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


Fraying European Unity

Charles A. Kupchan interviewed by Bernard Gwertzman

The financial and political crisis facing Europe can only be redressed with further eurozone integration that the continent's publics may not be ready for, says CFR's Charles A. Kupchan.

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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