Speaker: Rana A. Foroohar Speaker: John P. Lipsky Speaker: Joseph E. Stiglitz Presider: Peter R. Fisher
Experts discuss the growth of finance in the U.S. economy since the Great Recession and its impact on business production and income inequality, and whether government regulations introduced after 2008 have proven effective in preventing another recession.
China’s leadership of the Group of Twenty (G20) in 2016 comes at a moment when the role of the G20 itself is being challenged. CFR's Maurice R. Greenberg Center for Geoeconomic Studies and the Asia Global Institute convened a workshop in Hong Kong to assess the agenda facing the G20, why the group had fallen short of expectations in recent years, and whether China’s leadership in 2016 provides an opportunity for renewal.
North Korea’s fourth nuclear test in January and long-range rocket launch in February drew global opposition in the form of UN Security Council (UNSC) resolution 2270 and condemnation by regional leaders. Pyongyang promptly dismissed such calls with a series of short- and mid-range missile launches in March and April.
Benn Steil’s May 20 op-ed on the PBS NewsHour Making$ense site, co-authored with Emma Smith, explains the practical and political barriers to further monetary or fiscal loosening in nations representing at least 60 percent of the global economy. This spells trouble ahead if economic conditions worsen.
Robert D. Blackwill and Jennifer M. Harris discuss War by Other Means, their new book on why the United States must strategically integrate economic and financial instruments into its foreign policy or risk losing ground as a world power.
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that the crisis in Venezuela continues to escalate, with no recovery or relief in sight. A messy and chaotic default looms, and the rescue will likely involve a tough adjustment program, large-scale financing from international policymakers, and deep sacrifices from Venezuela’s creditors and, most of all, the Venezuelan people. China’s role, as Venezuela’s largest creditor, will be critical and precedential for other emerging market commodity exporters with too much debt.
What are the ways in which the Transatlantic Trade Investment Partnership (TTIP) could advance the noneconomic foreign policy interests of the United States, the European Union (EU), and EU member states? The Council on Foreign Relations gathered experts—including current and former policymakers, economists, political scientists, investors, and business representatives—to explore whether and how the still-evolving TTIP could be designed to meet foreign policy objectives.
Learn more about CFR’s mission and its work over the past year in the 2016 Annual Report. The Annual Report spotlights new initiatives, high-profile events, and authoritative scholarship from CFR experts, and includes a message from CFR President Richard N. Haass. Read and download »