Fiscal and Structural Reform

Europe’s Imperfect Banking Union

By Megan Greene

In her latest issue brief, “Europe’s Imperfect Banking Union,” Global Business and Economics Program Senior Fellow Megan Greene argues that the European banking union agreement as it currently stands will fall short of many of its goals and will only be useful in the next crisis, not in definitively ending the current one. A slew […]

Training Our Future: Skilled Workers and the Revival of American Manufacturing

By Alexei Monsarrat

Despite the economic challenges facing the United States following the financial crisis, recent economic developments provide new hope for the future of the US economy. Cheaper energy from newly accessible domestic shale deposits is driving down the cost of manufacturing. Labor factors that once drove production overseas during the 1980s through the early 2000s are slowly beginning […]

G20 Report: Renewing Globalization and Economic Growth

On the eve of the Pittsburgh G20 Summit, the Atlantic Council and Carnegie Mellon University examine the next steps for economic growth after the global financial crisis in Renewing Globalization and Economic Growth in a Post-Crisis World: The Future of the G20 Agenda.  The report is a product of an all-day expert conference in Pittsburgh.  “One […]

G20 Report: Stimulus and Regulation Compromise Needed

By Paola Subacchi, Alexei Monsarrat, and Robin Niblett

What started last year as a growing international credit crunch and, by September, a global banking crisis has now spread into the real economy. International trade, investment and economic growth are all contracting. A drastic curtailment of credit, collapsing global demand and a loss of trade finance is having a devastating economic effect on both […]