Unlike other economic powerhouses, the United States does little to help its own companies win business abroad, and that timidity has allowed China to devour market share in emerging economies. It is time for Washington to shed its hang-ups about lobbying on behalf of American firms and start taking commercial diplomacy seriously.
As the White House releases the 2013 budget, corporate taxation could be an issue where Congress can find compromise in fiscal policy. Both parties agree the current corporate tax regime is inefficient and often disadvantages U.S. businesses globally.
The debate over a new anti-corruption law in India highlights political dysfunction in New Delhi and distracts from the larger issue of an urgent need for economic reforms.
A spate of high-profile scams has weakened India's government and raised concerns among foreign investors. Businesses and civil society say the country needs more effective anti-corruption laws.
Congressional wrangling over financial reform and the SEC's fraud case against Goldman Sachs could impact SEC powers and encourage stronger derivatives regulation.
With financial firestorms erupting left and right in Europe, the global credit crisis takes a new dimension. Analysts say it might be time for coordinated interest rate cuts.
Sebastian Mallaby, director of the Maurice R. Greenberg Center for Geoeconomic Studies at the Council on Foreign Relations and the author of More Money than God, discusses his book and the role of hedge funds in the financial system.
Speaker: Christine A. Varney Presider: Bart Friedman
Listen to Christine A. Varney, assistant attorney general for antitrust at the U.S. Department of Justice, speak about the need for regulation of price fixing and clear punishments for antitrust violations.
Listen to Neville Isdell, chairman of the board of the Coca-Cola Company, discuss the necessary steps for companies to take to become responsible organizations and restore the faith of consumers in industry.
Outsourcing remains a contentious political issue as lawmakers, analysts, and business leaders debate its effect on U.S. job creation and the role of corporate tax policy in shipping jobs overseas, explains this Backgrounder.
A look at the current U.S. financial regulatory framework, delineating the different agencies tasked with monitoring U.S. financial institutions and their respective roles.
In a short time, the Gates Foundation has established a reputation as an innovative, effective donor to global health causes. A $30 billion gift from Warren Buffett is expected to dramatically expand the foundation's influence.
G20 finance ministers and central bank governors issued this communiqué at the summit in Moscow on February 15 and 16, 2013. Major agreements from the discussions include refraining from devaluing their currencies devaluation and enforcing corporate tax laws.
The Council on Foreign Relations' David Rockefeller Studies Program—CFR's "think tank"—is home to more than seventy full-time, adjunct, and visiting scholars and practitioners (called "fellows"). Their expertise covers the world's major regions as well as the critical issues shaping today's global agenda. Download the printable CFR Experts Guide.
The author analyzes the potentially serious consequences, both at home and abroad, of a lightly overseen drone program and makes recommendations for improving its governance.