C.V. Starr Senior Fellow and Director for Asia Studies
Chinese domestic and foreign policy; U.S.-China relations; global environmental issues.
Elizabeth Economy is the C.V. Starr senior fellow and director for Asia studies at the Council on Foreign Relations.
Dr. Economy has published widely on both Chinese domestic and foreign policy. Her most recent book, with Michael Levi, is By All Means Necessary: How China's Resource Quest is Changing the World (Oxford University Press, 2014). She is the author of The River Runs Black: The Environmental Challenge to China's Future (Cornell University Press, 2004; 2nd edition, 2010; Japanese edition, 2005; Chinese edition, 2011), which was named one of the top 50 sustainability books in 2008 by the University of Cambridge, won the 2005 International Convention on Asia Scholars Award for the best social sciences book published on Asia, and was listed as one of the top ten books of 2004 by the Globalist as well as one of the best business books of 2010 by Booz Allen Hamilton's strategy+business magazine. She also coedited China Joins the World: Progress and Prospects (Council on Foreign Relations Press, with Michel Oksenberg, 1999) and The Internationalization of Environmental Protection (Cambridge University Press, with Miranda Schreurs, 1997). She has published articles in foreign policy and scholarly journals including Foreign Affairs, Harvard Business Review, and Foreign Policy, and op-eds in the New York Times, the Washington Post, and the Wall Street Journal, among others. Dr. Economy is a frequent guest on nationally broadcast television and radio programs, has testified before Congress on numerous occasions, and regularly consults for U.S. government agencies and companies. She writes about topics involving China on CFR's Asia Program blog, Asia Unbound, which is syndicated by Forbes.com.
Dr. Economy serves on the board of managers of Swarthmore College and the board of trustees of the Asia Foundation. She is also on the advisory council of Network 20/20 and the science advisory council of the Stockholm Environment Forum. She is a member of the World Economic Forum (WEF)'s Global Agenda Council on the United States and served as a member and then vice chair of WEF's Global Agenda Council on the Future of China from 2008 to 2014. Dr. Economy has also served on the board of the China-U.S. Center for Sustainable Development. She has taught undergraduate and graduate level courses at Columbia University, Johns Hopkins University's Paul H. Nitze School of Advanced International Studies, and the University of Washington's Jackson School of International Studies.
Dr. Economy received her BA from Swarthmore College, her AM from Stanford University, and her PhD from the University of Michigan. In 2008, she received an honorary doctor of laws degree from Vermont Law School. She lives in New York City with her husband and three children.
Chinese President Xi Jinping has articulated a simple but powerful vision: the rejuvenation of the Chinese nation. It is a patriotic call to arms, drawing inspiration from the glories of China's imperial past and the ideals of its socialist present to promote political unity at home and influence abroad. After just two years in office, Xi has advanced himself as a transformative leader, adopting an agenda that proposes to reform, if not revolutionize, political and economic relations not only within China but also with the rest of the world. To do so, he has positioned himself as the head of numerous committees and leading groups on economic reform, the military, and foreign policy, made tackling anti-corruption his signature issue, and sought to eliminate alternative political voices. Meanwhile, he is attempting to reestablish China as a global power, constructing institutions, infrastructure, and initiatives to implement Beijing's more muscular foreign policy. For the United States and much of the rest of the world, Xi's China provokes two different reactions: excitement about what a stronger, less corrupt China could achieve, and significant concern over the challenges an authoritarian, militaristic China might pose to the U.S.-backed liberal order. My work will result in a book exploring these developments and their implications for the United States and the world.
The Obama administration's rebalance, or "pivot," to Asia has placed the region at the forefront of U.S. foreign policy. Washington is shoring up its alliances and committing greater military force to Asia, while at the same time is attempting to deepen economic engagement, most notably through the Trans-Pacific Partnership. But amid these commitments, shifting regional dynamics are forcing the United States to reassess its strategy toward Asia. China, eager to establish its primacy in the region, is more assertive as its economic growth gives rise to greater political influence and military might. Democratic transitions in Myanmar and Indonesia have been mirrored by the return of authoritarian tendencies in Thailand and Malaysia. In Northeast Asia, North Korea remains its obstinate, mercurial self, while Japan and South Korea, two of Washington's most reliable allies, remain distrustful of each other. How can the United States deal with these myriad issues? What are U.S. national interests in Asia, and how should Washington advance them? I will address these questions and more during meetings of the U.S.-Asia Update Roundtable Series and on the Asia Studies' blog, Asia Unbound.
The emergence of China and more recently, India, has reshaped relations and produced a broader area of economic integration in Asia. Even in southern Asia, where the strategic triangle of China, India, and Pakistan has resulted in flashpoints and suspicions, both India and China have kept their sights on increasing trade and economic growth as a security imperative for the long term. However, southern Asia's security, political, and economic foundations face stresses that could profoundly alter its evolution, usher in the return of geopolitics, and reshape political and economic relations globally. This two-year project, generously funded by the MacArthur Foundation, will explore potential flashpoints and promising areas for cooperation among China, India, and Pakistan—and identify areas where the United States can help. Over the next two years, I will explore these issues with my colleagues Alyssa Ayres and Dan Markey in a roundtable series and several publications. The project will culminate in a capstone symposium and a Council report in 2016.
The Project on the New Geopolitics of China, India, and Pakistan is made possible by a grant from the MacArthur Foundation.
China's pursuit of natural resources is restructuring markets, pushing up commodity prices, and transforming resource-rich economies. Elizabeth C. Economy and Michael Levi explore the unrivaled expansion of the Chinese economy and the global effects of its meteoric growth.
See more in China; Energy and Environment; Globalization
Xi Jinping's reforms are designed to produce a corruption-free, politically cohesive, and economically powerful one-party state with global reach: a Singapore on steroids. But there is no guarantee the reforms will be as transformative as the Chinese leader hopes, says Elizabeth Economy.
See more in China; Presidents and Chiefs of State
Xi Jinping's reforms are designed to produce a corruption-free, politically cohesive, and economically powerful one-party state with global reach: a Singapore on steroids. But there is no guarantee the reforms will be as transformative as the Chinese leader hopes, says Elizabeth Economy.
See more in China; Presidents and Chiefs of State
China's leaders have made a renewed call for rule of law reforms, but it is important to stress the ruling Communist Party remains above the law, says CFR's Elizabeth C. Economy.
See more in China; Rule of Law; Economics
The United States should consider joining the new China-led Asian Infrastructure Investment Bank as a means of guaranteeing that it matches financing strength with sustainable environmental practices, says Elizabeth Economy.
See more in China; United States; Environmental Policy; International Finance
While this most recent round of demonstrations has captured the world's attention, mass protests are common and have long been part of the city's political landscape.
See more in China; Political Movements and Protests
On the twenty-fifth anniversary of the Tiananmen Square crackdown, Elizabeth Economy writes that the Chinese government needs to openly address the events of June 4, 1989, to claim the legitimacy it desires at home and the leadership it seeks abroad.
See more in China; Political Movements and Protests
See more in China; Vietnam; Territorial Disputes; Oil
Increasingly frequent clashes between China and its neighbors heighten the risk of escalating tensions and military conflict over territorial claims in the East and South China Seas. Policy experts discuss a range of preventive measures aimed at mitigating miscalculations by sea captains or political leaders that could trigger an armed conflict.
See more in Asia and Pacific; Conflict Prevention
The East and South China Seas are the scene of escalating territorial disputes between China and its neighbors, including Japan, Vietnam, and the Philippines. The tensions, shaped by China's growing assertiveness, have fueled concerns over armed conflict and raised questions about Washington's security commitments in its strategic rebalance toward the Asia-Pacific region.
See more in Asia and Pacific; Defense and Security
Though strategists have long feared that China's quest for natural resources would lead to ever-higher prices, a breakdown in trade, and perhaps even wars, Elizabeth Economy and Michael Levi write that a stunning WTO rebuke of Chinese exports restrictions shows that the global system is far more resilient than the worriers have claimed.
See more in China; Energy and Environment
Elizabeth Economy discusses her reasons for writing By All Means Necessary, reveals the most surprising insights from her research, and digs into the impact of Chinese resource projects abroad.
See more in China; Energy and Environment; Politics and Strategy
The current state of U.S.-China relations would appear to be in disarray—a number of high-profile efforts at cooperation have fallen short, and domestic politics in both countries offer little reason for hope. But even though there have not been any major breakthroughs, small accomplishments can nonetheless be significant, says Elizabeth Economy, building a strong foundation to the bilateral relationship.
See more in China; Diplomacy and Statecraft
China's premier declared a "war on pollution" at the National People's Congress, responding to the Chinese public's distress over the state of the country's environment. Though the government announced an array of new targets and measures, Elizabeth Economy argues that Beijing must move beyond bold promises of change and initiate real environmental reform.
"The United States, the European Union, Japan, and Canada, among many other countries, have long been deeply involved in assisting China's environmental protection effort. The question is not what more the outside world needs to do but what Beijing is prepared to do."
See more in China; Energy and Environment
China's pursuit of natural resources is restructuring markets, pushing up commodity prices, and transforming resource-rich economies. Elizabeth C. Economy and Michael Levi explore the unrivaled expansion of the Chinese economy and the global effects of its meteoric growth.
See more in China; Energy and Environment; Globalization
Experts weigh in on what happened to Obama's Asia "pivot" in 2013, and give their projections of what 2014 will bring for regional policy.
See more in China; Japan; Politics and Strategy
China's Third Plenum failed to clarify how the country's new leadership will advance economic reforms in the years ahead, says CFR's Elizabeth Economy.
See more in China; Global Governance
Environmental activists have long been at the forefront of civil society development in China, despite the resistance of the Chinese leadership. But given the high importance of pollution to the Chinese people, it is time for Beijing to rethink its top-down approach to environmental governance, says Elizabeth Economy.
See more in China; Environmental Policy
After President Obama's cancelled trip to Asia this month, some analysts have posited that the U.S. pivot to Asia is dead. Not so fast, argues Elizabeth Economy. This assessment represents a fundamental misunderstanding of U.S. policy, and the United States still has multiple interests in the Asia Pacific.
See more in Asia and Pacific; Politics and Strategy
In a section of this week's "Saturday Essay" in the Wall Street Journal, Elizabeth Economy says that China has been critical of the United States' Syria policy, hoping to highlight U.S. weakness and signal the onset of a power transition in the international system. However, she argues, China's observations about U.S. indecisiveness and Russian leadership only serve to emphasize China's inability to find its own diplomatic legs.
See more in China; Syria; Politics and Strategy; Defense and Security
The China and the Economy Roundtable Series is an ongoing series that will bring together a select group of economists, business leaders, and China experts to discuss what we know, don't know, and need to know about China's economy. Each session will focus on a different area of economic concern for China's leadership, such as the development of the service sector, the Chinese banking system, angel financing and venture capital, trends in the state-owned enterprise sector, and urbanization.
This series is made possible through generous support from the Starr Foundation.
The U.S.-Asia Update Roundtable Series is an ongoing series that provides a forum for the discussion of the major issues that shape Chinese domestic policies and that have an impact on the U.S. relationship with China and the rest of the region. The Roundtable cosponsors events with the Council’s General Meetings and Corporate programs. Recent sessions have included speakers such as Michael Green, Special Assistant to the President for National Security Affairs; Major General Karl Eikenberry; and Randall Schriver, Deputy Assistant Secretary of State for East Asian and Pacific Affairs. Approximately six sessions are held each program year.
This series is made possible through generous support from the Starr Foundation.
This meeting is on the record.
This meeting is on the record.
This meeting is on the record.
This meeting is on the record.
This meeting is on the record.
This meeting is on the record.
This meeting is on the record.
This meeting is not for attribution.
This meeting is on the record.
This meeting is not for attribution.
Interview begins at 24:14
58 East 68th Street
New York, New York
CFR C.V. Starr Senior Fellow and award-winning author of The River Runs Black: The Environmental Challenges to China's Future.
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| William Piekos |
In By All Means Necessary, Elizabeth C. Economy and Michael Levi explore the unrivaled expansion of the Chinese economy and the global effects of its meteoric growth.
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