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January 1, 1996

Economic Crises
Lessons of the Mexican Peso Crisis

What the United States and the international community have done for Mexico is unique. No other country, with the exception of Canada, could muster such support from the U.S.government. The Mexican p…

April 1, 1997

Foreign Aid
Financing America's Leadership

Relative to the average of the 1980’s, U.S. government spending on international affairs has fallen nearly 20 percent in real terms and will decline by as much as another 30 percent under budget-bala…

July 1, 1998

Capital Flows
Capital Flows and the International Financial Architecture

Overview This paper addresses the questions that arose out of the Asian financial crisis of 1997-1998, specifically whether or not financial liberality is inherently beneficial. Several notable sc…

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September 16, 1998

Asia
Testimony by Adam Schwarz Before the Asia and Pacific Subcommittee on International Relations, U.S. House of Representatives

Thank you, Mr. Chairman, for inviting me to speak today at the hearing on current developments in Indonesia. I am the Edward R. Murrow Fellow at the Council on Foreign Relations, specializing in Sou…