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Article

Brazil Seeking Security

Author: Stewart M. Patrick
The National Interest

Stewart M. Patrick says Brazil's recent involvement in tensions between Iran and the United States underscored Brazil's determination to play on the global stage, but it may also have harmed Brazil's chances for a UN Security Council seat.

See more in Brazil, UN

Council Special Report No. 45 Lessons of the Financial Crisis

Lessons of the Financial Crisis

Author: Benn Steil

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 features 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. This report is also available in Arabic.

See more in Financial Crises, International Finance