The European Commission Directorate-General for Research examines the factors and tensions shaping the international environment, and its transition towards a multi-polar world governance, and towards a new "socio-ecological" production model that Europe will help to promote.

CFR's Brad Setser examines U.S. Treasury Secretary Timothy Geithner's statements about the need to rebalance China's economic relations with the United States and says China shouldn't be overly concerned about the risks of U.S. inflation.

Leslie H. Gelb discusses Secretary Geithner's trip to China.

In this Center for Geoeconomic Studies Working Paper (an update of their January 2009 paper), Brad W. Setser and Arpana Pandey estimate the true scale of China’s U.S. portfolio and examine how the pace of growth and composition of China’s portfolio have evolved over time.

Matthew J. Slaughter argues that "President Obama's recent soundbites suggest an uncompetitive auto industry."

Robert D. Kaplan argues that Pakistan's political stability depends partly on the development of its strategic Gwadar port.

The scale of financing needed to support the U.S. fiscal deficit—together with the Federal Reserve’s policy of keeping U.S. interest rates low to ward off deflation—has revived concerns about a sudden and sharp depreciation of the U.S. dollar. This Center for Preventive Action Contingency Planning Memorandum by Brad W. Setser examines potential triggers and indicators of such a crisis and posits concrete policy options to limit U.S. vulnerability to the possibility of a plummeting dollar.

Walter Russell Mead argues that an increasing number of developing countries are turning into the "pacesetters of liberal global capitalism."

Sebastian Mallaby examines the dangers of transparency in the financial marketplace.

Watch Peter Mandelson, secretary of state for business, enterprise, and regulatory reform for the United Kingdom, discuss the upcoming G20 Summit and the need for countries to work together to avoid protectionism amidst the global financial crisis.

Listen to Peter Mandelson, secretary of state for business, enterprise, and regulatory reform for the United Kingdom, discuss the upcoming G20 Summit and the need for countries to work together to avoid protectionism amidst the global financial crisis.

Brad W. Setser writes about the United States' dependency on China as its largest creditor. He argues that the U.S. government should look to transition to a world in which more U.S. investment is financed by the United States' own savings.

An official at the U.S. Government Accountability Office says Iraq will retain a healthy budget surplus in spite of falling oil prices. He also notes that auditors' access to Iraq's finances could be curtailed sharply after the end of this year.

Bhutan's first democratically-elected prime minister discusses the century-old monarchy's transition to democracy and its ties with its neighbors, India and China.

The prosperity of the United States and China depends on helping China further integrate into the global economic system.

Both parties will use presidential conventions to boost their candidate's credentials on the economy and national security, at a time when both issues overlap.