Economics

Must Read

FT: Growth and Globalisation Cannot Cure All the World's Ills

Author: Gideon Rachman

"Just as doctors fear the emergence of superbugs that will not respond to existing drugs, so world leaders are beginning to witness the emergence of new forms of political conflict that are resistant to their traditional prescriptions – more trade and more investment, washed down with a good dose of structural reform."

See more in Global; Economics

Ask CFR Experts

How does Bangladesh’s socio-political situation affect India?

Asked by Chaitali Phadke

Bangladesh is a critically important neighbor for India, and one with great impact on India—both positive and potentially negative. On the positive side, Bangladesh is a country of approximately 160 million people making great progress on human development, with an economy consistently growing between five and six percent, and with ambitions to reach lower-middle income levels by 2021.

Read full answer

See more in Bangladesh; Society and Culture; Economics

Must Read

International Consortium of Investigative Journalists: Leaked Records Reveal Offshore Holdings of China's Elite

Authors: Marina Walker Guevara, Gerard Ryle, Alexa Olesen, Mar Cabra, Michael Hudson, and Christoph Giesen

"The data illustrates the outsized dependency of the world's second largest economy on tiny islands thousands of miles away. As the country has moved from an insular communist system to a socialist/capitalist hybrid, China has become a leading market for offshore havens that peddle secrecy, tax shelters and streamlined international deal making."

See more in China; Economics

Audio

Economic Policy After the Omnibus

Speaker: Jacob J. Lew
Presider: John C. Bussey

With the 2014 omnibus budget bill nearing completion, U.S. Treasury secretary Jacob Lew outlines his economic policy priorities for the coming year with John Bussey of the Wall Street Journal.

See more in United States; Economics

Transcript

Economic Policy After the Omnibus

Speaker: Jacob J. Lew
Presider: John C. Bussey

With the 2014 omnibus budget bill nearing completion, U.S. Treasury secretary Jacob Lew outlines his economic policy priorities for the coming year with John Bussey of the Wall Street Journal.

See more in United States; Economics

Video

Economic Policy After the Omnibus

Speaker: Jacob J. Lew
Presider: John C. Bussey

With the 2014 omnibus budget bill nearing completion, U.S. Treasury secretary Jacob Lew outlines his economic policy priorities for the coming year with John Bussey of the Wall Street Journal.

See more in United States; Economics

Must Read

FT: Investment: Dollar Disruptions

Author: Robin Wigglesworth

"A dollar renaissance is unlikely to prove as agonising as it did in the past. The biggest risk in 2014 is going to be the more immediate impact that the Fed's unwinding of its quantitative easing programme will have on global borrowing costs. Chinese economic growth – a big driver of emerging economies – is another wild card. But a stronger dollar will not prove painless and policy makers in the developing world should not be complacent."

See more in Global; Economics