Hariri Center Director Michele Dunne and Senior Fellow Amy Hawthorne reflect on US policy toward the Middle East and North Africa in the two years since President Barack Obama promised to make it a top priority to support democracy and human rights in the region.
J. Peter Pham, director the Atlantic Council’s Michael S. Ansari Africa Center, was one of four experts invited to address a high-level international conference on the crisis in the Sahel region convened today in The Hague.
Rudolph Atallah, senior fellow in the Atlantic Council’s Michael S. Ansari Africa Center, testified at a House of Representatives Committee on Foreign Affairs hearing on “The Growing Crisis in Africa’s Sahel Region.”
On the heels of Canadian Prime Minister Stephen Harper’s visit to the United States, Energy & Environment Program Associate Director Mihaela Carstei joins CTV to discuss the Keystone Pipeline project that would transport tar sands oil from Canada and the northern United States to refineries in the Gulf coast of Texas.
Tim Adams, Managing Director of the Lindsey Group and former Under Secretary of Treasury for International Affairs, spoke about the role of China in the global economic recovery for an Atlantic Council conference call. Adams is a member of the Council's Board of Directors and its Business and Economics Advisors Group.
His call was part of the Mapping the Economic and Financial Future Series, a lecture series featuring high-level business leaders and economic policymakers from the U.S. and Europe hosted by the Atlantic Council’s Global Business and Economics Program. Alexei Monsarrat, Director of the Global Business and Economics Program, moderated the discussion.
Having just returned from China, Adams addressed in candid detail the challenges of the financial crisis and the possibility of Chinese economic growth driving the recovery. He focused the discussion on the sustainability of recent Chinese growth and its effects on both the U.S. and global recovery.
Adams also provided insight into U.S. Treasury Secretary Timothy Geithner’s recent visit to China and his calls for the U.S. and China to work together towards “a more balanced and sustainable global recovery [requiring] changes in the composition of growth in our two economies,” and for China to make a “substantial shift from external to domestic demand.”
In the face of a global recession and shrinking demand, economists and policymakers are questioning the sustainability of China’s export-led growth model. Yet, eonomic data released on June 1 show that manufacturing activity in China has expanded for the third consecutive month. Moreover, there are signs that Beijing’s $586 billion stimulus is helping to stoke a recovery and increase domestic demand. The major stock market indices in Hong Kong and Shanghai have also jumped back from March’s lows at a much faster pace than their European and U.S. counterparts. As Chinese economic growth picks up steam, U.S. markets are looking increasingly to China’s strength to continue the rally and lead the world out of recession.
Podcast (MP3, 1 hour):
Related Atlantic Council Economic Analysis:
- Nancy Birdsall: Congressional Testimony on the Financial Crisis
- Tim Adams: Congressional Testimony on the G20
- G20 Report: Stimulus and Regulation Compromise Needed
Mapping the Economic and Financial Future Series:
- EU Commissioner Charlie McCreevy: Regulating Financial Markets in Crisis
- Youssef Boutros Ghali Discusses IMF, Economic Crisis
- Josef Ackermann on the Global Economic and Financial Crisis
- Kroes Speaks on Economic Crisis
The Mapping the Economic and Financial Future Series is generously supported by Deutsche Bank.
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On May 23, the Atlantic Council’s Middle East Peace and Security Initiative at the Brent Scowcroft Center on International Security is hosting a panel discussion on new developments in security cooperation among the United States, its European allies, and the Gulf states, and how they are likely to evolve in the coming years.
On May 30, the Atlantic Council’s South Asia Center will release a new issue brief, The Kaleidoscope Turns Again in a Crisis-Challenged Iran, a discussion of Iran’s upcoming presidential elections.
From June 13-14, the 2013 Wrocław Global Forum will bring together over 350 top policy-makers and business leaders to explore the region’s impact as an actor in Europe, as well as its crucial role in the transatlantic partnership and on the global stage.