Interviews

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; North America

Avoiding a U.S.-China Trade Showdown

Avoiding a U.S.-China Trade Showdown

Stephen S. Roach interviewed by Roya Wolverson

Morgan Stanley executive Stephen Roach says China's undervalued currency is a "red herring" in the debate over global imbalances and that policymakers should instead focus on China's social safety net and boosting U.S. savings.

See more in United States; China; International Finance

Gauging the Dollar Decline

Gauging the Dollar Decline

Interview by: Benn Steil and Roya Wolverson

CFR's Benn Steil says the dollar's continuing decline could result in higher prices for major imports like energy and, in a worst-case scenario, might lead to higher inflation and interest rates.

See more in Financial Crises; Trade

Copenhagen's Conundrum

Copenhagen's Conundrum

Michael A. Levi interviewed by Toni Johnson

CFR's Michael Levi says the Obama administration faces tough negotiations on a global climate change agreement at the December Copenhagen meeting without clear support from Congress. But he says Obama has other legislative options.

See more in Climate Change