The Global Economic Crisis: and Potential Implications for Foreign Policy and National Security

Overview

Aspen Policy Books is a series devoted to developing new thinking on U.S. national security policy. This book, a collection of papers prepared for the 2009 summer Aspen Strategy Group conference, addresses the critical intersection of the global financial recession and its potential impact on America's foreign policy and national security. The authors explore the possible shift in global power, the changing relationship between the U.S. and China, and the impact on America's development policy. They also assess ...

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The Global Economic Crisis and Potential Implications for Foreign Policy and National Security

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Overview

Aspen Policy Books is a series devoted to developing new thinking on U.S. national security policy. This book, a collection of papers prepared for the 2009 summer Aspen Strategy Group conference, addresses the critical intersection of the global financial recession and its potential impact on America's foreign policy and national security. The authors explore the possible shift in global power, the changing relationship between the U.S. and China, and the impact on America's development policy. They also assess the capacity of domestic and international institutions to respond to the crisis.

Contents:

Part 1: Historical Perspectives and Current Conditions

1. Economic Conditions and U.S. National Security in the 1930s and Today

2. Pulling Back from the Crisis: A Roadmap for the Future of the American Economy

Part 2: Predictions on the Course and Extent of the Global Economic Crisis and Its Larger Implications

3. Global Recession and National Security

4. Rebalancing Economic Engagement: The Foreign Policy Consequences

5. Sustaining the Recovery and Containing the Deficit: A Balancing Act for Policy

Part 3: Are Institutions Ready for the Challenge?

6. Interdependence, Global Issues Management, and Global Economic Governance

7. Picking up the Pieces: The Global Crisis and Implications for U.S. Economic Policymaking

Part 4: Consequences for Development and Democracy

8. Priorities for Progress: Security and Development at a Time of Global
Economic Turmoil

9. The Impact of the Global Financial Crisis on Democracy

Part 5: Concluding Observations

10. Summary of the Aspen Strategy Group Deliberations

Contributors include Richard Cooper (Harvard University), Kemal Dervis¸ (Brookings Institution), Martin Feldstein (Harvard University), Michael Green (Center for Strategic and
International Studies), David Leonhardt (New York Times), Sylvia Mathews Burwell (Bill and Melinda Gates Foundation), David McCormick (Carnegie Mellon's Heinz College), Laura Tyson (University of California–Berkeley), and Bruce Stokes (National Journal).

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Product Details

  • ISBN-13: 9780898435153
  • Publisher: The Aspen Institute
  • Publication date: 2/18/2010
  • Pages: 162
  • Product dimensions: 6.30 (w) x 9.00 (h) x 0.10 (d)

Meet the Author

R. Nicholas Burns is Professor in the Practice of Diplomacy and International Politics at the Harvard Kennedy School. He is a former under secretary of state for political affairs (2005–08), ambassador to NATO (2001–05), and ambassador to Greece (1997–2001).

Jonathon Price is the associate director of the Aspen Strategy Group.

Joseph S. Nye Jr. is University Distinguished Service Professor at the Harvard Kennedy School and a former assistant secretary of defense for international security affairs and chair of the National Intelligence Council.

Brent Scowcroft, president of the Scowcroft Group, served as national security adviser to Presidents Ford and George H.W. Bush.

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Table of Contents

Foreword Joseph S. Nye, Jr. Brent Scowcroft 9

Preface Nicholas Burns 11

Part 1 Historical Perspectives and Current Conditions

Chapter 1 Economic Conditions and U.S. National Security in the 1930s and Today Martin Feldstein 19

Chapter 2 Pulling Back from the Crisis: A Roadmap for the Future of the American Economy David Leonhardt 35

Part 2 Predictions on the Course and Extent of the Global Economic Crisis and its Larger Implications

Chapter 3 Global Recession and National Security Richard N. Cooper 49

Chapter 4 Rebalancing Economic Engagement: The Foreign Policy Consequences Bruce Stokes 59

Chapter 5 Sustaining the Recovery and Containing the Deficit: A Balancing Act for Policy Laura D. Tyson 77

Part 3 Are Institutions Ready for the Challenge?

Chapter 6 Interdependence, Global Issues Management, and Global Economic Governance Kemal Derviş 93

Chapter 7 Picking up the Pieces: The Global Crisis and Implications for U.S. Economic Policymaking David McCormick 105

Part 4 Consequences for Development and Democracy

Chapter 8 Priorities for Progress: Security and Development at a Time of Global Economic Turmoil Sylvia Mathews Burwell 123

Chapter 9 The Impact of the Global Financial Crisis on Democracy Michael J. Green 139

Part 5 Concluding Observations

Chapter 10 Summary of the Aspen Strategy Group Deliberations Nicholas Burns 157

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