• Research
  • Emissary
  • About
  • Experts
Carnegie Global logoCarnegie lettermark logo
DemocracyIran
  • Donate
{
  "authors": [
    "David Rothkopf"
  ],
  "type": "testimony",
  "centerAffiliationAll": "",
  "centers": [
    "Carnegie Endowment for International Peace"
  ],
  "collections": [],
  "englishNewsletterAll": "",
  "nonEnglishNewsletterAll": "",
  "primaryCenter": "Carnegie Endowment for International Peace",
  "programAffiliation": "",
  "programs": [],
  "projects": [],
  "regions": [
    "North America",
    "United States"
  ],
  "topics": [
    "Security",
    "Military",
    "Economy",
    "Foreign Policy"
  ]
}

Source: Getty

Testimony

A World Transformed: The Great Hollowing Out and the Rise of New Threats

The turmoil of the global economic crisis will beget political turmoil, posing a range of security threats that the U.S. must address carefully and pointedly.

Link Copied
By David Rothkopf
Published on Mar 12, 2009

Source: House Armed Services Committee Hearing

While it is still too early to determine for how long the economic dimensions of the global downturn will continue to challenge leaders and populations worldwide, it is already clear that economic turmoil will inevitably beget political turmoil. In testimony before the House Armed Services Committee, David Rothkopf explained how to look at the different ways that the crisis is likely to impact geopolitics and U.S. national security interests. He presented a taxonomy of threats followed by examples of specific flashpoints around the world.

Rothkopf outlined a range of dire forecasts for the global economy, then elaborated on the ways the crisis will drive destabilization on national, regional, and global scales. Ultimately, the destabilizing effects of the crisis will spark geopolitical tensions with far-reaching impacts. He stressed that the U.S. must choose its priorities carefully and address the most critical issues first.

 The greatest threats associated with the crisis include:

  • The economic and political constraints placed on the United States
     
  • The economic and political constraints placed on the EU, China and other potentially stabilizing actors
     
  • The crisis of confidence in institutions worldwide, and the threats to the international system
     
  • The exacerbation of critical threats associated with proliferation of weapons of mass destruction
     
  • The consequences of protracted crisis for the world’s weakest states
     
  • The threats to weak and weakened states directly impacting U.S. national interests

To address these threats, Rothkopf offered a set of recommendations that could minimize the national security risks posed by the crisis.

Key recommendations for U.S. policy:

  • Be strategic about marshalling and maintaining U.S. Resources (exercise fiscal restraint and rethink defense budgeting)
     
  • Maximize the means of leveraging U.S. power (maintaining critical institutions and alliances)
     
  • Lead a coordinated, proactive global effort to reduce, eliminate or contain threats (beginning with economic threats)
     
  • Maintain a credible deterrent against bad actors
     
  • Recognize the likelihood of crises emerging beyond the Iraq and Afghanistan-Pakistan conflicts that currently preoccupy the U.S.
     
  • Fight the temptation to turn inward at home and abroad

About the Author

David Rothkopf

Former Visiting Scholar

David Rothkopf was a visiting scholar at the Carnegie Endowment as well as the former CEO and editor in chief of the FP Group.

    Recent Work

  • In The Media
    How Bush, Obama, and Trump Ended Pax Americana

      David Rothkopf

  • In The Media
    A Bigger Clubhouse

      David Rothkopf

David Rothkopf
Former Visiting Scholar
David Rothkopf
SecurityMilitaryEconomyForeign PolicyNorth AmericaUnited States

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

More Work from Carnegie Endowment for International Peace

  • Japanese troops take part in a counter-landing live fire exercise as part of the annual Balikatan joint military drills on May 04, 2026 in Laoag, Ilocos Norte province, Philippines.
    Article
    The Two Logics Driving Japan’s Security Policy

    Japan’s revision of its three strategic documents reflects an intention to keep the United States engaged in the region while Japan fills any vacuums of U.S. power to preserve the Indo-Pacific order.

      • Ryo Sahashi

      Ryo Sahashi

  • Two people in blue PPE standing over large metal rolls
    Commentary
    Emissary
    Inside the Global Race to Erode a Battery Manufacturing Monopoly

    Over the past decade, China has moved from marginal player to major producer of all things batteries. The United States, Europe, and others are aiming to balance the market.

      Milo McBride

  • Aerial View of a Geothermal Energy Plant in the Imperial Valley of California near the Salton Sea
    Paper
    A Geothermal and Nuclear Strategy for the U.S. International Development Finance Corporation

    The DFC should focus on advanced, low-carbon energy sources, prioritizing areas where the United States has comparative advantages.

      • Noah J. Gordon

      Noah Gordon, Liana Schmitter-Emerson

  • people watching a huge column of smoke in the distance
    Commentary
    Emissary
    Is the Russia-Ukraine War Vibe Shift Real?

    Media coverage suggests Kyiv’s fortunes have changed. That shift may be important, but it only goes so far.

      Dara Massicot, Aaron David Miller, Andrew S. Weiss

  • Lee and Lula walking
    Commentary
    Emissary
    Why Korea’s President Skipped Washington for Silicon Valley and Brasília

    Lee’s tour shows how Seoul is reorganizing its diplomacy away from Pyongyang and toward industrial networks and the geography of the compute economy.

      Darcie Draudt-Véjares

Get more news and analysis from
Carnegie Endowment for International Peace
Carnegie global logo, stacked
1779 Massachusetts Avenue NWWashington, DC, 20036-2103Phone: 202 483 7600
  • Research
  • Emissary
  • About
  • Experts
  • Donate
  • Programs
  • Events
  • Blogs
  • Podcasts
  • Contact
  • Annual Reports
  • Careers
  • Privacy
  • For Media
  • Government Resources
Get more news and analysis from
Carnegie Endowment for International Peace
© 2026 Carnegie Endowment for International Peace. All rights reserved.