The ingredients for Detroit's longterm economic recovery are already there. It is worth noting that "the quality of knowledge institutions, its International airport, and openness to global talent put Detroit in a different category than other hard-pressed Rustbelt cities."

A country may decide to stay inside the eurozone for political or security reasons. But surely we are at a different stage of debate when an exit becomes economically viable.

Benn Steil's op-ed for Paul Solman's PBS Newshour site examines Keynes's lifelong obsession with the mysteries and menaces of money.

Jagdish Bhagwati and Amrita Narlikar argue that scapegoating global brands for Bangladeshi factory accidents will not improve safety and may actually harm worker well-being.

With a slowing economy, China's continued growth will largely depend on Beijing's policy decisions, says CFR's Robert Kahn.

Benn Steil's op-ed asks whether Germany is making the same errors in managing the eurozone crisis today as the United States made with its wartime allies at Bretton Woods in 1944.

This chart book shows the growth in foreign ownership of U.S. assets over time.

"Marlin saved itself by facing a truth that few threatened manufacturers can stomach: It was failing because it had gotten everything wrong. It had the wrong customers; it had the wrong products; it had the wrong prices. Greenblatt realized--just in time--that even wire baskets could be innovative. The simplicity of Marlin's technology is not what we typically associate with innovation--there's no algorithm, no microchip, no touch screen. Instead, Marlin learned how its products could help its customers, providing the quiet innovation that can give a fellow U.S. factory a critical edge and help keep jobs in the United States."

The UN Security Council's Monitoring Group on Somalia and Eritrea submitted this report on July 12, 2013, pursuant to resolutions 751 (1992) and 1907 (2009) concerning Somalia and Eritrea and in accordance with paragraph 13 (m) of Security Council resolution 2060 (2012). These resolutions address how the UN Security Council will monitor peace and security efforts in the region and report on violations such as trading arms and charcoal or funding terrorist organizations.

On July 10, 2013, President Barack Obama's National Economic Council, Domestic Policy Council, Office of Management and Budget, and the Council of Economic Advisers released a report on the "range of benefits to the U.S. economy that would be realized from passage of commonsense immigration reform, and the high costs of inaction."

Thomas Bollyky and Anu Bradford discuss the newly launched Transatlantic Trade and Investment Partnership negotiations and its potential for overcoming the real barrier to global trade and commerce – divergent or duplicative regulatory policies.

Speaker: Adam S. Posen, President, Peterson Institute for International Economics
Author: Bradford DeLong, Professor, University of California, Berkeley
Presider: Gideon Rose, Editor, Foreign Affairs Magazine
July 10, 2013

Peter Orszag writes that the Food and Drug Administration should aggressively implement its proposal to place cancer warnings on tanning bed promotional materials.

Blake Clayton argues that federal lawmakers should overturn the ban on exporting crude oil produced in the United States.

Joshua Kurlantzick discusses Indonesia's grand strategy.

Peter Orszag writes that one-year delay of the Affordable Care Act's employer mandate is too small a time horizon to affect the decision-making of most businesses that would be subject to the penalty.

President Barack Obama gave these remarks in Dar es Salaam, Tanzania, on July 1, 2013. He spoke about economic growth and development in African countries, African Growth and Opportunity Act, and the Trade Africa initiative.

Jeremy Stein discusses current monetary policy developments.

On July 1, 2013, President Barack Obama announced Trade Africa, an initiative to promote trade partnerships between African countries and between the United States, African countries, and other global markets.

Benn Steil and Dinah Walker explain the market massacre following Ben Bernanke's press conference on June 19. Bernanke's repeated statements that a key tool of current Fed policy, asset purchases, would be "calibrated" to employment data, each month's publication of which can imply a major shift in the unemployment trend line, suggests that Fed tightening could begin as early as the middle of next year—nearly a year and half earlier than the Fed had suggested in its pledge statement last fall.