The armed forces champion a form of capitalism that is generating revenue, but its reliance on rent faces diminishing returns, leaving the country with massive sunk costs and deferred returns, deepening dependency on external borrowing.
Yezid Sayigh
This book explores corporate self-regulation on an international level across three different policy issues—environment, labor, and information privacy.
Source: Washington

Virginia Haufler directed the Project on the Role of the Private Sector in International Affairs at the Carnegie Endowment. She is associate professor at the University of Maryland, College Park.
"Anyone seeking to become better-informed about the changing role of business in the modern world should read this book."
—Debora L. Spar, Harvard Business School
"Breaks new ground in explaining the nature of industry self-regulation in today's globalizing economy. The rich case material makes this book essential reading for understanding the role of business in the 21st century."
—Georg Kell, UN Office of the Global Compact
"Offers a useful framework for assessing the drivers and mechanisms for industry self-regulation and poses a set of questions that policy makers, business leaders, activists, and academics cannot afford to ignore."
—Jane Nelson, International Business Leaders Forum
Former Visiting Scholar
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.
The armed forces champion a form of capitalism that is generating revenue, but its reliance on rent faces diminishing returns, leaving the country with massive sunk costs and deferred returns, deepening dependency on external borrowing.
Yezid Sayigh
Networks—from international payments platforms to key economic sectors—underlie many aspects of U.S. power. But they are suffering under an extractive approach to foreign policy.
Daniel W. Drezner
Middle powers in the region will keep hedging between Washington and Beijing. It’s in the great powers’ interests to play along.
Amr Hamzawy, Kathryn Selfe
The future of American economic power will be determined by the interplay between Trump’s ambitions and the global backlash against them, as well as economic developments outside the direct control of the government, such as advances in AI.
Peter Harrell
As geopolitical rivalry weaponizes global supply chains, the EU’s true vulnerability lies in emerging-risk imports. For these goods, suppliers are growing more concentrated, substitution more difficult, and political risk is looming.
Sinan Ülgen