Op-Eds
Benn Steil's column in Dow Jones' Financial News, co-authored with Dinah Walker, provides new evidence highlighting the endemic flaws in LIBOR as both a benchmark for setting market lending rates and a central-bank metric for judging policy effectiveness.
See more in Financial Crises, Geoeconomics, International Finance
Peter Orszag explains that privatization would allow the U.S. Postal Service to free itself from congressional shackles and manage its operations more efficiently.
See more in United States, Corporate Governance, Industrial Policy, Infrastructure, Congress, Organization of Government
The U.S. Federal Reserve, confronting slowing growth and high unemployment, should unveil new stimulus tools at its next policy meeting, writes CFR's Sebastian Mallaby in an op ed.
See more in United States, Financial Crises, Geoeconomics
Jagdish Bhagwati writes that the Doha round's failure at the hands of U.S. negotiators forebodes the return of protectionism.
See more in United States, Economic Development, Emerging Markets, Trade, WTO
Peter Orszag explains how summer inactivity can leave lasting negative impacts on a child's academic performance and physical health.
See more in Labor, Public Health Threats, Children, Education, Health
Sebastian Mallaby argues that equity investors would prefer to have big banks broken up than forced to raise more capital.
See more in Capital Markets, Financial Crises, Geoeconomics, International Finance
To diagnose the ills of the struggling global economy, Michael Spence considers the impediments to growth in both advanced and developing nations.
See more in Economic Development, Financial Crises, Geoeconomics, Trade
Peter Orszag writes that the steep federal subsidies offered under the Affordable Care Act will make it hard for states to resist expanding their Medicaid programs.
See more in Geoeconomics, Health, Science, and Technology, Congress, Organization of Government, Presidency
Jagdish Bhagwati weighs the fate of the Indian National Congress, which he says is plagued by scandals, a worsening economy, and growing dissatisfaction with the Nehru-Gandhi "brand."
See more in India, Elections, Economic Development, Emerging Markets, Geoeconomics
Sebastian Mallaby argues that the only way to end the era of "too-big-to-fail" is to break up the banking behemoths.
See more in Financial Crises, Geoeconomics, International Finance
Peter Orszag discusses ambitious incentives to increase the use of natural gas in the U.S. transportation system.
See more in Geoeconomics, Industrial Policy, Technology Transfer, Climate Change, Natural Resources Management
Jagdish Bhagwati laments the choice by delegates at the United Nations Conference on Sustainable Development to offer platitudes instead of realistic solutions.
See more in Economic Development, Emerging Markets, Geoeconomics, UN
Sebastian Mallaby examines the Spanish experience with countercyclical capital buffers to argue that even the most innovative banking regulations will never take taxpayers completely off the hook when banks go bust.
See more in Spain, EU, Financial Crises, Geoeconomics, International Finance
Peter Orszag makes the case that increasing electoral participation would improve American democracy.
See more in United States, Elections, Economics, Congress, Presidency, U.S. Election 2012
Michael Spence argues that much of the furor over austerity misses the fact that deficit reduction is only one step on the road to restoring competitiveness, employment, and growth.
See more in Greece, EU, Financial Crises, Geoeconomics
Peter Orszag calls for a "combo deal" of upfront stimulus and long-term deficit reduction because it would be less risky, offer more growth, and be more likely to be enacted than a stimulus-only approach.
See more in United States, Financial Crises, Geoeconomics, International Finance
Jagdish Bhagwati and Arvin Panagariya say recent election results, favorable central bank policy, and the resiliency of previous reforms should give hope for India's economic future.
See more in India, Economic Development, Emerging Markets, Geoeconomics
Peter Orszag argues that broad spending caps are the wrong way to reduce deficits because they fail to address the reasons why spending continues to increase.
See more in United States, Financial Crises, Geoeconomics
Jagdish Bhagwati argues the failure of the Doha round's multilateral trade negotiations undermines the rule-making authority and dispute-settlement mechanism of the World Trade Organization.
See more in Geoeconomics, International Finance, Trade, WTO
Robert Rubin explains how the pressures of the "fiscal cliff" will present U.S. political leaders with a rare second chance to make critical fiscal reforms after the 2012 elections.
See more in United States, Financial Crises, Geoeconomics, International Finance, Congress, Presidency, U.S. Election 2012