Atlantic Council

The rise in attractiveness of “State Capitalism” development models is cited as a potential consequence of the increasing economic power of Russia and particularly China in the latest report from the National Intelligence Council,  Global Trends 2025: A Transformed World.

Mansoor Ijaz, a member of the Atlantic Council's board of directors, published "A Dagger in the Heart of Indian Commerce" in Barron's today.

The full text is provided below as a courtesy to Council members.

Robert Hutchings, a member of the Atlantic Council's board of directors and its Strategic Advisors Group, published an op-ed in today's Washington Post entitled "A Global Grand Bargain."

Will this weekend's G20 summit really be "Bretton Woods II?"  The answer from Europe (like the U.S.) seems to be no. 

OPERATOR:   This is a recording of the Michael Safianik Teleconference with The Atlantic Council of the U.S. scheduled for Wednesday October 29, 2008 at 11:30 a.m. Eastern.

Excuse me everyone, we now have The Atlantic Council President and CEO Fred Kemp, and Financial Times Chief Economic Commenter, Columnist and Associate Publisher Martin Wolf in conference.

Martin Wolf, the chief economics commentator at the Financial Times, told an Atlantic Council audience earlier today that the global financial crisis has  "re-emphasized the centrality of the U.S. dollar as a currency" and demonstrated once again that "when things go really badly lots of people want go to the U.S. even if U.S. is why, even in part, things are going so badly."

Martin Wolf, chief economics commentator and associate editor of the Financial Times, believes the West, and particularly the United States, will actually emerge as more dominant financial actors as a result of the ongoing financial crisis.  While somewhat ironic, given that U.S. excesses led to the crisis, he sees the dollar and Euro strengthening their hold on the global economy as investors seek to weather the storm.

Don’t look now, but much about last week’s Asia-Europe Summit (ASEM) – from its remedies for the financial meltdown to its obscurity in the U.S. – spoke volumes about emerging multipolarity and the historic shift in global power.  Was America watching?

Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, spoke to an audience of Atlantic Council members for the inaugural Global Leadership Series event in New York.  The speech also served as the kickoff for the 79th meeting of the British-North American Committee (BNAC).

Bret Stephens notes that there has been a steady stream of American decline commentary, especially from our friends in Europe, in recent weeks and that  much of it brims with "ill-disguised glee."