An Upbeat Economic Outlook for 2012

January 6, 2012
12:11 pm (EST)

An Upbeat Economic Outlook for 2012
Explainer Video
from Video

More on:

United States

Economic Crises

Byron Wien, Vice Chairman, Blackstone Advisory Partners, and Robert E. Rubin, CFR Co-Chairman and former U.S. Secretary of the Treasury, discuss the global economic outlook for 2012 in relation to Wien’s 27th annual "Ten Surprises" list of probable economic, financial market, and political events. Wien expresses optimism regarding the U.S. economy, unemployment, and oil prices, as well as growth prospects for Europe, emerging markets, and the Middle East, while acknowledging the need for astute crisis management among European and U.S. leaders. Rubin says we’re in the most uncertain and complex period in recent history with respect to the U.S. and global economies, calling it a "serious test for democracies around the world." The full report is called, "Ten Surprises for 2012."

More on:

United States

Economic Crises

Close

Top Stories on CFR

Pharmaceuticals and Vaccines

Some governments and businesses are starting to use digital and paper passes that certify a person has been immunized against COVID-19, spurring debate over the ethics of vaccine passports.

China

The Spring Meetings should address BRI’s pitfalls and advance policies to help put BRI countries on the path toward recovery and sustainable growth.

Democracy

In this special series of The President’s Inbox on the future of democracy, James M. Lindsay speaks with experts to discuss whether and where democratic governance is faltering around the world. This week, Pratap Bhanu Mehta, leading scholar of political theory, constitutional law, international affairs, and society and politics in India, breaks down the health of democracy in India. This episode is part of the Council on Foreign Relations’ Diamonstein-Spielvogel Project on the Future of Democracy.