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November 17, 2009
Testimony
Michael A. Levi testifies before the U.S. Senate Committee on Energy and Natural Resources on the state of global efforts to combat climate change, prospects for the ongoing United Nations climate negotiations, and climate policy in Europe and India.
See more in United States, India, Europe/Russia, Energy/Environment, Climate Change
November 16, 2009
Expert Brief
China's breathtaking economic growth and massive imbalances with the United States have given rise to some myths about the nature of the two powers' relationship that can impede sound policymaking, writes CFR's Steven Dunaway.
See more in United States, China, Economics
October 13, 2009
Op-Ed
Forbes Online
This year's Nobelists demonstrate the United States' success in science. But Edward Alden argues that we are jeopardizing this success through shortsighted immigration restrictions that make it difficult for the most talented and ambitious scientists to come here and remain.
See more in United States, Geoeconomics, Immigration
October 13, 2009
Expert Brief
China's continued impressive growth is by no means assured, writes CFR's Steven Dunaway. Without basic changes to its economic model, including rule of law reforms, it could face considerable struggles, he says.
See more in China, Economic Development, Trade
September 26, 2009
First Take
G-20 leaders in Pittsburgh agreed to a coordinated effort to reduce the imbalances that contributed to the global economic crisis. But CFR's Marc Levinson writes any changes in policy will be slow in coming.
See more in United States, International Organizations
September 15, 2009
Op-Ed
Bloomberg
Amity Shlaes warns that without the right incentives, market players will continue to game the system in the very fashion that President Obama deplored in his speech on reforming financial regulation.
See more in United States, International Finance
August 25, 2009
Op-Ed
Bloomberg
Amity Shlaes comments on efforts to reduce the pay gap between men and women.
See more in United States, Economics
August 13, 2009
Op-Ed
Washington Post
Amity Shlaes examines the Corporate and Financial Institution Compensation Fairness Act.
See more in United States, Economics
August 12, 2009
Academic Module
This module features teaching notes by CFR Senior Fellow Edward Alden, author of The Closing of the American Border: Terrorism, Immigration, and Security Since 9/11, along with other resources to supplement the text. In this book, Mr. Alden examines the complicated interplay between the United States' need for homeland security and economic openness in the wake of the September 11, 2001, terrorist attacks.
See more in United States, Immigration
August 11, 2009
Op-Ed
Bloomberg
Amity Shlaes argues that both Democrats and Republicans are guilty of hypocrisy when discussing end-of-life care in the health care debate.
See more in United States, Economics, Health, Science, and Technology, Global Health
July 28, 2009
Op-Ed
Bloomberg
Amity Shlaes argues that the Federal Reserve is a "monarchy" with power to intervene in the world economy.
See more in United States, Economics, Financial Crises
July 13, 2009
Op-Ed
Los Angeles Times
See more in Americas, Immigration
July 13, 2009
Op-Ed
Los Angeles Times
Jeb Bush, Thomas F. McLarty III, and Edward Alden discuss the recent Independent Task Force on Immigration Policy and argue, "Getting immigration policy right is fundamental to [U.S.] national interests -- our economic vitality, our diplomacy and our national security."
See more in United States, Immigration, U.S. Strategy and Politics
July 9, 2009
Op-Ed
Bloomberg
Amity Shlaes compares today's economic policy with that of the 1980s.
See more in United States, Economics, Financial Crises
July 6, 2009
Op-Ed
Time Magazine
Amity Shlaes argues, "FDR's tenacity did not suffice to get the economy back to where it had been before the Great Depression began."
See more in United States, Economics, U.S. Strategy and Politics, Presidency
June 23, 2009
Op-Ed
Bloomberg.com
Amity Shlaes considers the elimination of the job of U.S trade representative.
See more in United States, Trade
Updated: June 27, 2009
Expert Brief
The main U.S. bill on confronting climate change should adjust the way it proposes cushioning some vulnerable U.S. industries to avoid stirring protectionist fears, writes CFR's Michael Levi.
See more in United States, Economics, Energy/Environment
June 19, 2009
Article
Slate
Michael A. Levi argues that a price on carbon would provide the United States energy security and prod the Canadian oil sands industry to clean up its emissions act.
See more in North America, Energy Security
June 9, 2009
Op-Ed
Amity Shlaes argues, "Europe's stunning fiscal outlays permitted it to pursue tighter monetary policy, while the U.S. used monetary policy as a substitute for European-scale fiscal spending."
See more in Europe/Russia, Germany, International Finance
June 8, 2009
Op-Ed
Wall Street Journal
Edward Alden argues, "the U.S. can't afford to keep turning away the best and the brightest."
See more in United States, Economics, Labor, Trade
Subscribe to "This Month in Geoeconomics" newsletter.
In Money, Markets, and Sovereignty, the authors present a fascinating intellectual history of monetary nationalism from the ancient world to the present and explore why, in its modern incarnation, it represents the single greatest threat to globalization.
In The Closing of the American Border, Edward Alden goes behind the scenes to tell the story of the Bush administration’s struggle to balance security and openness in the wake of the September 11, 2001, terrorist attacks.
In Termites in the Trading System, Jagdish Bhagwati reveals how the rapid spread of preferential trade agreements endangers the world trading system.
In Regional Monetary Integration, Peter B. Kenen poses an important question: Should various country groups follow the lead of the European Monetary Union and form similar full-fledged monetary unions?
In this report, Benn Steil shows that the financial crisis is the inevitable bust of a classic credit boom, and explains how monetary, taxation, and home ownership promotion policy combined with other feaures of the financial system to fuel an unsustainable buildup in debt. He recommends significant reforms to reverse the debt financing bias and make the system more resilient to falls in asset prices.
In order for policymakers to tackle today’s global economic crisis, this report argues, they must go beyond bailouts and stimulus packages and focus on one of the crisis's root causes: imbalances between savings and investment in major countries.
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