Nunn School Symposium V: The Dollar's Challenged Role in the World
Since the end of the Second World War, the U.S. dollar has played a central role in the global economy. During the 21st century the U.S. government has extensively leveraged the associated importance of the U.S. financial system to secure foreign policy objectives. That activity and concerns about U.S. fiscal responsibility have recently prompted other governments and non-state actors to seek alternatives to the dollar and to the U.S. financial system.
This half-day symposium will explore how the U.S. has used the dollar and the U.S. financial system as a source of power and assess the challenges to the continued centrality of the dollar and the U.S. financial system and consider what that means for U.S. power.
Noon: Lunch and Welcome
- Alasdair Young, Professor and Neal Family Chair, Sam Nunn School of International Affairs, Georgia Institute of Technology
12:30 p.m.: Leveraging the Dollar for Foreign Policy Ends
- Brian Grant, Managing Director, Global Head of Financial Crimes Compliance Operations, and Global Head of Sanctions Compliance at MUFG
- Peter Harrell, Nonresident Fellow at the Carnegie Endowment for International Peace, former Senior Director for International Economics and Competitiveness at the National Security Council and the National Economic Council from 2021 to 2022
- Carla Norrlof, Professor of Political Science at the University of Toronto and a non-resident Senior Fellow with the Atlantic Council
- Moderated by: Diane Alleva Caceres, Lecturer, Sam Nunn School of International Affairs and Scheller College of Business, Georgia Institute of Technology and CEO, Market Access International
1:45 p.m.: Break
2 p.m.: Threats to the Dollar’s Dominance
- Zongyuan Zoe Liu, Maurice R. Greenberg Senior Fellow for China studies at the Council on Foreign Relations
- Glen Sarvady, Managing Principal of Payments Strategy, 154 Advisors
- Mark Sobel, U.S. chair of OMFIF and Former Deputy Assistant Secretary for International Monetary and Financial Policy at the U.S. Treasury
- Moderated by: Carly Potz-Nielsen, Assistant Professor, Sam Nunn School of International Affairs, Georgia Institute of Technology
3:15 p.m.: Close
With financial support from the Neal Family Endowment and the Diplomats-in-Residence Program supported by the Arthur Blank Family Foundation.
Co-sponsored by the Georgia Tech Center for International Business Education and Research and the Atlanta Council on International Relations.