Report Launch: Navigating a Reset of the Global Economic Order
Description
The Potomac Institute for Policy Studies provides trusted, nonpartisan analysis and policy recommendations needed to address society's most profound challenges, for today and tomorrow. The Potomac Institute, along with Texas A&M University, recently convened representatives from government, industry, and academia to discuss: "Navigating a Reset of the Global Economic Order" at the fifth annual Economic Statecraft Summit. Held amidst a government shutdown, the Summit focused on identifying and understanding major evolutionary issues associated with economic statecraft over the last 18 months.
Among their observations, our researchers identified three major paradigm shifts found below, and developed policy recommendations:
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Economic Security is National Security: The line between commercial activity and national defense has vanished. The use of tariffs, export controls on AI-enabling hardware (like advanced semiconductors), and targeted industrial policy are increasingly core foreign policy tools.
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The Rise of State Intervention: The global economy is trending away from an open, market-driven system toward one marked by greater state activism. This has led to a strategic landscape of disruption and volatility, which our policymakers and private sector firms must learn to navigate.
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The Private Sector is the Front Line: Private companies and their investment decisions are now critical front-line actors in economic competition. They need clearer, unified signaling from the US government to harmonize their business goals with national security objectives.
Moderator:
Madeline Field, Assistant Editor, War on the Rocks
Speakers:
Dr. Tim Welter, Senior Research Fellow, Potomac Institute for Policy Studies
Dr. Will Norris, Associate Professor, The Bush School at Texas A&M University
Please join us on December 16th at 11:00 AM EST for the webinar where the final Summit Report will be released sharing key findings and policy recommendations.