The nearly $1 trillion EU bailout plan appears to have achieved immediate aims of restoring confidence in markets, but concerns persist about deeper reforms needed to tackle the region's sovereign debt crisis.

This weekend's summit of leading world economies won't match the scope of the Bretton Woods conference, to which it has been compared. But it could send important signals at a time of global economic distress.

Ten years after crippling financial crises swept East Asia, the International Monetary Fund faces fresh criticisms about its future relevance.

The debt crisis that has hammered southern Europe since 2010 will have long-lived economic effects, despite the moderation in Spanish and Italian government borrowing costs since the European Central Bank's "Outright Monetary Transactions" initiative last September.

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Christine Lagarde, managing director of the International Monetary Fund (IMF), discusses fragility in the global economy and how the IMF can mitigate international financial crises.

This meeting was part of the C. Peter McColough series on International Economics.

A panel of experts discuss how various international institutions such as the G20, IMF, and World Bank are playing a role in today's system of global economic governance.

This session is part of a Council on Foreign Relations symposium on Rising Powers and Global Institutions in the Twenty-First Century and was made possible through generous support from the Robina Foundation.

Listen to experts discuss the future of the International Monetary Fund, ranging from its governance to its potential role in alleviating financial crises.

Listen to Alistair Darling, Chancellor of the Exchequer, United Kingdom of Great Britain and Northern Ireland, for a British perspective on the global economy in light of the financial crisis.

Listen to John P. Lipsky, first deputy managing director of the International Monetary Fund (IMF), remark on the recent effects of the economy on IMF member countries and the IMF's reaction to the financial crisis.

The International Monetary Fund, both criticized and lauded for its efforts to promote financial stability, finds itself again in the forefront of global economic crisis management. This Backgrounder examines the Fund's history and role.

With IMF Managing Director Rodrigo de Rato resigning in October, a new report analyzes the reform measures that will be bequeathed to Mr. de Rato's successor, and argues that the reform measures deserve the support of the United States, including the U.S. Congress when it is asked to implement some of the key measures.

New IMF Managing Director Christine Lagarde has to move quickly to establish independence from the European authorities who got her the job, enhance the IMF's legitimacy, and display her ability to manage the fund, says CFR's Steven Dunaway.

The IMF and World Bank leaders meet in Tokyo this week for their fall meetings. Four experts discuss the failure of IMF leaders to implement agreed-upon governance reform.

Talks in Baghdad reflect Iran's new willingness to discuss its nuclear program, but sanctions may not sting enough to make it change course, says expert Hassan Hakimian.

This weekend's G8 summit will be dominated by negotiations over the eurozone sovereign debt crisis and limiting contagion to the global economy, says expert C. Randall Henning.

The arrest of IMF chief Dominique Strauss-Kahn on charges of sexual assault could hamper the fund's short-term ability to help manage the eurozone crisis but is not likely to harm the IMF over the long term, says CFR's Steven Dunaway.

Debt restructuring and longer-term eurozone reforms will be needed to contain Europe's sovereign debt problems and restore European stability and prosperity, says CFR's Marc Levinson.

The IMF and European leaders have gotten serious about Greece's debt, says CFR's Charles Kupchan. But the crisis also raises concerns about the eurozone's unity.