Council on Foreign Relations

Sebastian Mallaby argues that Obama's proposal to shut down proprietary trading desks at "too big to fail" banks goes too far. A tax on size would be better.

Brazil's economic miracle is being threatened by China's peg to the falling dollar, which undermines Brazil's competitiveness. Sebastian Mallaby says that Brazil may need to confront China to keep its success on track.

Sebastian Mallaby says that the nonchalance with which global financial markets have reacted to the bankruptcy of Dubai World is alarming.

Members of the Squam Lake Working Group on Financial Regulation, a collection of fifteen leading economists and academics, discuss their recommendations for reforming global capital markets.

Watch members of the Squam Lake Working Group on Financial Regulation, a collection of fifteen leading economists and academics, discuss their recommendations for reforming global capital markets.

Listen to members of the Squam Lake Working Group on Financial Regulation, a collection of fifteen leading economists and academics, discuss their recommendations for reforming global capital markets.

CFR experts Benn Steil and Sebastian Mallaby discuss the lessons learned from the current financial crisis.

Listen to CFR experts Benn Steil and Sebastian Mallaby discuss the lessons learned from the current financial crisis.

How does the U.S. financial system contribute to US power?  Is the U.S. in danger of losing its pre-eminence in global finance? Is the dollar's status as a reserve currency under pressure, and does that affect the U.S. ability to lead global responses to world financial crises?

Watch experts discuss past global financial and monetary policies during financial crises and actions that governments today might take to respond to current crisis.

This session was part of the Stephen C. Friedheim Symposium on Global Economics: Financial Turbulance and U.S. Power, which was made possible through the generous support of Stephen C. Feidheim.

Listen to experts discuss past global financial and monetary policies during financial crises and actions that governments today might take to respond to current crisis.

This session was part of the Stephen C. Freidheim Symposium on Global Economics: Financial Turbulence and U.S. Power, which was made possible through the generous support of Stephen C. Freidheim.

What new forms of international financial and monetary coordination and regulation are required in light of the global economic crisis? How should the United States work to reform the Bretton Woods Institutions? Should the BRICs and other developing countries have an increased role at the IMF and World Bank? What are the preconditions for a U.S.-China bargain on global monetary and financial issues?

Watch experts discuss how international financial institutions can work together to mitigate the financial crisis, as well as reforms that could make these organizations more effective.

This session was part of the CFR conference: The United States and the Future of Global Governance, which was made possible through the generous support of the Robina Foundation.

Listen to experts discuss how international financial institutions can work together to mitigate the financial crisis, as well as reforms that could make these organizations more effective.

This session was part of the CFR conference: The United States and the Future of Global Governance, which was made possible through the generous support of the Robina Foundation.