Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn analyzes debt and austerity in Europe and other major developments and trends affecting macroeconomic policy and financial markets.

A U.S.-EU Transatlantic Trade and Investment Partnership (TTIP) could provide a significant boost to U.S. jobs, growth and trade. Conversely, the primary pitfall to the agreement would be if it caused a retreat from multilateralism, divert trade trom emerging markets and weaken institutions such as the World Trade Organization.

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Short Description: The automatic cuts in U.S. federal government spending, known as the "sequester," will negatively impact the U.S. economy in the short run and will not solve the long-term challenge of putting the United States on a sustainable budget path, says CFR's Robert Kahn.

The president's annual address set the stage for more political wrangling over U.S. fiscal policy at a time when decisiveness is crucial for the economy, writes CFR's Robert Kahn.

What does 2013 have in store for the global economy? We asked five distinguished experts to identify the most important trends, challenges, and opportunities in the upcoming year.

EU leaders at this week's summit are expected to advance a banking union crucial to restoring confidence in the eurozone, but its full implementation is a long way off, says CFR's Robert Kahn.

Policymakers must act swiftly post-election to approve a viable fiscal plan or trigger market volatility and severe damage to the U.S. economy, writes CFR's Robert Kahn.

With the presidential candidates squaring off for a final debate, four CFR fellows weigh in on questions that should arise on major on foreign policy issues facing the nation.