The euro's naysayers have it all wrong.
The euro's naysayers have it all wrong.
Ray Dalio explains the basic fundamental components and transactions of the global economic machine and shares his views on the current financial crisis. This session was part of the Corporate Program's CEO Speaker Series.
Peter Orszag calls for the revival of Build America Bonds to channel tax subsidies to state and local governments for infrastructure investment.
Sebastian Mallaby argues that the conditionality of the ECB plan to resume sovereign bond purchases will blunt the intervention's effectiveness.
Sebastian Mallaby argues that policymakers must decide whether the federal government will ensure the stability of the shadow banking system.
Commodities traders are looking to countries beset with internal unrest to make high-risk bets for high rewards.
The manipulation of interbank lending rates by a host of global financial institutions could have significant repercussions for financial markets, consumer loans, and regulatory policy, explains this Backgrounder.
In the face of persistently high unemployment, policymakers and workers look to innovation and entrepreneurship to create new jobs. This Backgrounder discusses how entrepreneurs create and finance the startups that power U.S. job growth, and the ramifications of policies such as the JOBS Act.
Sebastian Mallaby explains why private equity represents a sound alternative to the beleaguered public equity model of corporate governance.
Julia E. Sweig measures the balance between market and state in a review of David Rothkopf's latest book, Power, Inc.: The Epic Rivalry between Big Business and Government and the Reckoning that Lies Ahead.
Peter Orszag examines recent research that suggests financial speculators can exert significant influence on commodities prices for brief periods of time.
Ian Bremmer, president of the Eurasia Group, criticizes China's version of capitalism, saying it will never "match up to the promise of a truly free capitalist economy."
Benn Steil's Financial News column analyzes the disproportionate impact the housing bust has had on young adults, explaining why this is likely to act as a long-term drag on the economy.
This roundtable meeting was part of the project, Entrepreneurs and Market Linkages in Conflict and Post-Conflict Environments, organized by the Civil Society, Markets, and Democracy Initiative.
Charles Duhigg and Keith Bradsher point out that America does not train enough people in the mid-level skills that factories need, a reason for companies like Apple to rely on outsourcing that helps them generate enough profits and keep investing for innovation rather than solving America's problem of unemployment.
Michael Spence wants to rethink the role of the state in addressing the problems of instability and inequality that are endemic to free-market systems.
In addressing capitalism's critics, Sebastian Mallaby champions hedge funds as appealing alternatives to too-big-to-fail institutions.
Amity Shlaes wants Congress to get busy doing nothing.
Gayle Tzemach Lemmon says that in the wake of the U.S. credit rating downgrade, Wall Street may discover it no longer likes Washington gridlock.
Global markets' reaction to eurozone turbulence and S&P's downgrade of U.S. debt add uncertainty to U.S. foreign policy, raising questions about which goals the country has the means to pursue, says CFR's James M. Lindsay.
The author examines Pakistan's complex role in U.S. foreign policy and advocates for a two-pronged approach that works to quarantine threats while integrating Pakistan into the broader U.S. agenda in Asia.
The authors assess the political, security, and economic challenges facing U.S. policymakers in Afghanistan and evaluate a range of policy options.
Special operations play a critical role in how the United States confronts irregular threats, but to have long-term strategic impact, the author argues, numerous shortfalls must be addressed.
This clear and authoritative book presents a sweeping account of China's global resource quest and the unrivaled expansion of its economy. More
The story of the tragic and often tormented relationship between the United States and Pakistan, and a call to prepare for the worst, aim for the best, and avoid past mistakes. More
An authoritative and accessible look at what countries must do to build durable and prosperous democracies—and what the United States and others can do to help. More