Speakers: Robert Annibale and Shamshad Akhtar Presider: Isobel Coleman
Isobel Coleman hosts Robert Annibale, Global Director of Microfinance, Citigroup, and Shamshad Akhtar, Assistant Secretary-General for Economic and Social Affairs, United Nations, for a discussion about how to reach the two billion people who do not have access to formal financial services.
This roundtable was generously supported by the Center for Financial Conclusion at Accion, which is leading the Financial Inclusion 2020 Campaign.
Michael Spence writes that cooperation between the United States and China on issues surrounding the environment, trade, investment, and financial stability will be critical not only for the continued well-being of the two countries, but also for the successful rebalancing of the world economy.
In his testimony before the Congressional-Executive Commission on China, Yanzhong Huang discusses China's recent public health crises. He focused on two areas: encouraging further government transparency and emboldening civil society to help enact policy changes.
America's generals understandably spend much of their time worrying about strong countries, notes Richard N. Haass. But in today's world, when the consequences of weakness in the remotest areas can quickly become global, the United States arguably has more to fear from weak countries.
Lori Wallach, director of Public Citizen's Global Trade Watch, discusses investment treaties, their implications for policies to promote financial stability and sustainable use of natural resources, and the flaws of the arbitration system used by investors and nations to settle conflicts, with a focus on the global south.
Isobel Coleman, CFR's senior fellow and director of the Civil Society, Markets, and Democracy initiative, discusses transitions to democracy and market economies, as part of CFR's Academic Conference Call series.
The recent announcement of a BRICS development bank raised many questions. Isobel Coleman writes about the potential structure and purpose of the BRICS development bank and its implications for international development and the global economy.
Asked by Fagner Dantas, from Universidade Federal da Bahia
The Brazilian government faces a number of challenges and opportunities concerning its economic forecast in the coming years. After peaking at 7.5 percent growth in 2010, Brazil's recent economic slowdown has caused worry that the dream of a new high-growth economy had slipped out of reach.
The fifth summit of the BRICS (Brazil, Russia, India, China, South Africa) countries met in Durban, South Africa March 26 and 27, 2013, to discuss "political and economic coordination." They released their fifth summit declaraction, "BRICS and Africa: Partnership for Development, Integration and Industrialisation," which includes plans for a BRICS development bank.
Benn Steil's Wall Street Journal op-ed explains the unique historical circumstances in which the Bretton Woods international monetary system emerged in 1944, and why calls for "a new Bretton Woods" today will go unsatisfied.
Jagdish Bhagwati argues that growth can reduce poverty and that slow economic growth will hurt social development, which he also argues in his new book with Arvind Panagariya, "India's Tryst with Destiny: Debunking Myths that Undermine Progress and Addressing New Challenges."
Joshua Kurlantzick shares an excerpt from his new book, Democracy in Retreat, which revolves around a disturbing thesis: that after a steady increase in the number of democracies in the world for nearly a century, autocratic rule is on the march.
The Council on Foreign Relations' David Rockefeller Studies Program—CFR's "think tank"—is home to more than seventy full-time, adjunct, and visiting scholars and practitioners (called "fellows"). Their expertise covers the world's major regions as well as the critical issues shaping today's global agenda. Download the printable CFR Experts Guide.