Charles A. Kupchan says internal renewal is vital to the West's future strength, but moreover, even if the West is able to regain its internal vitality and enlarge its footprint, it will still have to manage the transition to a world with multiple centers of power.
William R. Cline interviewed by Christopher Alessi
Greece's new prime minister is seeking crucial parliamentary support for an EU bailout package that will require restructuring its sovereign debt. Economist William Cline says Uruguay's 2003 default offers a constructive model.
New Prime Minister Mario Monti faces the daunting task of reining in Italy's high public debt. Analysts say he will have to tackle fiscal irresponsibility to rebuild market confidence and prevent the eurozone's third largest economy from defaulting.
New Prime Minister Lucas Papademos faces daunting challenges to rescue Greece's economy. A fiscal collapse, analysts say, will also raise questions over the eurozone's ability to manage debt crises in other struggling European economies.
G20 leaders will be tested this week to act on sovereign debt crises and potential global economic upheaval. Stewart Patrick says a proper response would be for leaders to follow their own promises from previous summits.
European leaders meet in Brussels today to craft a comprehensive solution to the eurozone sovereign debt crisis. Listen in tomorrow, October 27, at 11:00 a.m., as Sebastian Mallaby and Benn Steil discuss the outcome of the summit, the role of the continent's banks, the Greek debt crisis, and the eurozone's financial rescue fund.
The Council on Foreign Relations' David Rockefeller Studies Program—CFR's "think tank"—is home to more than seventy full-time, adjunct, and visiting scholars and practitioners (called "fellows"). Their expertise covers the world's major regions as well as the critical issues shaping today's global agenda. Download the printable CFR Experts Guide.
The author examines Pakistan's complex role in U.S. foreign policy and advocates for a two-pronged approach that works to quarantine threats while integrating Pakistan into the broader U.S. agenda in Asia.