Benn Steil's Wall Street Journal op-ed explains the unique historical circumstances in which the Bretton Woods international monetary system emerged in 1944, and why calls for "a new Bretton Woods" today will go unsatisfied.

Deputy National Security Adviser for Strategic Communication Ben Rhodes held this conference call with National Security Council Senior Director for Asia Danny Russel and Deputy National Security Advisor for International Economics Mike Froman, to preview Japanese Prime Minister Shinzō Abe's visit to Washington, on February 22, 2013.

Examines data including GDP, household debt, and industrial production to show the weakness of the current recovery compared to previous postwar rebounds.

Timothy F. Geithner, the 75^th Secretary of the U.S. Department of the Treasury, will join the Council on Foreign Relations (CFR) as a distinguished fellow. Geithner, who was previously a senior fellow at CFR in 2001, will be based at the organization's headquarters in New York.

Benn Steil's Wall Street Journal Europe op-ed, co-authored with Dinah Walker, argues that the Bank of England is getting "Libored"—that is, misled and manipulated—by the banks benefiting from its Funding for Lending Scheme. The Fed, which has shown interest in the scheme, should beware.

Because a financial crisis can inflict lasting damage to productivity growth, Peter Orszag argues that the failure of U.S. policymakers to enact a "barbell" fiscal policy now could yield more economic troubles down the road.

Benn Steil's column in Dow Jones' Financial News, co-authored with Dinah Walker, shows why last March's Greek debt restructuring left Greece in poor shape to avoid financial collapse

British Prime Minister Cameron gave these remarks at Bloomberg in London on January 23, 2013. He discussed his view of the future of the European Union and his plans to hold a referendum on the United Kingdom's membership.

This chart book shows the growth in foreign ownership of U.S. assets over time.

Sebastian Mallaby argues the lesson from sub-Saharan Africa's economic turnaround is that policies do matter.

Sebastian Mallaby argues that Europe's future is looking frighteningly like Japan's past.

Sebastian Mallaby argues that Spain is unlikely to get control of its debt dynamics without more aggressive action from European leaders.

Sebastian Mallaby argues that the European Central Bank should embrace a weighted-vote governance structure in its plans for a new bank supervisory board.

Sebastian Mallaby considers how economic forecasters should adapt their methods to reflect today's high levels of policy uncertainty.

Despite an ongoing threat from North Korea, South Korea has emerged as a producer rather than a consumer of international security goods. As a newly elected member of the UN Security Council, South Korea has the opportunity to use these investments as a "middle power" and responsible leader in the international community, says Scott A. Snyder.

Gideon Rachman comments that while European Central Bank President Mario Draghi's recent promise of "unlimited" purchases of sovereign bonds will help save the beleaguered euro, it will also bring increased political and economic unhappiness in Europe.

Wolfgang Münchau writes that despite isolating himself from his peers in the European Central Bank, Jens Weidmann, president of the Deutsche Bundesbank, is actually winning the debate about future ECB policy.

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.

Experts analyze the current state of world economies.

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

Robert Rubin writes that the ECB would risk losing its credibility and stoking inflation if it did not impose conditionality on its bond-buying program.