consequential for global affairs.

     
  • Op-Ed
    “...Not With a Bang but a Whimper”
    Michael Pettis September 14, 2014 China Financial Markets

    Policies that affect the savings rate of a small country can have more-or-less predictable domestic impacts because the global economy is so large that domestic policies are not affected by external constraints. But with a large economy, the analysis changes.

     
  • Op-Ed
    Can Germany Save Ukraine?
    Dmitri Trenin August 28, 2014 National Interest

    Berlin is critical to any future settlement of the Ukraine crisis. It is too difficult to reach a deal on the settlement, but the absence of any deal deemed minimally acceptable to all sides would steer Europe toward an abyss.

     
  • Op-Ed
    As US, EU Close Doors, China, Russia Open New Ones
    Dmitri Trenin August 24, 2014 Global Times

    Russia’s efforts to find an acceptable place for itself in the U.S.-led Western system have ended in a bitter disappointment. The changing trading patterns point to a new era in Moscow’s foreign relations, in which Sino-Russian relations will be taking center stage.

     
  • Op-Ed
    Can Pedro Sanchez Save the PSOE?
    Michael Pettis August 18, 2014 China Financial Markets

    If Pedro Sánchez Castejón hopes to lead Spain and his party out of its current economic crisis, he must recognize that the crisis is fundamentally a conflict between the interests of Europe’s bankers and of Europe’s workers.

     
  • Op-Ed
    China’s Property Market Is No Bubble
    Yukon Huang July 24, 2014 Wall Street Journal

    Though a correction is coming to China’s property market, the consequences will be more manageable than common sense might suggest.

     
  • Op-Ed
    Shadow Banking in China Is Not as Risky as the Alarmists Think It Is
    Yukon Huang July 16, 2014 Financial Times

    Whether shadow banking really is a danger or merely evidence of a maturing financial system depends on its magnitude and risk profile.

     
  • Op-Ed
    U.S. Sanctions May Aid Russian Reform
    Dmitri Trenin July 7, 2014 Global Times Русский 中文

    Russia could use the U.S.-led sanctions to begin its long-delayed re-industrialization and to start building a modern economy.

     
  • Article
    The Military Crowds Out Civilian Business in Egypt
    Ahmed Morsy June 24, 2014 عربي

    The army’s renewed role in Egypt’s domestic affairs raises basic questions about the commercial role of the military, especially the fairness and accountability of its practices.

     
  • TV/Radio Broadcast
    “Revolutionary Political Reform” Needed as European Union Faces Crucial Year
    Jan Techau January 9, 2014 Euronews

    2014 will be a decisive year for Europe’s future. What the EU needs is a revolutionary political reform that can bring European citizens back on board.

     
  • TV/Radio Broadcast
    How Did Ukraine Get Into a Tug of War Between Russia and the EU?
    Andrew S. Weiss December 5, 2013 Public Radio International’s World

    Putin’s Eurasian Union would be a set of political and economic structures, similar to the EU, that Russia would dominate. But this vision comes with a price; Ukraine’s economy is in trouble, just as Russia is suffering from low economic growth.

     
  • TV/Radio Broadcast
    The European Union Needs Political Leadership
    Stefan Lehne November 20, 2013 EUANZ TV

    The European Union is still in crisis and it is going through numerous challenges. Political leadership could represent the solution.

     
  • TV/Radio Broadcast
    A German Europe? The Union Disunited
    Judy Dempsey October 28, 2013 Al Jazeera

    Europe stands between extended integration and enforced disintegration. After the German elections, the question is what to expect for Europe's future.

     
  • TV/Radio Broadcast
    Division Between Supporters and Opponents of Morsi
    Marc Pierini June 25, 2013 Voice of Russia

    Tension has increased between supporters and opponents of President Morsi, with both threatening to stage mass protests on the one year anniversary of the president taking office.

     
  • TV/Radio Broadcast
    Economy Was Key In Iranian Election
    Karim Sadjadpour June 17, 2013 NPR’s Weekend Edition

    The outcome of the recent presidential election in Iran was unpredictable in that over the last decade in Iran, moderates and reformists had generally been purged from the corridors of power.

     
  • TV/Radio Broadcast
    Does the Eurozone Have a Future?
    Jan Techau June 17, 2013 Polskie Radio

    Although there is still great concern for the eurozone, the discourse has moved from predicting an immediate downfall a year ago to discussing the necessity of economic reform in the continent.

     
  • TV/Radio Broadcast
    EU Economy
    Uri Dadush May 8, 2013 CRI English

    If growth does not return to Europe in the next two years, the political situation will become more difficult.

     
  • TV/Radio Broadcast
    Cyprus Banks Remain Shut
    Michael Pettis March 26, 2013 ABC News

    The Cyprus banking crisis is an exaggerated version of the problems that persist throughout peripheral Europe.

     
  • TV/Radio Broadcast
    Crisis in Cyprus
    Matthew Rojansky March 20, 2013 CNN International

    Despite Cyprus' favorable fiscal and legal enviroment and the fact that Russian state is one of Cyprus' main creditors, Russia's involvement has generated some surprises.

     
  • Event
    Transatlantic Trends 2014
    Constanze Stelzenmüller, Lev Gudkov, Dmitri Trenin September 12, 2014 Moscow

    According to this year’s Transatlantic Trends survey, Russians have an increasingly unfavorable view of the United States and the EU. Americans and Europeans also had more negative outlooks toward Russia in 2014 than previous years.

     
  • Event
    Will China’s Economy Crash?
    Yukon Huang, David Dollar, Canyon Bosler May 21, 2014 Washington, DC

    China’s growth rate continues to slide. Many observers see its surging debt and housing indicators as signaling an imminent financial crisis and the inevitability of a hard landing. How likely is this to occur, and can the new leadership engineer a more sustainable growth path?

     
  • Event
    Where Next for Japan’s Economic Revitalization?
    Yasutoshi Nishimura, Matthew Goodman, James L. Schoff May 1, 2014 Washington, DC

    Japan is beginning to emerge from its prolonged economic stagnation following the success of Abenomics. But successful implementation of the administration’s action plan, adopted in January, is critical for sustained economic revitalization.

     
  • Event
    Europe’s Uncertain Foreign Policy Legacy
    Peter Spiegel, Jan Techau, Richard Youngs January 21, 2014 Brussels

    The European Union is mired in the worst crisis it has seen for many decades. This threatens to undercut the EU’s ambitions to develop a coherent and active foreign policy.

     
  • Event
    The Socioeconomic Impact of the Syrian Crisis and Alternative Existing Scenarios
    Rabie Nasser, Zaki Mehchy, Yezid Sayigh October 29, 2013 Beirut

    The ongoing crisis in Syria has devastated the country on every level. The Carnegie Middle East Center and the Syrian Center for Policy Research hosted a discussion of Syria’s current socioeconomic conditions and evaluated potential post-conflict reconstruction scenarios.

     
  • Event
    Looking Ahead in Azerbaijan
    Edward Chow, Thomas de Waal, Brenda Shaffer October 11, 2013 Washington, DC

    Azerbaijan votes in a presidential election on October 9, and there is little doubt as to who the winner will be.

     
  • Event
    Managing Expectations: Challenges Facing Abenomics
    James L. Schoff, Yoshiaki Abe, Kosuke Motani, Mireya Solís September 18, 2013 Washington, DC

    Following Japan’s House of Councillors election in July the Liberal Democratic Party’s ruling coalition enjoys a majority in both the upper and lower houses of parliament.

     
  • Event
    Unfinished Business: Merkel’s Germany and Europe’s Future
    Judy Dempsey, Gideon Rachman, Jan Techau September 11, 2013 Brussels

    The German federal election will have enormous repercussions for Europe as, regardless of the election outcome, the Chancellor will have to deal with major challenges.

     
  • Event
    Rethinking Economic Growth: Working Towards Productive and Inclusive Arab Societies
    Abdelhak Allalat, Mary Kawar, Lahcen Achy, Hicham Attouch, Mohamed Harakat June 4, 2013 Rabat, Morocco

    Arab economies are plagued by unemployment, informal unprotected work, and income disparities. Policymakers need to set the conditions to create productive and inclusive societies and lift the region out of poverty.

     
  • Event
    The Changing Role of Cities in EU Cohesion Policy
    Dorthe Nielsen, Jan Olbrycht, Wladyslaw Piskorz, Shin-pei Tsay, Simon Wilson May 28, 2013 Brussels

    Cities, which account for 75 percent of Europe’s population and generate 85 percent of its GDP, have an important role to play in helping to meet key climate-change and economic targets.

     
  • Op-Ed
    Ukraine Needs Money Not Arms
    Eugene Rumer September 18, 2014 Financial Times

    Ukraine does not need extra arms to fight a war that it cannot win and that can only prolong its suffering. What it needs is economic aid.

     
  • Op-Ed
    Beyond ISIS and Ukraine: What Else Happened This Summer
    Moisés Naím September 16, 2014 Atlantic

    Syria, Ukraine, Gaza, Iraq, ISIS, Ebola—the list of this past summer’s disasters is long. But buried among the tragic headlines and breaking news are other events that attracted less attention but could be just as consequential for global affairs.

     
  • Eurasia Outlook
    EU and Ukraine: What a Mess
    Balázs Jarábik September 15, 2014

    The EU and Ukraine have suspended provisional application of the Deep and Comprehensive Free Trade Agreement (DCFTA) until the end of 2015. Though their decision might look like Putin’s victory, this conclusion is not obvious. It is high time to stop viewing Ukraine through the prism of Russia policy.

     
  • Op-Ed
    “...Not With a Bang but a Whimper”
    Michael Pettis September 14, 2014 China Financial Markets

    Policies that affect the savings rate of a small country can have more-or-less predictable domestic impacts because the global economy is so large that domestic policies are not affected by external constraints. But with a large economy, the analysis changes.

     
  • Event
    Transatlantic Trends 2014
    Constanze Stelzenmüller, Lev Gudkov, Dmitri Trenin September 12, 2014 Moscow

    According to this year’s Transatlantic Trends survey, Russians have an increasingly unfavorable view of the United States and the EU. Americans and Europeans also had more negative outlooks toward Russia in 2014 than previous years.

     
  • Op-Ed
    Can Germany Save Ukraine?
    Dmitri Trenin August 28, 2014 National Interest

    Berlin is critical to any future settlement of the Ukraine crisis. It is too difficult to reach a deal on the settlement, but the absence of any deal deemed minimally acceptable to all sides would steer Europe toward an abyss.

     
  • Op-Ed
    As US, EU Close Doors, China, Russia Open New Ones
    Dmitri Trenin August 24, 2014 Global Times

    Russia’s efforts to find an acceptable place for itself in the U.S.-led Western system have ended in a bitter disappointment. The changing trading patterns point to a new era in Moscow’s foreign relations, in which Sino-Russian relations will be taking center stage.

     
  • Op-Ed
    Can Pedro Sanchez Save the PSOE?
    Michael Pettis August 18, 2014 China Financial Markets

    If Pedro Sánchez Castejón hopes to lead Spain and his party out of its current economic crisis, he must recognize that the crisis is fundamentally a conflict between the interests of Europe’s bankers and of Europe’s workers.

     
  • Eurasia Outlook
    Hot Summer in Ukraine
    Balázs Jarábik August 8, 2014

    Ukraine’s political heat wave will last well into the coming fall and winter—unless Ukraine, the West, and Russia change their current course.

     
  • Eurasia Outlook
    A Battle for Russia
    Dmitri Trenin July 28, 2014

    The Kremlin now sees the U.S. goal as the toppling of the Putin regime. That said, expecting Putin to back off betrays a lack of understanding of the gravity of the situation. It is no longer just a struggle for Ukraine, but a battle for Russia.

     

Carnegie Experts on Economic Instability

  • Cornelius Adebahr
    Associate
    Europe Program

    Adebahr is an associate in the Europe Program at the Carnegie Endowment for International Peace in Washington, DC. His research focuses on European foreign policy.

  •  
  • Amr Adly
    Nonresident Scholar
    Middle East Center

    Adly is a nonresident scholar at the Carnegie Middle East Center, where his research centers on political economy, development studies, and economic sociology of the Middle East, with a focus on Egypt.

  •  
  • Uri Dadush
    Senior Associate
    International Economics Program

    Dadush is a senior associate in Carnegie’s International Economics Program. He focuses on trends in the global economy and is currently tracking developments in the eurozone crisis.

  •  
  • Judy Dempsey
    Nonresident Senior Associate
    Carnegie Europe
    Editor in chief
    Strategic Europe

    Dempsey is a nonresident senior associate at Carnegie Europe and editor in chief of Strategic Europe.

  •  
  • Kheder Khaddour
    Visiting Scholar
    Middle East Center

    Khaddour is a visiting scholar at the Carnegie Middle East Center in Beirut. His research focuses on issues of identity and society in Syria.

  •  
  • Vikram Nehru
    Senior Associate
    Asia Program
    Bakrie Chair in Southeast Asian Studies

    Nehru is a senior associate in the Carnegie Asia Program. An expert on development economics, growth, poverty reduction, debt sustainability, governance, and the performance and prospects of East Asia, his research focuses on the economic, political, and strategic issues confronting Asia, particularly Southeast Asia.

  •  
  • David Rothkopf
    Visiting Scholar

    Rothkopf, author of the recent book Power, Inc.: The Epic Rivalry Between Big Business and Government and the Reckoning that Lies Ahead, served as deputy undersecretary of commerce for international trade policy in the Clinton administration.

  •  
  • Jan Techau
    Director
    Carnegie Europe

    Techau is the director of Carnegie Europe, the European center of the Carnegie Endowment for International Peace. Techau works on EU integration and foreign policy, transatlantic affairs, and German foreign and security policy.

  •  
  • Richard Youngs
    Senior Associate
    Democracy and Rule of Law Program

    Youngs is an expert on the foreign policy of the European Union, in particular on questions of democracy support.

  •  

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