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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…
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.
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…
January 10, 2019
AmericasInvesting more in human capital is the region’s best hope to escape the middle-income trap.
January 9, 2019
AmericasInvesting more in human capital is the region’s best hope to escape the middle-income trap.
December 12, 2018
Elections and VotingMillions of people around the world voted in 2018. Russian President Vladimir Putin earned his fourth term in office, though the contest was far from free and fair. Hungarian Prime Minister Viktor Or…
December 7, 2018
MexicoDevelopments in conflicts across the world that you might have missed this week.
November 30, 2018
MexicoHis personalistic presidency threatens years of hard-won institutional gains.
