Atlantic Council

About: Atlantic Council is a government organization based out in Washington D.C., District of Columbia, United States. It is known for research contribution in the topics: Politics & European union. The organization has 55 authors who have published 94 publications receiving 833 citations. The organization is also known as: The Atlantic Council of the United States & Atlantic Council of the United States.

3D Printing: New Economic Paradigms and Strategic Shifts

Abstract: 3D printing (3DP) is a classic disruptive technology that is likely to have a huge and widespread impact on the world. This revolutionary technology is likely to dramatically change business models, shift production location, shrink supply chains, and alter the global economic order, potentially degrading the importance of the Asian export manufacturing platforms and revitalizing the US innovation engine and the US economy. In the process, 3DP will change the ‘global operating environment’ for policy makers as well as business and labor. 3DP is already a proven ‘general purpose’ technology that is being used for an enormous range of applications, such as fabricating spare and new parts for planes, trains and automobiles and thousands of items in between. It has huge environmental benefits, including substantial reduction in resources consumed in production, manufacturing products only on demand, and ‘just in time production’ of goods at or near where they are consumed, greatly reducing the carbon footprint of goods produced and shipped thousands of miles to consumers.

Why Soft Law Dominates International Finance - And Not Trade

Abstract: International financial law is in many ways a peculiar instrument of global economic affairs. Unlike international trade and monetary affairs, where global coordination is directed through formal international organizations, international financial law arises through inter-agency institutions with ambiguous legal status. Furthermore, the commitments made by regulatory officials participating in such forums are non-binding. This divergence is perplexing, especially when comparing international financial law to international trade. Both trade and finance comprise key areas of ‘international economic law’ and their rules have important distributive consequences for global markets and market participants. This article suggests that in order to understand soft law’s value as a coordinating mechanism, an institutional assessment of the way that law is enforced is necessary. Under close inspection, international financial law departs from traditional public international law notions of informality and can in fact be ‘harder’ than its soft-law quality suggests. This feature helps explain why international financial rules, though technically non-binding, are often relied upon. The predominance of international soft law in finance does not, however, imply that it is without flaws, and this article highlights important structural deficiencies that the World Trade Organization, a more mature legal regime, largely avoids.

How International Financial Law Works (and How it Doesn't)

Abstract: The "Great Recession" has given way to a dizzying array of international agreements aimed at strengthening the prudential oversight and supervision of market participants. How these international financial rules operate is, however, deeply misunderstood. Theorists of international law view international financial rules as merely coordinating mechanisms in light of their informal "soft law" quality. Yet these scholars ignore the often steep distributional implications of financial rules that may favor some countries over others and thus fail to explain why soft law would be employed where losers to agreements can strategically defect from their commitments. Meanwhile, political scientists, though aware of the distributional dynamics of financial rule-making, rarely, if ever, examine international law as a category distinct from international politics. Law is instead cast as an inert, dependent variable of power, as opposed to an independent factor that can inform the behavior of regulators and market participants.This Article presents an alternative theory for understanding the purpose, operation and limitations of international financial law. It posits that international financial regulation, though formally "soft," is a unique species of cross-border cooperation bolstered by reputational, market and institutional mechanisms that have been largely overlooked by theorists. As a result, it is more coercive than classical theories of international law predict. The Article notes, however, that these disciplinary mechanisms are hampered by a range of structural flaws that erode the "compliance pull" of global financial standards. In response to these shortcomings, the Article proposes a modest blueprint for regulatory reform that eschews more drastic (and impractical) calls for a global financial regulator and instead aims to leverage transparency in ways that more effectively force national authorities to internalize the costs of their regulatory decision-making.

Responses to the COVID-19 crisis in Russia, Ukraine, and Belarus

Abstract: Russia, Ukraine and Belarus are good comparators sharing a common Soviet past, similar cultures and religions, while in the COVID-19 crisis they have pursued quite different policies. Belarus has d...

Modernizing and designing evaluation frameworks for connected sensor technologies in medicine

Abstract: This manuscript is focused on the use of connected sensor technologies, including wearables and other biosensors, for a wide range of health services, such as collecting digital endpoints in clinical trials and remotely monitoring patients in clinical care. The adoption of these technologies poses five risks that currently exceed our abilities to evaluate and secure these products: (1) validation, (2) security practices, (3) data rights and governance, (4) utility and usability; and (5) economic feasibility. In this manuscript we conduct a landscape analysis of emerging evaluation frameworks developed to better manage these risks, broadly in digital health. We then propose a framework specifically for connected sensor technologies. We provide a pragmatic guide for how to put this evaluation framework into practice, taking lessons from concepts in drug and nutrition labels to craft a connected sensor technology label.