March 10, 2009
Monetary PolicyAs 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…
October 13, 2006
Financial MarketsReplacing 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
DevelopmentRead 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…
May 30, 2017
U.S. Foreign PolicyManuel 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 MarketsA 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.
October 23, 2019
AmericasThe president's softer approach to criminal gangs just suffered a serious setback in Sinaloa.
October 22, 2019
MexicoViolence continues to rage in Mexico more than a decade after former President Felipe Calderon launched a crackdown on drug cartels.
September 17, 2019
AmericasBut President Andres Manuel Lopez Obrador is wasting the opportunity.
September 17, 2019
AmericasBut President Andres Manuel Lopez Obrador is wasting the opportunity.
September 24, 2010
ColombiaPresident of the Republic of Colombia, Juan Manuel Santos Calderón, discusses Colombia's economic advances, as well as new security measures to combat militants and drug warlords.