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Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
Introduction
Throughout its decades of independence, Myanmar has struggled with military rule, civil war, poor governance, and widespread poverty. A military coup in February 2021 dashed hopes for…
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Greece’s new political leadership is set to challenge the German-led austerity policies in Europe, which could spur the rise of more anti-establishment movements across the continent, says political risk analyst Ian Bremmer.
Interviewwith Ian Bremmer and Jeanne Park January 28, 2015
This weekend’s snap election in Greece could determine the direction of the country’s future, as well as shift the economic course for the rest of the eurozone, says expert Eleni Panagiotarea.
Interviewwith Eleni Panagiotarea and Jeanne Park January 23, 2015
Bottom Line: Recognizing that the recent debt restructuring was insufficient to restore Greece's creditworthiness, the IMF will likely toughen conditions for lending to countries with unsustainable d…
The EU and IMF should loosen the austerity requirements of Greece’s bailout package to allow the indebted country to implement needed growth-enhancing policies, says former prime minister George Papandreou.
Interviewwith George Papandreou and Christopher Alessi March 20, 2013
Back in July 2010, we produced a post examining the “Icelandic Post-Crisis Miracle,” as proclaimed by Paul Krugman. We showed that Krugman’s “miracle” was merely an artifact of comparing changes …
Blog Postby Greenberg Center for Geoeconomic Studies July 2, 2012
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A Greek exit from the euro following the country’s upcoming elections will be have negative consequences for Greece, European banks, as well as the eurozone, cautions CFR’s Sabastian Mallaby.
Greek elections this weekend could render a verdict on the country’s eurozone future, with analysts fearing serious consequences for the global economy, says this CFR Backgrounder.
Greece’s political turmoil is spreading fresh economic uncertainty. But it is wrong to assume an automatic exit from the euro or further sovereign debt contagion, says expert Iain Begg.
Interviewwith Iain Begg and Christopher Alessi May 16, 2012
Sebastian Mallaby, Director of the Maurice R. Greenberg Center for Geoeconomic Studies and Paul A. Volcker Senior Fellow for International Economics, says Greece is nearing a turning point in its debt crisis. Mallaby predicts that "Greece is going to have to default, it’s going to have to be restructured in its debt," and argues that policy-makers need to "prevent the fire from spreading out of Greece and causing trouble all across the eurozone."
Though Standard and Poor’s ranks Greece as the world’s lowest-rated economy, calling into question the eurozone’s future, economist Iain Begg says the debt crisis will paradoxically have the effect of deepening EU integration.
Interviewwith Iain Begg and Christopher Alessi June 14, 2011
Greece will undoubtedly receive a second bailout from the EU and IMF. But expert Daniel Gros says it remains to be seen whether default is inevitable and if banks and other private bondholders will also take a hit.
Interviewwith Daniel Gros and Christopher Alessi June 10, 2011
European Union Commissioner for Economic and Monetary Affairs Olli Rehn expects negotiations on a new Greek aid plan between the EU, IMF, and Greek government will conclude "in the coming days," ahead of the EU finance ministers’ meeting scheduled for June 20.
The C. Peter McColough Series on International Economics is presented by the Corporate Program and the Maurice R. Greenberg Center for Geoeconomic Studies.
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