Economy & Business

Global Economic Council Needed after Financial Crisis

By Timothy Adams and Arrigo Sadun

How do you transform the International Monetary Fund, an institution until recently widely criticised for its lack of legitimacy and representativeness, on the verge of irrelevance, into the international community’s premier tool for fighting the global crisis?

Euro Catching Up to Dollar in Counterfeiting Game

By James Joyner

In a few short years, the euro has become the second-most-traded currency in the world.  Now, counterfeit euros are spreading faster than the real thing.

Josef Ackermann on the Global Economic and Financial Crisis

Deutsche Bank CEO Dr. Josef Ackermann visited the Atlantic Council for a frank discussion about the global economic crisis.

Pirates Convicted in Stockholm. Music Pirates.

By James Joyner

While the world’s attention has been captured by old-style pirates off the coast of Africa, a Swedish judge yesterday issued a landmark ruling against the other kind of pirates. 

Fiat CEO: Cut Wages or No Chrysler Deal

By James Joyner

The Obama administration’s attempt to shepherd a shotgun marriage between Chrysler and Fiat appears to be in serious trouble. Fiat CEO Sergio Marchionne is demanding major concessions from labor unions before agreeing to any deal — and is offering next to nothing in return.

Saving Europe’s Market Economy

By Mario Monti

If the world economy is in crisis, the market economy is even more in crisis. It is seen as unfair, having generated unacceptable inequalities; and inefficient, having attracted massive resources into financial activities whose contribution to the economy is questioned. Yet the world needs an integrated market economy, a necessary, though not sufficient, condition for […]