Written by a group that combines extensive practical experience and analytical sharpness, the sixth title in the Geneva Reports on the World Economy series presents an overview of how cooperation has evolved, identifies its current limitations, and advances a number of proposals.

Leading experts elucidate the changing nature of antitrust enforcement on both sides of the Atlantic, with a keen eye to future multilateral, as well as bilateral, developments.

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.

The G8 summit affirmed the group's importance as a U.S. partner as it seeks a common front on the "Arab Spring" uprisings, and in forging collective action on human rights and security matters, says CFR's Stewart Patrick.

Experts forecast the five most consequential trends in 2012, following a year in which the global economy struggled amid high unemployment and mounting debt crises.

The Federal Reserve's move to inject an added $600 billion into the banking system is bad policy, straining the international monetary order and U.S. credibility abroad, writes CFR's Sebastian Mallaby.

The latest gathering of the world's leading economies failed to signal a clear path to resolving global debt and growth concerns, but the Toronto summit can claim success in positively influencing major powers' economic policies, writes CFR's Sebastian Mallaby.

Oil price shocks spurred by Mideast events are unlikely to derail the U.S. economic recovery, says CFR Distinguished Visiting Fellow Michael Spence. But bigger shifts in the global economy will hit U.S. unemployment, income inequality, and capital costs, he says.

Saving the European Union requires a plan to allow fiscally weak member countries to fail, as well as painful lifestyle changes and some loss of national sovereignty, says the Centre for European Policy Studies' Daniel Gros.

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.

George Soros explains the events that led to the recent bond purchase announcement by the European Central Bank solidifying its commitment to do whatever it takes to save the euro, and discusses the larger political implications this decision will have for the future of the European Union.

The World Economic Forum released this year's Global Competitiveness Report, which analyzes and ranks 144 economies and suggests that productivity improvements and private sector investment will be key to improving global economies.

The April 2012 Global Financial Stability Report from the International Monetary Fund states that although the global financial regulatory framework is being strengthened, no asset is truly risk-free. It highlights longevity risk as a pressing economic issue and analyzes its fiscal implications.

Tyler Cowen points out that America has three things going for it, export-wise: computerization is making manufacturing wages irrelevant; fracking technology is addressing energy issues; and an increasingly wealthy rest of the world can afford to buy American goods.

Foreign Policy's Clyde Prestowitz writes that the United States shouldn't pretend China is interested in free trade. China's neo-mercantile policies have precedent in Japan, South Korea, Brazil, Germany, and large portions of the rest of the world, he writes--why should China be avoiding the fiscal gray areas that have worked for others?

The World Economic Forum's Global Competitiveness Report 2011–2012 features a detailed index that ranks 142 countries and analyzes broader trends in the global economy.

In the Financial Times, David Blair writes about the proceedings of OPEC's latest meeting - where Saudi attempts to ease Western oil supply woes were defeated unexpectedly by an Iranian-led coalition.

Welcome to the new food economics of 2011: Prices are climbing, but the impact is not at all being felt equally. Those who are barely hanging on to the lower rungs of the global economic ladder risk losing their grip entirely.

Former U.S. President Richard Nixon once famously told the young Donald Rumsfeld that "people don't give one damn about Latin America now." But in fact, Obama's trip south is important for long-term U.S. interests, and long overdue.