135 Results for:

October 13, 2006

Financial Markets
Playing Monopoly with the Devil: Developing World Needs to Adopt the Dollar as its Currency

Replacing domestic currencies with an international one is the best way for developing countries to create a financially stable environment and integrate into the ever-globalizing world economy, argu…

October 10, 2006

Development
Playing Monopoly with the Devil

Read an excerpt of Playing Monopoly with the Devil. Why should a developing country surrender its power to create money by adopting an international currency as its own? This comprehensive book ex…

March 10, 2009

Monetary Policy
Monetary Nationalism Will Worsen Economic Crisis, Warns New Book by Benn Steil and Manuel Hinds

As a global economic crisis unfolds, a new book by CFR director of international economics Benn Steil and former Salvadoran finance minister Manuel Hinds warns that the incompatibility of globalizati…

May 30, 2017

U.S. Foreign Policy
Manuel Noriega, 1934-2017

Manuel Noriega died over the weekend, and therein lie many tales. The ancient Latin bromide de mortuis nihil nisi bonum must be stretched to discuss Noriega, who until his capture and jailing by t…

March 31, 2009

Financial Markets
Money, Markets, and Sovereignty

A fascinating intellectual history of monetary nationalism from the ancient world to the present exploring why, in its modern incarnation, it represents the single greatest threat to globalization.

February 2, 2018

Venezuela
Demonstrators rally against Venezuela's President Nicolas Maduro in Caracas, Venezuela. Venezuela in Crisis

President Nicolas Maduro’s efforts to consolidate power amid a deepening economic and humanitarian crisis have drawn widespread international condemnation.

February 1, 2018

Mexico
Mexico's President Enrique Pena Nieto stands during the promulgation of the anti-corruption laws at the National Palace in Mexico City, Mexico July 18, 2016. Mexico's Voters Have Bigger Problems Than Trump

United States institutions have led the charge against corruption and corporate malfeasance in Mexico. But they can’t replace a working homegrown legal system. For all the strides Mexico has made in …

January 11, 2018

Brazil
A Petrobras refinery in Cubatao, Brazil. Brazil’s Corruption Fallout

Federal investigators in Brazil have uncovered corruption at the highest levels of the government and in the country’s largest corporations.

December 28, 2017

United States
Kohl 1989 Ten World Figures Who Died in 2017

I wrote yesterday about ten Americans who died in 2017 who helped shape U.S. foreign policy during their lifetimes. But Americans are not the only ones who influence world affairs. Below are ten worl…

December 26, 2017

Americas
Andres Manuel Lopez Obrador Populism Looms Over Latin America's Election Year

In 2018, nearly two out of every three Latin Americans will head to the polls to elect new leaders, and the fight against corruption will be high on their agenda. The surge to throw the bums out coul…