The financial crisis has had a disproportionate impact on migrants, who are among the most economically and politically vulnerable of the world. Host country governments should resist calls to expel foreign workers and instead extend them the protection of social programs. […]
Though global economic activity is beginning to stabilize, it is too early to say that a sustained recovery has begun. Considerable risks remain that the healing process could be interrupted by new shocks. To mitigate these risks, policies must remain proactive. […]
Ironically, the United States is among the countries least affected by the financial crisis. Financial markets have been hardest hit in Argentina and in Eastern European countries such as Ukraine and Hungary. […]
The Middle East and North Africa have been less affected by the global economic crisis so far, allowing Middle Eastern governments to continue delaying the deep economic and governance reforms required for long-term economic growth in the region. […]
Carnegie’s Uri Dadush and Denis Redonnet discussed how the economic crisis is affecting the EU and its member states, and how Europe can work together to create effective solutions. […]
Following through on promises made at the G20 meeting in London to help triple IMF resources will not only help hasten economic recovery, but also bolster U.S. leadership in a world economy on which it is increasingly reliant. […]
The global economy is on a knife-edge, teetering between a vicious and a virtuous cycle. Policies in response to the crisis will determine whether the global economy emerges in a high or low equilibrium. […]
According to the World Bank, global economic growth is likely to contract by two percent this year. With export markets shrinking, many have questioned whether China’s domestic economy can supplement the revenue gap. […]
Russia is among those countries that have been hardest hit by the global economic crisis. The country’s leadership can help avoid long-term economic and social problems by taking quick and targeted action to mitigate its impact on households. […]
The economic crisis may force policy makers to revise their view that open borders are a good thing. Now is the time to take bold steps to forestall a protectionist resurgence. […]
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