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.

Peter Orszag explains that privatization would allow the U.S. Postal Service to free itself from congressional shackles and manage its operations more efficiently.

Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation, discusses North America's natural gas and oil resources, technological innovations, and their effect on the global energy market.

This meeting is part of the Corporate Program's CEO Speaker Series, which provides a forum for leading global CEOs to share their priorities and insights before a high-level audience of CFR members. The series aims to educate the CFR membership on the private sector's important role in the policy debate by engaging the global business community's top leadership.

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.

William C. Dudley, president and chief executive officer of the Federal Reserve Bank of New York, discusses monetary policy.

This meeting was part of the C. Peter McColough series on International Economics.

Although U.S. multinationals include many of biggest companies in the United States, the full extent of their economic impacts are less well known. The McKinsey Global Institute seeks to provide a fuller picture by assessing the contributions of MNCs across the key metrics of economic performance.

The European Commission has launched proposals to radically reform corporate income tax in the EU with a system known as the Common Consolidated Corporate Tax base. This column in Vox suggests that this reform would have significant effects on individual member states, but only small effects at the aggregate level in terms of employment, GDP and efficiency.

ProPublica tells the inside story of why the Federal Reserve agreed to allow banks to raise dividends in 2011, despite warnings that banks were not healthy enough and that the economy could implode again.

John B. Bellinger III discusses the upcoming Supreme Court hearing of arguments in Kiobel v. Royal Dutch Petroleum, which will decide whether corporations may be sued in U.S. courts for violations of international law under the Alien Tort Statute.

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.

Jane G. Gravelle and Thomas L. Hungerford examine controversies regarding corporate tax reforms.

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.

This report focuses on the global issues relating to tax rate differentials between the United States and other countries. It provides tax rate comparisons; discusses policy implications, including the effect of a corporate rate cut on revenue, output, and national welfare; and discusses the outlook for and consequences of a revenue neutral corporate tax reform.

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.

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.

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.

Tom Braithwaite and Francesco Guerrera compare the efforts to regulate the financial industry following the Great Depression to those underway today.

Chairman of the Economic Recovery Advisory Board Paul Volcker argues that, in order to minimize the risks of financial institutions' moral hazard, banks must be "free to fail" and prohibited from proprietary trading, running hedge funds, and engaging in potentially risky activities.

Watch Jean-Claude Trichet, president of the European Central Bank, discuss global governance in light of the recent financial crisis.

This meeting was part of the C. Peter McColough Series on International Economics.