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March 19, 2009

Global Imbalances and the Financial Crisis (Video)

Speaker:	Steven Dunaway, Adjunct Senior Fellow for International Economics, Council on Foreign Relations
Presider:	Sebastian Mallaby, Director of the Maurice R. Greenberg Center for Geoeconomic Studies, Council on Foreign Relations

Watch Steven Dunaway, CFR Adjunct Senior Fellow for International Economics, lay out the argument of his recent Council Special Report and explain why in order for policymakers to tackle today's global economic crisis, they must go beyond bailouts and stimulus packages and focus on one of the crisis's root causes: imbalances between savings and investment in major countries.

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