Expert Briefs

Concise and timely policy analysis from Council on Foreign Relations scholars.

U.S.-China Exchange Rate Thicket

U.S.-China Exchange Rate Thicket

Author: Steven Dunaway

China's exchange rate policy will dominate the economic dialogue between the United States and China during President Hu's state visit to Washington. There's scant hope differences can be resolved, says CFR's Steven Dunaway.

See more in China; International Finance; United States

The G20 Takes a Step Back

The G20 Takes a Step Back

Author: Steven Dunaway

The G20 finance ministers' agreement may have helped avert a global currency war. However, by potentially shifting the focus toward reducing external imbalance, there is a risk that policy adjustments needed to deal with imbalances among the major world economies will be neglected, writes CFR's Steven Dunaway.

See more in International Organizations and Alliances; Financial Crises; Global