Richard N. Haass says today's college graduates will lead 21st century lives, and in an age of globalization, the world will matter to them as never before.

The U.S. Treasury released this fact sheet on the Joint U.S.-China Economic Track meeting held at the fourth U.S. China Strategic and Economic Dialogue, on May 4, 2012.

Martin Wolf surveys the future of central banking in a world transformed both practically and theoretically by the financial crisis.

Jagdish Bhagwati and Francisco Rivera-Batiz suggest that interstate competition for illegal labor will force states with tough illegal immigration policies to soften their stances.

Sebastian Mallaby explains how post-election gridlock could either send the U.S. economy over the edge of a "fiscal cliff" into recession or lead it down a risky road of more debt and downgrades.

Michael W. Hodin discusses how the demographic shift toward an older population will make current tax policies unsustainable in coming decades.

Peter Orszag works through various approaches U.S. policymakers could take to head off fiscal catastrophe as a storm of tax increases, spending cuts, and a debt ceiling standoff looms at the end of the year.

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.

Sebastian Mallaby argues that, by focusing on a "Buffett rule," President Obama is squandering his chance to sell voters on meaningful tax reform.

Peter Orszag examines recent research that suggests financial speculators can exert significant influence on commodities prices for brief periods of time.

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.

Lewis Alexander, Joyce Chang, and Vincent Reinhart discuss the world economy with CFR Senior Fellow Sebastian Mallaby.

This series is presented by the Maurice R. Greenberg Center for Geoeconomic Studies.

Peter Orszag explains how monthly cycles of food-stamp benefits may contribute to disciplinary problems among students from low-income families.

Benn Steil's Financial Times op-ed shows that whereas the impact of the "Buffett Rule" on Warren Buffett's tax liability is trivial, the political capital he has accrued appears to be leveraging his investments.

Sebastian Mallaby asks whether the Fed might fall behind its Continental counterpart in exercising bold economic leadership.

Peter Orszag looks at a dispute over water supplies in the southeastern United States to underscore the need for water policy reforms and greater infrastructure investment.

Michael Spence writes that myopic U.S. energy policies highlight the need for persistence, longer-term thinking, and bipartisanship in U.S. policymaking.

Peter Orszag argues that U.S. business leaders who want better economic policy should work to get more moderates elected to Congress.

Sebastian Mallaby considers how the advent of smart supercomputers raises tough questions about inequality and jobs.

Anti-Germany protests in Athens have highlighted the country's complicated role as de facto leader of Europe while raising concerns about the continent's ability to advance difficult solutions to the sovereign debt crisis.