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31. The Danger of Divergence: Transatlantic Cooperation on Financial Reform

Publication Date:
10-2010
Content Type:
Working Paper
Institution:
Atlantic Council
Abstract:
Two years after the collapse of Lehman Brothers sparked a meltdown of the global financial system, we are at a crucial point that calls for us to step back and examine our progress in the effort to redesign the rules governing global financial markets. The immediacy of the crisis has passed, allowing for clearer analysis of the manifold causes and an evaluation of how the reforms that have been put in place match up with those causes. At the same time, the urgency of the process has not yet entirely dissipated and it is not too late to fill in any holes or to resolve conflicts created by differing approaches around the world.
Topic:
Economics, International Cooperation, International Trade and Finance, and Markets
Political Geography:
United States and Europe

32. New Transatlantic Compact for NATO

Author:
Kurt Volker
Publication Date:
12-2009
Content Type:
Policy Brief
Institution:
Atlantic Council
Abstract:
Twenty years after the fall of the Berlin Wall, NATO stands at a crossroads. Will it reinvent itself yet again, to serve as the foundation for the security and defense of Europe and North America in a world of diverse, non-conventional threats, many of which come from outside of Europe? Will it return to a passive, geographically defined approach of protecting the territory of European Allies against armed attack? Will it merge these visions into a new hybrid? Will it retain the political will and resource commitments of its members, whether in Europe or North America?
Topic:
NATO, International Cooperation, and Reform
Political Geography:
Europe and North America

33. Alliance Reborn: An Atlantic Compact for the 21st Century

Author:
Hans Binnendijk, Julianne Smith, Daniel Hamilton, Charles Barry, Stephen Flanagan, and James Townsend
Publication Date:
01-2009
Content Type:
Working Paper
Institution:
Atlantic Council
Abstract:
We have an open but fleeting moment to forge a more effective Atlantic partnership. We must seize it now. European and North American allies have allowed their relations to become discordant, yet the times demand vigor and unity. Courageous decisions need to be taken to breathe new life and relevance into the Atlantic partnership, which must be recast to tackle a diverse range of serious challenges at home and abroad.
Topic:
International Cooperation, Border Control, and Reform
Political Geography:
Europe, North America, and Atlantic Ocean

34. Renewing Globalization and Economic Growth in a Post-Crisis World The Future of the G-20 Agenda

Author:
Alexei Monsarrat and Kiron K. Skinne
Publication Date:
09-2009
Content Type:
Working Paper
Institution:
Atlantic Council
Abstract:
This statement, delivered by Federal Reserve Chairman Bernanke in the understated manner of a central banker, was made nearly a year after the collapse of Lehman Brothers—the event that tipped the global financial system into full crisis. Bernanke's message starkly reveals the scope of the challenge facing the stewards of the global economy.
Topic:
Economics, International Cooperation, International Trade and Finance, and Financial Crisis

35. Resetting the Transatlantic Economic Council

Author:
Annette Heuser and Frances Burwell
Publication Date:
10-2009
Content Type:
Working Paper
Institution:
Atlantic Council
Abstract:
This memo is a joint effort of the Bertelsmann Foundation and the Atlantic Council and is intended as a contribution to advancing the integration of the trans‐Atlantic economy. This project was conceived as a blueprint for the Transatlantic Economic Council (TEC) on the occasion of the October meeting.
Topic:
International Relations, Climate Change, Economics, International Cooperation, and International Trade and Finance

36. Forging a Strategic U.S.-EU Partnership

Publication Date:
12-2009
Content Type:
Working Paper
Institution:
Atlantic Council
Abstract:
The world that created the transatlantic partnership is fading fast. The United States and Europe must urgently reposition and recast their relationship as a more effective and strategic partnership. It is a moment of opportunity -- to use or to lose. With the Cold War over and new powers rising, some say the transatlantic partnership has had its day. We disagree. Our achievements may not always match our aspirations, but the common body of accumulated principles, norms, rules and procedures we have built and accumulated together -- in essence, an acquis Atlantique -- affirms basic expectations we have for ourselves and for each other. In this new world of global connections, the transatlantic relationship is the thickest weave in the web. The deep integration of our democratic societies and economies is unparalleled and transcends neat “foreign” and “domestic” distinctions. We are literally in each other's business. North America's relationship with Europe enables each of us to achieve goals together that neither can alone -- for ourselves and for the world. When we agree, we are usually the core of any effective global coalition. When we disagree, no global coalition is likely to be very effective. The transatlantic partnership, while indispensable, is also insufficient. Only by banding together with others are we likely to advance our values, protect our interests, and extend our influence. Our partnership remains as vital as in the past. But now we must focus on a new agenda. Together, Europe and America must surmount immediate economic challenges while positioning their economies for the future; build transatlantic resilience -- protect our societies, not just our territory; continue work toward a Europe whole, free, and at peace; address conflicts more effectively; redouble efforts to halt proliferation of agents of mass destruction; reinvigorate efforts to preserve a habitable planet. Unfortunately, there is a growing mismatch between the nature of our challenges, the capacity of our institutions, and the tools at our disposal. Strong bilateral relations between the U.S. and European countries are still essential. NATO remains vital to our security. We offer views on NATO's future in a companion volume, Alliance Reborn. But we must also recast and reposition the U.S.-EU relationship. That is the subject of this report. The U.S.-EU relationship is important but not strategic. Such a partnership is possible, but it is not the partnership we have today. Given the challenges we face, such a partnership is urgent. It will require a new type of politics, not simply new kinds of process. Our central challenge is to mobilize political leadership behind a set of ambitious goals, tied to pragmatic steps forward.
Topic:
Economics, International Cooperation, and International Security
Political Geography:
United States and Europe

37. Restoring Georgia's Sovereignty in Abkhazia

Author:
David L. Phillips
Publication Date:
07-2008
Content Type:
Policy Brief
Institution:
Atlantic Council
Abstract:
This report evaluates the international community's response to the conflict in Abkhazia. It recommends a package of immediate measures to the Georgian and Abkhaz sides to prevent the escalation of violence. As part of a multi-year strategy, it also suggests steps that Georgians, Abkhaz, and international stakeholders can take to lay the ground for future negotiations. In addition, the report proposes a diplomatic initiative by the United States and the European Union (EU) that would restore Georgia's sovereignty, while preserving the interests of Abkhaz.
Topic:
Conflict Resolution, International Cooperation, Sovereignty, and War
Political Geography:
Russia, Eastern Europe, Georgia, and Abkhazia

38. U.S.-China Cooperation on Clean and Efficient Transportation

Publication Date:
05-2008
Content Type:
Policy Brief
Institution:
Atlantic Council
Abstract:
Because of their significant contribution to global demand for improved living standards, meaningful actions by the United States and China on transportation and energy will be important in any effort to reduce global consumption of traditional energy sources. Together the United States and China consume 40% of the world's energy and are responsible for 50% of the world's greenhouse gas emissions. Given their economic size and impact on global markets, it is imperative that the U.S. and China join in a mutually beneficial process.
Topic:
Energy Policy, Environment, International Cooperation, and Political Economy
Political Geography:
United States and China

39. U.S.-China Energy Security Cooperation Dialogue Report

Publication Date:
06-2007
Content Type:
Policy Brief
Institution:
Atlantic Council
Abstract:
The Atlantic Council of the United States and the China Institutes of Contemporary International Relations organized the first "U.S.-China Energy Security Cooperation Dialogue," held in Beijing on 31 October-1 November 2006. Conference participants included foreign policy analysts and energy experts from the U.S. and Chinese governments, international organizations, non-governmental organizations, and universities in both the United States and China. The agenda covered a broad spectrum of energy and energy-related geopolitical issues, including long-range forecasts for energy supply and demand, energy sources ranging from oil and gas to coal, nuclear and renewables.
Topic:
Climate Change, Energy Policy, and International Cooperation
Political Geography:
United States, China, Beijing, and Asia

40. The New Partnership: Building Russia-West Cooperation on Strategic Challenges

Author:
Frances G. Burwell
Publication Date:
04-2005
Content Type:
Policy Brief
Institution:
Atlantic Council
Abstract:
By the beginning of 2005, the improvement in relations between Russia and the West had lost momentum and come to a standstill, as serious concerns emerged in the United States and Europe about developments in Russia. European and U.S. commentators who disagree over economic policies and Iraq find themselves in broad critical consensus about Russian political and economic evolution. Will the term that has been moribund since the death of the Cold War — “containment” — emerge as an option for those in the United States and Europe making policy toward Russia? Already some argue for isolating Russia from Ukraine, Georgia, and other former Soviet republics; will they encourage the building of a new fence around Russia? Or will there be a new effort at engagement, albeit one that is more cautious about Russia's future in the West?
Topic:
Cold War, Development, and International Cooperation
Political Geography:
Russia, United States, Europe, and Asia