374 Results for:

February 13, 2015

Education
Scott Walker's Risky College Experiment

Since 2000, the percent of state budgets devoted to higher education has fallen from 13 percent to 9.5 percent. This decline in funding has strained public university finances, reduced pay for many p…

Wisconsin Governor Scott Walker speaks at the Freedom Summit in Des Moines, Iowa, January 24, 2015 (Jim Young/Courtesy Reuters).

August 28, 2015

United States
Scott Walker’s Foreign Policy Speech

Gov. Scott Walker gave a major foreign policy speech today at The Citadel, and it contained some points worth noting. I’ll skip over some of the rhetoric and the criticism of Clinton and Obama, which…

July 16, 2015

Elections and Voting
Campaign 2016: Governor Scott Walker, GOP Presidential Candidate

Twelve Americans have become president without having earned a college degree. (Two of them are on Mount Rushmore.) Wisconsin Governor Scott Walker, who studied at Marquette University but left befor…

Wisconsin Governor Scott Walker formally announces his campaign for the 2016 Republican presidential nomination during a kickoff rally in Waukesha, Wisconsin, July 13, 2015.

September 13, 2018

Military Operations
CFR Welcomes Visiting Fellows

September 11, 2018—The Council on Foreign Relations (CFR) welcomes the 2018–19 visiting fellows to the David Rockefeller Studies Program. Selected fellows have the opportunity to broaden their perspe…

July 2, 2015

Europe and Eurasia
Greece Fallout: Italy and Spain Have Funded a Massive Backdoor Bailout of French Banks

In March 2010, two months before the announcement of the first Greek bailout, European banks had €134 billion worth of claims on Greece.  French banks, as shown in the right-hand figure above, had…

Greece Fallout: Italy and Spain Have Funded a Massive Backdoor Bailout of French Banks

June 24, 2015

Europe and Eurasia
A Full Greek IMF-Debt Default Would Be Four Times All Previous Defaults Combined

Since the IMF’s launch in 1946, 27 countries have had overdue financial obligations of 6 months or more.*  But the amounts involved have always been small, never exceeding SDR 1bn ($1.4bn). This …

A Full Greek IMF-Debt Default Would Be Four Times All Previous Defaults Combined

June 23, 2015

Europe and Eurasia
Greece and Its Creditors Should Do a Guns-For-Pensions Deal

IMF Chief Economist Olivier Blanchard has said that Greece needs to slash pension spending by 1% of GDP in order to reach its new budget targets.  The Greek government continues to resist, arguing…

Greece and Its Creditors Should Do a Guns-For-Pensions Deal

June 5, 2015

Europe and Eurasia
Greece-Troika Gap Over Primary Surpluses Has Shrunk Dramatically

Greece has announced that it will not pay the IMF the €300 million due to the Fund on June 5.  Instead, it will “bundle” the payments due to the Fund over the course of June into one payment of ab…

Greece-Troika Gap Over Primary Surpluses Has Shrunk Dramatically

June 1, 2015

Monetary Policy
Are Fed Watchers Watching the Wrong People?

One effect of the financial crisis was to change how the Fed conducts monetary policy.  This could be long-lasting and important.Prior to the crisis, the Federal Open Market Committee (FOMC) set a…

Are Fed Watchers Watching the Wrong People?

May 21, 2015

China
Are China’s RMB Swap Lines an Empty Vessel?

As our recent CFR interactive shows, central bank currency swaps have spread like wildfire since the financial crisis.  In 2006, the Fed had only two open swap lines outstanding, with Canada and M…

Are China’s RMB Swap Lines an Empty Vessel?