Economics

Economic Crises

Experts in this Topic

Willem H. Buiter
Willem H. Buiter

Adjunct Senior Fellow

Matthias Matthijs
Matthias Matthijs

Senior Fellow for Europe

Justin Muzinich
Justin Muzinich

Distinguished Fellow

  • Elections and Voting
    Iran’s New President Takes Office, U.S. Debt Ceiling Drama, and More
    Podcast
    Iran’s next president, Ebrahim Raisi, takes office; the suspension of the United States’ debt ceiling ends; and the summer wildfire season sets new records.
  • Global Governance
    The State of Global Governance in the Era of COVID-19: A Conversation With Richard Haass and the Council of Councils
    Play
    Richard N. Haass, Chen Dongxiao, and Nathalie Tocci discuss the mounting challenges to global governance and their implications for international cooperation, including rising climate concerns, economic volatility, and increasing great power tensions amid a global pandemic. The Council of Councils (CoC) is an international initiative created by the Council on Foreign Relations to connect leading foreign policy institutes from around the world in a dialogue on issues of global governance and multilateral cooperation. The CoC is composed of twenty-eight major policy institutes from some of the world’s most influential countries. It is designed to facilitate candid, not-for-attribution dialogue and consensus-building among influential opinion leaders from both established and emerging nations, with the ultimate purpose of injecting the conclusions of its deliberations into high-level foreign policy circles within members' countries.
  • Economics
    Investing for the Long-Term in a Short-Term World
    Play
    Panelists discuss how companies can focus on long-term value creation while meeting shareholder expectations for quarterly profit, whether capitalism should be reformed to encourage companies to ensure durable growth and sustainable investment, and how companies can plan and invest for the long-term while managing short-term pressures.  
  • China
    Term Member Discussion on China's Belt and Road Initiative
    Play
    Though the Belt and Road Initiative (BRI), Chinese President Xi Jinping’s signature foreign policy endeavor, has the potential to meet developing countries’ needs and spur economic growth, the reality is often otherwise. The COVID-19 pandemic has made a U.S. response more urgent, as the global economic contraction has accelerated the reckoning with BRI-related debt. Panelists discuss  how the United States should respond to BRI, including by putting forward an affirmative agenda of its own, drawing on its strengths, and coordinating with allies and partners to promote sustainable, secure, and environmentally responsible development.
  • Economics
    The Economic Outlook for 2021
    Play
    Panelists discuss the economic outlook for 2021, including post-pandemic global recovery expectations and the potential economic priorities of an incoming Joe Biden administration.    JOYCE: Good…
  • Americas
    Biden Can’t Pick Up in Latin America Where Obama Left Off
    Four years of malign U.S. neglect and continental upheaval will require a rethink of U.S. policy.
  • Economics
    Stephen C. Freidheim Symposium on Global Economics
    The 2020 Stephen C. Freidheim Symposium on Global Economics will discuss the implications of the coronavirus pandemic on global economic policy. The full agenda is available here. This symposium is presented by the Maurice R. Greenberg Center for Geoeconomic Studies and is made possible through the generous support of Council Board member Stephen C. Freidheim.
  • Puerto Rico
    Puerto Rico: A U.S. Territory in Crisis
    The Caribbean island, which shares a close yet fraught relationship with the rest of the United States, faces a multilayered economic and social crisis, rooted in long-standing policy and compounded by natural disasters, the coronavirus pandemic, migration, and government mismanagement.
  • Venezuela
    Young Professionals Briefing: Venezuela in Crisis
    Play
    Panelists discuss the situation in Venezuela, including the country’s domestic political, economic, and humanitarian situation, and the possible policy options for the United States. The CFR Young Professionals Briefing Series provides an opportunity for those early in their careers to engage with CFR. The briefings feature remarks by experts on critical global issues and lessons learned in their careers. These events are intended for individuals who have completed their undergraduate studies and have not yet reached the age of thirty to be eligible for CFR term membership. Please note only U.S. citizens are eligible for CFR membership.
  • Middle East and North Africa
    Is Lebanon a Failed State? Here’s What the Numbers Say.
    The August explosions in Beirut were the latest in a series of man-made disasters that have led some experts to say Lebanon is becoming a failed state.
  • Economics
    Revisiting the Ides of March, Part III: Scary Stories to Tell in the Dark
    This is a guest blog by Josh Younger, an interest rate strategist at J.P. Morgan. Joshua Younger is employed by the Research Department of J.P. Morgan Chase & Co. All views expressed in this forum ar…
  • Economics
    Revisiting the Ides of March, Part II: The Going Gets Weird
    This is a guest blog by Josh Younger, an interest rate strategist at J.P. Morgan. Joshua Younger is employed by the Research Department of J.P. Morgan Chase & Co. All views expressed in this forum ar…