Economics

Video

On the Road to Recovery, or Creating the “Mother of All Bubbles”?

Speakers: Joyce Chang and Nouriel Roubini
Presider: Sebastian Mallaby

With the tapering of the Federal Reserve's bond buying program well underway, and the possibility of future interest rate hikes under discussion, J.P. Morgan's Joyce Chang and Nouriel Roubini of Roubini Global Economics assess the risks that exist in the current global financial system in a discussion with CFR's Sebastian Mallaby.

See more in Global; Politics and Strategy; Monetary Policy

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Carnegie Europe: Foundations of German Power

Author: Ulrich Speck

"Without a strong and assertive Germany, there can be no strong and assertive EU in the world. And without a more self-confident EU, the liberal global order―built and underpinned for decades by the United States―might not be sustainable. Germany must start to invest more in an order from which it has benefited so much over the decades."

See more in Germany; Business and Foreign Policy

Audio

Economic Development and the Tyranny of Experts

Speaker: William Easterly
Presider: Isobel Coleman

Isobel Coleman hosts William Easterly, author of The Tyranny of Experts: Economists, Dictators, and the Forgotten Rights of the Poor and professor of economics at New York University, for a discussion about the prevailing approach to development; its shortcomings, namely the failure to prioritize individual rights in development; and opportunities for reform.

See more in Global; Economics

Primary Sources

Issued by the Office of Management and Budget, the Budget of the United States Government is a collection of documents that contains the budget message of the President, information about the President's budget proposals for a given fiscal year, and other budgetary publications that have been issued throughout the fiscal year. Other related and supporting budget publications, such as the Economic Report of the President, are included, which may vary from year to year.

See more in United States; Budget, Debt, and Deficits

Transcript

Stalled by Winter Weather, Economic Growth Projected to Regain Momentum

Speakers: Lewis Alexander, Takatoshi Ito, and Vincent Reinhart
Presider: Sebastian Mallaby

Harsh winter weather appears to have dealt the global economic recovery a temporary setback, but growth is projected to pick up again later this year. Nomura's Lewis Alexander, Takatoshi Ito from the University of Tokyo, and Vincent Reinhart of Morgan Stanley discuss the current state of the global economy with CFR's Sebastian Mallaby.

See more in Global; Economics

Primary Sources

GAO Report 14-299: Maritime Infrastructure

The U.S. Government Accountability Office released report 14-299 to congressional requesters in March 2014. The report discusses "(1) current commercial maritime activity in the U.S. Arctic and anticipated activity in the next 10 years, (2) actions taken by government entities in support of planning and developing U.S. Arctic maritime infrastructure, and (3) federal interagency efforts to identify and prioritize Arctic maritime-infrastructure investments."

See more in Arctic; United States; Oceans; Infrastructure