Published: Wed, 07 Dec 2016 17:32:28 -0500
Last Build Date: Wed, 07 Dec 2016 17:32:28 -0500Copyright: Copyright 2016 by the Council on Foreign Relations. All Rights Reserved.
Tue, 06 Dec 2016 11:13:55 -0500
International financial flows have declined significantly since 2008, and world trade is stagnating. Rather than portending a period of de-globalization, Sebastian Mallaby analyzes the data more closely to suggest a reset, not a reversal, of globalization.
Fri, 02 Dec 2016 09:47:52 -0500
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn writes that financial markets rallied following the U.S. election, on hopes that President-Elect Donald J. Trump’s fiscal stimulus and deregulation initiatives would spur corporate profits and growth. Perhaps so, but a strong case could be made for the opposite: that Trump’s economic agenda will prove disruptive to trade and growth, face growing headwinds in Congress, and exert a contractionary impact on the U.S. economy.
Thu, 01 Dec 2016 12:09:45 -0500
Italy’s vote on constitutional reforms, which may determine whether the country can escape its economic doldrums and rescue its ailing banking system, could have consequences for all of Europe, says CFR’s Robert Kahn.
Wed, 30 Nov 2016 12:00:24 -0500
Edward Alden discusses how the past four decades of U.S. trade and economic policy left many Americans behind in the global economy, and what the next administration might do to address this trend.
Mon, 28 Nov 2016 13:50:33 -0500
Robert Greifeld discusses how the recent and upcoming elections in France, Germany, and the United States might affect trade, markets, and the future of globalization.
Fri, 18 Nov 2016 15:24:23 -0500
Experts discuss the future of U.S. trade policy in light of the recent election of Donald Trump to the U.S. presidency.
Thu, 17 Nov 2016 14:00:10 -0500
Susan Kaufman Purcell discusses the future of U.S.-Cuba relations.
Wed, 16 Nov 2016 13:03:08 -0500
Peace Corps Director Carrie Hessler-Radelet and IBM's Stanley Litow discuss corporate efforts to tackle global challenges and public-private partnerships.
Wed, 16 Nov 2016 10:06:21 -0500
The best way to advance the interests of American workers and consumers is to negotiate better and stronger international agreements, argue CFR's Thomas J. Bollyky and Edward Alden.
Tue, 15 Nov 2016 13:50:28 -0500
Sebastian Mallaby responds to former Fed Chairman Ben Bernanke’s review of his biography on Alan Greenspan.
Tue, 15 Nov 2016 11:42:04 -0500
Trump poses a serious threat to U.S. institutions, argues Sebastian Mallaby in a new Washington Post op-ed, and the Federal Reserve is right in the line of fire.
Thu, 10 Nov 2016 09:43:46 -0500
CFR’s Edward Alden argues that trade is the biggest economic issue that led to Donald Trump’s election.
Mon, 07 Nov 2016 15:52:01 -0500
Stanley Fischer discusses monetary policy, inflation rates, growth, and the Federal Reserve's outlook on the future of the U.S. economy.
Mon, 07 Nov 2016 15:46:47 -0500
Experts consider the economic effects of artificial intelligence.
Thu, 03 Nov 2016 17:14:13 -0400
Charles Evans discusses U.S. economic performance since the 2008 recession, long-term implications for monetary policy, and Federal Reserve strategies for growth.
Thu, 03 Nov 2016 16:06:25 -0400
In Failure to Adjust: How Americans Got Left Behind in the Global Economy, Council on Foreign Relations Bernard L. Schwartz Senior Fellow Edward Alden explains why the political consensus in support of trade liberalization has collapsed, and how to correct the course. The United States has contributed more than any other nation to writing the rules that created the competitive global economy of today, helping support stronger growth in much of the world. Yet successive U.S. administrations have done far too little to help Americans succeed under those rules, says Alden.
Thu, 03 Nov 2016 12:13:59 -0400
“Much more even than globalization, technology is going to create upheaval and destroy industries and jobs. This can be for the better, helping us create new and more interesting jobs or freeing up time for leisure and artistic pursuits. But unless we find ways to share the prosperity and help Americans adapt to the coming changes, many could be left worse off than they are,” argue Vivek Wadhwa and Edward Alden.
Wed, 02 Nov 2016 11:37:35 -0400
“The real progress has been not in Washington—where the idea of an active government role in promoting economic competitiveness remains suspect—but in the states and the largest cities. More and more local governments have taken the lead in developing competitiveness strategies that start from the premise that local prosperity depends in good part on success in international economic competition,” argues CFR Senior Fellow Edward Alden. This is an excerpt from his new book, Failure to Adjust: How Americans Got Left Behind in the Global Economy.
Wed, 02 Nov 2016 10:00:17 -0400
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that the Group of Twenty (G20) policymakers agree on the importance of stronger and more inclusive growth to address growing populism, but disagree on who—central banks, treasuries, or legislatures—should take the lead. This standoff all but guarantees that the global recovery will continue to disappoint.
Fri, 28 Oct 2016 13:59:31 -0400
Greg Hayes provides his perspective on trade, globalization, and the development of a competitive and educated workforce in an evolving global economy.
Thu, 27 Oct 2016 09:00:03 -0400
Global value chains have changed the way that the world trades. The World Trade Organization (WTO) should embrace the confluence of shared social preferences and trade, where it may exist such as digital trade, food and drug safety, and climate smart-agriculture, as a motivation for advancing international regulatory cooperation. To do that, changes to the corporate governance of the WTO are needed to facilitate the use of plurilateral agreements and to multilateralize progress already occurring bilaterally and regionally.
Thu, 20 Oct 2016 12:31:51 -0400
Sebastian Mallaby uses the framework of central bank power to examine the rise and recent decline of the cult of the expert. He concludes that, ironically, experts need to play the political game if they hope to maintain their legitimacy; and that a healthy democracy is well served by a mix of public accountability and technocratic independence.
Thu, 20 Oct 2016 11:01:52 -0400
A history of the last four decades of U.S. trade policies and a blueprint for how to keep the United States competitive in a globalized economy.
Wed, 19 Oct 2016 13:04:57 -0400
For a serious attempt to help address worker displacement and anxiety, consider these proposals outlined by Robert E. Litan.
Wed, 19 Oct 2016 12:41:15 -0400
The traditional U.S. economic agenda in East Asia needs to be complemented with a push for the policies needed to bring East Asia’s savings down to a level that the region can more easily absorb internally.
Wed, 19 Oct 2016 10:04:54 -0400
Many countries quietly reduced their subsidies in the past few years, but more work remains. The United States can help consolidate these goals, write CFR’s Varun Sivaram and Jennifer Harris.
Tue, 18 Oct 2016 14:54:43 -0400
Robert Kahn and Sebastian Mallaby discuss the recent decline in value of the British pound, the tie-in to Brexit, and the wider economic implications.
Tue, 18 Oct 2016 12:17:35 -0400
Sebastian Mallaby discusses The Man Who Knew: The Life and Times of Alan Greenspan, a new biography of former chairman of the Federal Reserve Alan Greenspan.
Tue, 18 Oct 2016 10:40:07 -0400
Fuel subsidies often strain government budgets, fail to target poverty efficiently, distribute benefits unfairly, perpetuate corrupt regimes, and worsen climate change.
Fri, 14 Oct 2016 13:13:22 -0400
Two African members of CFR's Global Board of Advisors discuss the geopolitical and geoeconomic issues facing the continent today. CFR's Global Board of Advisors, founded in 2012, fosters a dialogue between business and global leaders from the United States and abroad.