Economy & Business

America’s Coming Decline?

By James Joyner

Arnaud de Borchgrave, UPI Editor at Large, notes that the recent shocks in the U.S. and world financial markets have created a radical realignment in global perceptions

European Banks Too Big To Save?

By James Joyner

Cynthia O’Murchu and Emma Saunders, writing for the Financial Times, recently asked “Are European banks too big to fail?” 

Financial Crisis: View from Europe

By James Joyner

The deepening and spread of the U.S. financial crisis and the government’s late move to step in to offer regulatory oversight and bailouts might reasonably have been expected to generate a round of “I told you so’s” from Europe. 

‘New’ Europe Outworks ‘Old’ — USA, Too?

By James Joyner

Workers in eastern Europe work more hours and take less vacation than their counterparts to the west.

A Road Map for Restructuring U.S. Relations with Cuba

The U.S. government has sought to advance democratic and free-market change in Cuba for 47 years. Those efforts have failed. Indeed, the transfer of power from Fidel Castro has produced little change in Cuba’s politics and took place with no manifestations of broad popular demands for an end to one-party Communist rule. Instead, the Cuban […]

Transatlantic Leadership for a New Global Economy

The Council’s report Transatlantic Leadership for a New Global Economy is the product of a commission co-chaired by Stuart E. Eizenstat, former deputy secretary of the Treasury a­nd Council board member, and Grant D. Aldonas, former under secretary of Commerce for international trade. The report argues that to deal with a new international economy, the […]

Can German Locomotive Drive the European Economy?

During the second half of 2006 and in early 2007, the German economic eng­ine seemed to gain speed, moving into recovery after several years of stagnation. Whether this recovery is sustainable is still unclear, however. With its­ reliance on exports, Germany remains vulnerable to any downturn in the global economy. Nor is it yet clear […]

China’s rise and US influence in Asia

Following the publication of his most recent book, China’s Rise in Asia: Promises and Perils, Dr. Robert Sutter embarked on a research trip in spring-summer 2006 which involved dozens of workshops to explore China’s rise and U.S. leadership in Asia. These workshops were attended by several hundred non-government specialists and elites in 21 cities of […]