If the United States cannot get its fiscal house in order, the dollar’s privileged position as the world’s reserve currency may be at risk—at a time when there seem to be few if any plausible alternatives.
Finance ministers around the world are up in arms over the Fed's latest efforts to jump-start the anemic U.S. economy. The future of globalization hangs in the balance.
The IMF has become little more than an abettor of bad policymaking. To avoid the next meltdown, the IMF must become a global advocacy group. Diplospeak is out; punchy prose and clear policy recommendations are in.
Minxin Pei warns that China's rise may be in its last stages, but Jonathan Anderson says China's GDP juggernaut will continue going strong.
Jeffrey Sachs explains why the new world order of the twenty-first century is crisis-prone.
Economic interdependence leads to peace, say the globalizers. Think again, and examine the U.S.-Chinese connection.
America and Europe compete to influence the international system. The U.S. response should be a new formulation of an old strategy.
Seven seasoned observers react to William Odom's interpretation of post-Soviet Russian reality, and Odom replies.
European democracy is under strain from both external and internal pressures. But Europe still has democrats determined to save it.