Watch Peter R. Orszag, director of the White House Office of Management and Budget, discuss actions taken by the Obama administration in light of the financial crisis and prospects for recovery.

Peter R. Orszag, director of the White House Office of Management and Budget, discusses actions taken by the Obama administration in light of the financial crisis and prospects for recovery.

In this report, the President's Council of Economic Advisers (CEA) presents a projection of potential developments in the U.S. labor market over the next five to ten years and discusses the preparations necessary to develop the 21st century workforce. We discuss the skills that will likely be most relevant in growing occupations, the value and limitations of our current post-high school education and training systems, and the characteristics of a more effective education and training structure.

Edward Alden argues, "the U.S. can't afford to keep turning away the best and the brightest."

A working paper released by researchers from New York University's Stern School of Business and the Wharton School of the University of Pennsylvania dispels the myth that globalization generates no losers. The study looks at how compensation for domestic workers is affected depending on whether or not employers are using offshore and H-1B employment.

Jagdish Bhagwati argues that the Employee Free Choice Act is a free trade compatible approach to dealing with the stagnation in workers' real wages.

Watch experts analyze the various labor policies of the Hoover and Roosevelt administrations and the effects they had on the Great Depression.

This session was part of the CFR-New York University Leonard N. Stern School of Business symposium: A Second Look at the Great Depression, which was made possible through the generous support of the Leonard N. Stern School of Business, New York University, and the Ewing Marion Kauffman Foundation.

Listen to experts analyze the various labor policies of the Hoover and Roosevelt administrations and the effects they had on the Great Depression.

This session was part of the CFR-New York University Leonard N. Stern School of Business symposium: A Second Look at the Great Depression, which was made possible through the generous support of the Leonard N. Stern School of Business, New York University, and the Ewing Marion Kauffman Foundation.

Session Two of a Council on Foreign Relations Symposium on a Second Look at the Great Depression and The New Deal. Did labor policy under Hoover and Roosevelt make the Depression worse, or pave the way to recovery?

Migrants suffer as countries around the world adopt protectionist measures to respond to the global downturn. This could trigger economic and social instability in poorer countries, while adversely affecting rich economies in the long-term.

The Economist discusses the next phase of the world's economic downturn: a global jobs crisis.

Paul Danos, Matthew J. Slaughter, and Robert G. Hansen argue that the Employ American Workers Act will actually decrease the total amount of jobs available.

The idea of creating green jobs drew great attention as the stimulus package made its way through Congress. Defining those jobs is difficult, however, and economists say many may simply displace existing jobs in the old carbon-based economy.

This module features teaching notes for Reforming U.S. Patent Policy: Getting the Incentives Right by author Keith E. Maskus, along with other resources to supplement the text. This Council Special Report acknowledges the importance of patent protection for innovation but also warns against blind adherence to the mantra that more protection will necessarily produce more innovation.

The resignation of South African President Thabo Mbeki has exposed a rift in the ruling ANC party, raising questions about the future of one of the continent's champions and a regional powerbroker.

Michael Clemens of the Center for Global Development says that the migration of skilled workers is not to blame for Africa's weak health systems.

Michael Greenberger urges quick action regarding energy market manipulations and federal enforcement regimes.

Since its creation in 1989, the Financial Action Task Force (FATF) has worked to ensure that its 40+9 Recommendations are recognized globally as the international standards for anti-money laundering and combating the financing of terrorism (AML/CFT). The work of the FATF, covering more than 170 jurisdictions, has had a significant impact on the global detection and prevention of money laundering and terrorist financing, and is critical to the implementation of more robust AML/CFT regimes around the world.

A look at the basics of the North American Free Trade Agreement, its overall economic impact, and its effect on workers in the United States.

Jeffrey J. Schott, senior fellow at the Peterson Institute for International Economics, and Thea M. Lee, policy director for the AFL-CIO, debate what the next president should do on the North American Free Trade Agreement.