Debt restructuring and longer-term eurozone reforms will be needed to contain Europe’s sovereign debt problems and restore European stability and prosperity, says CFR’s Marc Levinson.

Rating agency S&P’s decision to downgrade Greek debt to "junk" may lead to softened pre-conditions for an IMF-EU bailout and a swifter European response, says CFR’s Marc Levinson.

Developed countries should embrace a stronger IMF while pressing for more equitable voting rights that would boost the institution’s legitimacy, says former IMF board member Domenico Lombardi.

Early stimulus withdrawal would hurt the U.S. economy, but the U.S. Treasury needs to announce a debt-reducing strategy to buoy market confidence, says sovereign debt expert Carmen Reinhart.

News that global trade contracted in 2009 underscores the need for Obama’s trade strategy to include negotiating exchange rates with Asian countries and promoting free trade agreements, says IIE’s Ga…