![]()
Home |
Site Index |
FAQs |
Contact |
RSS
|
Podcast
Navigation
home > the cfr think tank > experts > roger m. kubarych
Henry Kaufman Adjunct Senior Fellow for International Economics and Finance
Contact Info:
Phone: +1-212-434-9596
E-mail: Roger_Kubarych@america.hypovereinsbank.com
Location:
New York, NY
Media downloads:
One-page bio (PDF, 43K)
Video clip (WMV, 1.1 MB)
Video clip (MP4, 1.4 MB)
Former chief economist at the New York Stock Exchange and senior economic adviser at an international banking firm. Currently writing a book examining the American financial system and corporate scandals.
Expertise:International finance; economics.
Experience:Senior Economic Adviser, HypoVereinsbank Americas Inc. (2001-present); Managing Member and CIO, Kaufman & Kubarych Advisors LLC (1997-99); General Manager, Henry Kaufman & Company Inc. (1988-97); Senior Vice President and Chief Economist, New York Stock Exchange (1986-88); Vice President and Chief Economist, The Conference Board (1985-86); Senior Vice President and Deputy Director of Research, Federal Reserve Bank of New York (1972-85); Special Assistant to the Under Secretary for Monetary Affairs, U.S. Department of the Treasury (1978-79).
Selected Publications:“What 2006 Will Be Like,” Nikkei (2005); “Katrina: A Devastating Storm Now a Source of Economic Uncertainty,” Market Eye on Nikkei Financial Daily (2005); “How Oil Shocks Affect Markets,” International Economy (Summer 2005); Foreign Exchange Markets in the United States (Federal Reserve Bank of New York, 1978).
Current Research Projects
Past Research Projects
April 21, 2008
| Author: | Roger M. Kubarych, Henry Kaufman Adjunct Senior Fellow for International Economics and Finance |
|---|
Op-Ed
Nikkei Financial Daily
In this Nikkei article, Roger Kubarych outlines the lessons learned in the past few weeks that will be of lasting importance to global investors. He finds that "too complex to fail" is the prevailing U.S. economic doctrine—with the Bear Stearns bail-out as case in point. Kubarych also argues that banks are capitalists until they need government hand-outs but will revert to type once the crisis fades.
See more in United States, Geoeconomics
April 8, 2008
| Author: | Roger M. Kubarych, Henry Kaufman Adjunct Senior Fellow for International Economics and Finance |
|---|
Op-Ed
Financial World
Economics wasn’t supposed to be the central theme of this year’s campaign, yet the high probability that the U.S. economy will either be in or just emerging from a mild recession on election day has brought economic issues to the forefront of the race. In this Financial World article, Roger Kubarych looks at the candidates stances on taxes, healthcare, trade, and the housing and associated credit markets. He argues that, in the end, it’s not “the economy, stupid” but “the economy, naturally.”
See more in U.S. Election 2008
February 28, 2008
| Author: | Roger M. Kubarych, Henry Kaufman Adjunct Senior Fellow for International Economics and Finance |
|---|
Testimony
Roger Kubarych finds that veterans, like many Americans, have been adversely affected by the subprime mortgage crisis and the broadening financial turbulence that developed in its wake.
See more in Economics, Congress
February 13, 2008
| Author: | Roger M. Kubarych, Henry Kaufman Adjunct Senior Fellow for International Economics and Finance |
|---|
Op-Ed
Nikkei Financial Daily
Three developments have altered the US economic and financial climate this year - a distinct tightening of credit terms, a sudden slide in confidence, and emerging signs that the US labor market is softening – and they have been powerful enough to compel an almost unprecedented policy response by both the Federal Reserve and the US Government. Roger Kubarych argues that the monetary policy easing and fiscal stimulus will work, albeit slowly, but the effects on financial markets are less clear.
See more in United States, Economics
December 17, 2007
Roger M. Kubarych, Adjunct Senior Fellow for International Economics interviewed by Lee Hudson Teslik, Assistant Editor
Interview
CFR's Roger Kubarych says a new plan could boost banks' confidence about reserve requirements, but adds that other problems loom.
See more in United States, Economics
September 27, 2007
| Author: | Roger M. Kubarych, Henry Kaufman Adjunct Senior Fellow for International Economics and Finance |
|---|
Op-Ed
Nikkei Financial Daily
Thousands of US homeowners who had financed their houses through what have come to be known as subprime mortgages stopped making their monthly payments. Those delinquencies, now about 15% of the total, set off a chain reaction that touched off one of the worst financial nightmares in years. Roger Kubarych offers some lessons from the subprime mortgage crisis, as well as prospects for the future.
See more in Economics
August 6, 2007
| Author: | Roger M. Kubarych, Henry Kaufman Adjunct Senior Fellow for International Economics and Finance |
|---|
Op-Ed
Nikkei Financial Daily
The current economic and financial situation in the United States amounts to a classic “happy-sad” story—not unlike the seventh Harry Potter book. Despite an overall positive economic scene, the slumping housing market and sky-high gasoline prices have affected public opinion on the economy and the underlying issue of globalization. Roger Kubarych argues that these economic concerns will shape the upcoming presidential campaigns, and globalization may turn out to be the evil “Voldemort” of the tale.
See more in United States, Economics
May 2, 2007
| Author: | Roger M. Kubarych, Henry Kaufman Adjunct Senior Fellow for International Economics and Finance |
|---|
Article
Market Eye on Nikkei Financial
Robert Kubarych explains why U.S. businesses are making record profits this year, while spending less on capital goods.
See more in United States, Economics
February 28, 2007
Roger M. Kubarych, Henry Kaufman Adjunct Senior Fellow for International Economics and Finance interviewed by Robert McMahon, Deputy Editor
Interview
CFR's Roger Kubarych says the plunge in global markets could have a restraining effect on the flow of credit in the U.S., China, and elsewhere.
December 14, 2006
| Author: | Roger M. Kubarych, Henry Kaufman Adjunct Senior Fellow for International Economics and Finance |
|---|
Op-Ed
Market Eye on Nikkei Financial
See more in United States, Economics
October 4, 2006
| Author: | Roger M. Kubarych, Henry Kaufman Adjunct Senior Fellow for International Economics and Finance |
|---|
Op-Ed
Market Eye on Nikkei Financial
See more in United States, Elections, Economics, Congress
July 17, 2006
| Author: | Roger M. Kubarych, Henry Kaufman Adjunct Senior Fellow for International Economics and Finance |
|---|
Op-Ed
Council on Foreign Relations
See more in United States, Economics
May 8, 2006
| Author: | Roger M. Kubarych, Henry Kaufman Adjunct Senior Fellow for International Economics and Finance |
|---|
Op-Ed
Market Eye on Nikkei Financial
February 22, 2006
| Author: | Roger M. Kubarych, Henry Kaufman Adjunct Senior Fellow for International Economics and Finance |
|---|
Op-Ed
Market Eye on Nikkei Financial
See more in United States, Economics
December 1, 2005
| Author: | Roger M. Kubarych, Henry Kaufman Adjunct Senior Fellow for International Economics and Finance |
|---|
Op-Ed
Market Eye on Nikkei Financial
See more in United States, Economic Development
September 15, 2005
| Author: | Roger M. Kubarych, Henry Kaufman Adjunct Senior Fellow for International Economics and Finance |
|---|
Op-Ed
Market Eye on Nikkei Financial Daily
See more in United States, Economics
Summer 2005
| Authors: | Roger M. Kubarych, Henry Kaufman Adjunct Senior Fellow for International Economics and Finance Stuart Brown |
|---|
Council Debate
See more in Economics
July 1, 2005
| Author: | Roger M. Kubarych, Henry Kaufman Adjunct Senior Fellow for International Economics and Finance |
|---|
Article
Market Eye on Nikkei Financial Daily
See more in Economics
Summer 2005
| Author: | Roger M. Kubarych, Henry Kaufman Adjunct Senior Fellow for International Economics and Finance |
|---|
Article
International Economy
See more in Economics, Energy Security
April 13, 2005
| Author: | Roger M. Kubarych, Henry Kaufman Adjunct Senior Fellow for International Economics and Finance |
|---|
Article
Market Eye on Nikkei Financial Daily
See more in Economics
![]()
Climate change poses threats to national security in a number of ways. In this report, sponsored by the Center for Geoeconomic Studies, Joshua W. Busby offers specific recommendations for confronting this important issue, including a list of "no-regrets" policies.
This report, by International Affairs Fellow Michelle D. Gavin and sponsored by the Center for Preventive Action, surveys the current situation in Zimbabwe and proposes steps that can increase the likelihood that regime change, when it comes, will bring constructive reform instead of conflict and state collapse.
Complete list of Council Special Reports.
![]()
![]()
For more information on the David Rockefeller Studies Program, contact:
Gary Samore
Vice President, Director of Studies, and Maurice R. Greenberg Chair
+1-212-434-9627
gsamore@cfr.org
Sebastian Mallaby
Director of the Maurice R. Greenberg Center for
Geoeconomic Studies, Deputy Director of Studies, and Paul A. Volcker Senior
Fellow for International Economics
smallaby@cfr.org
Janine Hill
Deputy Director of Studies Administration
+1-212-434-9753
jhill@cfr.org
![]()
![]()
The David Rockefeller Studies Program is the Council’s “think tank.” Its work is integral to achieving the Council’s goal of contributing to the foreign policy debate. Fellows in the Studies Program do this by researching, writing, and commenting on the most important challenges facing the United States and the world.
![]()
Copyright 2008 by the Council on Foreign Relations. All Rights Reserved.