Financial Crises

Must Read

New Republic: What Happened to Europe?

Author: Amartya Sen

Amartya Sen writes: "Europe has been extraordinarily important for the world, which has learned so much from it. It can remain globally important by setting its own house in order--economically, politically, and socially. The first step is to understand properly, with some clarity, the policy challenges that Europe faces today. A failure to do so will reverberate far beyond Europe's own borders."

See more in Financial Crises; EU

Interview

Weighing an EU Banking Union

Interview of: Benedicta Marzinotto

EU approval of a new proposal for a banking and fiscal union would help reassure global financial markets and alleviate the eurozone debt crisis, says Bruegel's Benedicta Marzinotto.

See more in Europe; Financial Crises

Foreign Affairs Article

Fixing Finance

Author: Gillian Tett

As the global financial sector has swelled, the gap between the rich and the poor has grown. Three new books -- by James Galbraith, Robert Shiller, and Charles Ferguson -- come down differently on how much banks are to blame for inequality and what the government should do about it.

See more in International Finance; Financial Crises; Global

First Take

A Greek Boost for the Euro

Author: Charles A. Kupchan

A victory for Greece's center-right New Democracy party is a reprieve for the euro, but eurozone leaders must still grapple with systemic fixes, writes CFR's Charles A. Kupchan.

See more in Greece; Financial Crises