In 2008, the G20 proved to be an effective forum for coordinating action to stem the global financial crisis. But now that the storm has passed, it remains to be seen if the G20 is capable of assuming leadership on key economic governance issues. […]
Though Europe can help itself economically by lowering interest rates and accelerating structural reforms, financial contributions from non-European countries through the IMF are needed most. […]
While it may no longer be possible to provide manufacturing workers the kind of security they once enjoyed, given the fact that technology and globalized markets are changing too quickly, a much better job can be done to help workers adjust to these changes. […]
French President Sarkozy’s request for Chinese money in support of the euro rescue symbolized three historic shifts in great power relations: the fragility and endangerment of the European project, the ascendance of China, and the beginning of the end of the American era. […]
With the global economy on unstable ground and little economic space remaining for additional policy support, world leaders must focus on preventing a catastrophe in Europe. […]
The global economic outlook for 2012 and 2013 is exceptionally uncertain. With the euro crisis continuing to fester, a global credit crunch, and generalized slowdown threatening emerging markets, it remains unclear where growth will come from. […]
The United States must take urgent steps to help Europe resolve its debt crisis, while simultaneously preparing for the worst—the collapse of the both the euro and global financial system. […]
The eighth World Trade Organization Ministerial Conference in mid-December will be held at a time when the global trading system faces considerable challenges, including a deteriorating global economic environment and mounting trade tensions. […]
The euro crisis has grown too big for Europeans to handle alone. The United States must act to help save the euro—or risk paying a much bigger price if it collapses. […]
After the failure of the U.S. “supercommittee”—which may mark the beginning of a multi year impasse—it is far from clear that Washington lawmakers will be able to address the country’s fiscal problems before the markets turn. […]
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