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- Students will examine free trade and how globalization factors into the production of common items like clothing.
- Students will write a letter providing a recommendation on where to manufacture an item along with the reasons behind their argument.
- Students will debate the use of various economic tools as part of achieving foreign policy goals in hypothetical situations.
- Students will be able to explain the reasons behind the establishment of the Liberal World Order.
- Students will be able to identify major institutions and structures that shape global governance.
- Students will understand what a trade deficit is as well as the impact they can have on countries.
- Students will debate the pros and cons of trade between the U.S. and China using the history of Chinese accession in the WTO as a lens.
In The Globalization Myth: Why Regions Matter, CFR Vice President, Deputy Director of Studies, and Nelson and David Rockefeller Senior Fellow for Latin America Studies Shannon K. O'Neil offers a powerful case for why regionalization, not globalization, has been the biggest economic trend of the last forty years.
In his new book, State Capitalism: How the Return of Statism is Transforming the World, Council on Foreign Relations Senior Fellow for Southeast Asia Joshua Kurlantzick analyzes the rise in state capitalism in developing nations, including China, Russia, Singapore, Thailand, Malaysia, Indonesia, Brazil, and South Africa, among other states. He defines state capitalism as situations in which governments control or exert significant influence over at least one-third of the largest corporations in a country.
Today, nations increasingly carry out geopolitical combat through economic means. Policies governing everything from trade and investment to energy and exchange rates are wielded as tools to win diplomatic allies, punish adversaries, and coerce those in between. Not so in the United States, however. America still too often reaches for the gun over the purse to advance its interests abroad. The result is a playing field sharply tilting against the United States.
In this book, CFR Senior Fellow Benn Steil and Robert E. Litan explore the efficacy of American efforts toward what they have coined "financial statecraft," or those aspects of economic statecraft directed at influencing international capital flows. Teaching notes by Dr. Steil.
In this book, Edward J. Lincoln examines economic regionalism in East Asia and its implications for U.S. policy in the region. Teaching notes by the author.