Interviews

China's Calculated Move on Yuan

China's Calculated Move on Yuan

Interview of: Steven Dunaway

By ending the yuan's peg to the U.S. dollar, China will deflect pressure over its currency policy at the upcoming G20 meeting. But tensions will persist over the pace of reform, says CFR's Steven Dunaway.

See more in China; Monetary Policy

Containment Policy for a Nuclear Iran?

Containment Policy for a Nuclear Iran?

Karim Sadjadpour interviewed by Bernard Gwertzman

Sanctions may slow Iran's nuclear drive but won't halt it, says Iran expert Karim Sadjadpour, who calls for shifting to a containment policy that helps "expedite political transformation."

See more in Proliferation; Iran

Tough Love for Eurozone

Tough Love for Eurozone

Daniel Gros interviewed by Roya Wolverson

Saving the European Union requires a plan to allow fiscally weak member countries to fail, as well as painful lifestyle changes and some loss of national sovereignty, says the Centre for European Policy Studies' Daniel Gros.

See more in Financial Crises; EU

Debt Recovery: A Balancing Act

Debt Recovery: A Balancing Act

Carmen M. Reinhart interviewed by Roya Wolverson

Early stimulus withdrawal would hurt the U.S. economy, but the U.S. Treasury needs to announce a debt-reducing strategy to buoy market confidence, says sovereign debt expert Carmen Reinhart.

See more in Financial Crises; United States

Obama's Flawed Export Plan

Obama's Flawed Export Plan

Gary C. Hufbauer interviewed by Roya Wolverson

News that global trade contracted in 2009 underscores the need for Obama's trade strategy to include negotiating exchange rates with Asian countries and promoting free trade agreements, says IIE's Gary Hufbauer.

See more in Business and Foreign Policy; Trade; United States

The Sovereign Debt Dilemma

The Sovereign Debt Dilemma

Sebastian Mallaby interviewed by Roya Wolverson

Markets' reaction to the sovereign debt crisis in Greece and other European countries suggests global governments "have used up all their ammunition to boost global growth," and could be punished by the markets if they sustain stimulus programs, says CFR's Sebastian Mallaby.

See more in Financial Crises

Deficits in a Growing Defense Budget

Deficits in a Growing Defense Budget

Todd Harrison interviewed by Greg Bruno

The Obama administration's proposed defense budget fails to align spending with calls to rebuild the military to handle irregular warfare, says expert Todd Harrison. He also cites an inability to get personnel costs under control.

See more in Defense Budget; United States

Confronting the Debt Threat

Confronting the Debt Threat

Ryan Avent interviewed by Roya Wolverson

Some of Obama's budget proposals are sound policy, but congressional gridlock and faster economic reforms in China and Europe could jeopardize U.S. competitiveness, says Economist.com editor Ryan Avent.

See more in Budget, Debt, and Deficits; United States

Stricter Rules for Skilled-Worker Visas Are a Mistake

Stricter Rules for Skilled-Worker Visas Are a Mistake

Jagdish N. Bhagwati interviewed by Toni Johnson

The recession has added fuel to the debate over skilled-worker visas, including a recent congressional effort to create stricter rules. CFR's Jagdish Bhagwati says the United States should be welcoming skilled workers and other immigrants.

See more in Immigration; Americas