Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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September 20, 1999
Global
Safeguarding Proseperity in a Global Financial System: The Future Financial Architecture Report of an Independent Task Force
September 20, 1999 — The international community will not make real headway in crisis prevention if private creditors—and particularly large commercial banks—can escape from bad loans to emerging eco…
October 7, 1999
Trade
The Diminishing Returns to Export-Led Growth
Overview In the 1970s and 1980s, there was a tremendous sea-change in development policy thinking, among both academic economists and policymakers. The inward-oriented, import-substitution strateg…
October 28, 1999
Financial Markets
The American Stock Market as a Financial Risk
Overview Developed nation policymakers will not likely have to deal with a US stock market decline that precipitates a global downturn. Most likely, guided by active, informed markets and sound go…
November 17, 1999
Trade
Who Decides? Congress and the Debate Over Trade Policy in 1934 and 1974
Introduction Governor Adlai E. Stevenson thought trade policy was boring; he once described it as one field where the greatest need is for fresh clichés. He had a point. In the long period that th…
December 29, 1999
Conflict Prevention
Calming the Ferghana Valley
Of all the regions of the former Soviet Union, Central Asia is potentially one of the most explosive and certainly one of the least understood. It is also growing rapidly in importance to U.S. nation…
