Spain Is in Need of Urgent Repair
Sebastian Mallaby argues that Spain is unlikely to get control of its debt dynamics without more aggressive action from European leaders.
See more in Spain, EU, Financial Crises, Geoeconomics, International Finance
Sebastian Mallaby argues that Spain is unlikely to get control of its debt dynamics without more aggressive action from European leaders.
See more in Spain, EU, Financial Crises, Geoeconomics, International Finance
Michael Spence explains what China's leadership can learn from Singapore about formulating a growth strategy that is inclusive, stable, and sustainable.
See more in China, Economic Development, Emerging Markets, Geoeconomics
Peter Orszag explains how the transition of Chinese workers from farms to factories has a large role to play in determining the growth rate of the Chinese economy.
See more in China, Economic Development, Emerging Markets, Geoeconomics, Labor
Sebastian Mallaby argues that the European Central Bank should embrace a weighted-vote governance structure in its plans for a new bank supervisory board.
See more in EU, Financial Crises, Geoeconomics, International Finance
Michael Spence writes that Hurricane Sandy and its aftermath have highlighted the need for greater investment in critical infrastructure to minimize economic disruption after a disaster.
See more in Economic Development, Geoeconomics, Infrastructure, Climate Change, Disasters
Sebastian Mallaby considers how economic forecasters should adapt their methods to reflect today's high levels of policy uncertainty.
See more in United States, EU, China, Economic Development, Financial Crises, Geoeconomics, International Finance
As the edge of the fiscal cliff approaches, Peter Orszag lays out the paths available to the Obama administration in negotiating with Congress over the expiring Bush tax cuts and entitlement reform.
See more in Geoeconomics, Congress, Presidency, U.S. Election 2012
Peter Orszag proposes a placeholder deal to get around Congressional gridlock over the expiring Bush tax cuts by establishing a temporary tax refund that would last until either a permanent deal was reached or the unemployment rate dropped.
See more in Geoeconomics, Congress, Presidency, U.S. Election 2012
Benn Steil's column in Dow Jones' Financial News, co-authored with Dinah Walker, analyzes Mitt Romney's budget math. Without questioning the candidate's assumptions on growth or available sources of revenue, they estimate a roughly $1 trillion annual budget gap.
See more in Geoeconomics, International Finance, Presidency, U.S. Election 2012
Michael Spence shares his bullish outlook on emerging markets and their ability to rebound from a global growth slowdown.
See more in Africa, Brazil, China, Japan, India, Economic Development, Emerging Markets, Financial Crises, Geoeconomics
Peter Orszag and Jonathan Orszag argue that, though conspiracy theories regarding the Bureau of Labor Statistics are misguided, BLS methods for compiling macroeconomic statistics do need updating to harness the power of "big data."
See more in Corruption and Bribery, Financial Crises, Geoeconomics, Labor
The World Economic Outlook (WEO) presents the IMF staff's analysis and projections of economic developments at the global level, in major country groups (classified by region, stage of development, etc.), and in many individual countries. It focuses on major economic policy issues as well as on the analysis of economic developments and prospects. It is usually prepared twice a year, as documentation for meetings of the International Monetary and Financial Committee, and forms the main instrument of the IMF's global surveillance activities.
See more in Economic Development, Financial Crises, Geoeconomics
Peter Orszag argues that Representative Paul Ryan's budget plan would risk stranding elderly patients who wish to remain enrolled in Medicare.
See more in Geoeconomics, Health, Science, and Technology, Health, Congress, U.S. Election 2012
Benn Steil's Wall Street Journal op-ed, co-authored with Dinah Walker, shows that the Fed has effectively been targeting "risk on, risk off"—prodding investors into and out of risky financial assets—for over a decade now. He derives a rule that predicts the Fed's behavior since 2000 even better than the "Taylor Rule" did from 1987 to 1999.
See more in Financial Crises, Geoeconomics, International Finance
Michael Spence examines the causes of recent distress in both advanced and developing economies and evaluates potential policy responses.
See more in Economic Development, Financial Crises, Geoeconomics, Infrastructure, International Finance, Trade
Boeing Chairman, President, and Chief Executive Officer Jim McNerney discusses the involvement of the business community in foreign policy; U.S. global competitiveness and the challenge of balancing fiscal austerity with necessary technology and innovation investment; and Boeing's outlook for the future.
The CEO Speaker series is a unique forum for leading global CEOs to share their insights on issues that are at the center of commerce and foreign policy and to speak to the changing role of business in the international community. The series, sponsored by the Corporate Program, is one way that CFR seeks to integrate perspectives from the business community into ongoing dialogues on pressing policy issues, such as the international economic recovery, sustainable growth and job creation, and the expanding reach and impact of technology.
See more in United States, Geoeconomics
Peter Orszag describes recent research that bolsters the case for shifting away from a fee-for-service health-care system.
See more in Geoeconomics, Health, Science, and Technology, Health
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.
See more in United States, Capital Markets, Financial Crises, Geoeconomics
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.
See more in EU, Financial Crises, Geoeconomics, International Finance
Experts analyze the current state of world economies.
This series is presented by the Maurice R. Greenberg Center for Geoeconomic Studies.
See more in Spain, EU, Financial Crises, Geoeconomics, International Finance
Discover a graphical take on geoeconomic issues, with links to the news and expert commentary.
What is the effect of U.S. domestic political gridlock on international relations?
The Future of U.S. Special Operations Forces
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.
Reforming U.S. Drone Strike Policies
The author analyzes the potentially serious consequences, both at home and abroad, of a lightly overseen drone program and makes recommendations for improving its governance.
The Power Surge
A groundbreaking analysis of what the changes in American energy mean for the economy, national security, and the environment. More
Two Nations Indivisible
A roadmap for the United States' greatest overlooked foreign policy challenge of our time--relations with its southern neighbor. More
Why Growth Matters
Two experts argue that despite myriad development strategies, only one can succeed in alleviating poverty in India: the overall growth of the country's economy. More