Transition 2008: Advising America's Next President: Fixing Global Finance

Transition 2008: Advising America's Next President: Fixing Global Finance

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Financial Markets

United States

Economic Crises

Reviving the global financial system requires a coordinated effort regulated by new policies and institutional adaptations, said experts in a November 11, 2008, talk jointly hosted by CFR, New York University's Stern School of Business, and the Economist. Panelists said the U.S. government would have to decide whether $700 billion was enough to stabilize the domestic economy while also taking part in broader measures to ensure enough liquidity to keep debtor countries afloat.

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