Thursday, August 28, 2014
  1. Bringing It Back Home

    Martin Feldstein
  2. Europe’s Fitful Financial Integration

    Howard Davies

    Europe’s Fitful Financial Integration

    2

     examines the benefits and limits of further regulatory centralization.

    Euro Coins Lif/Flickr

    The road to pan-European financial regulation over the last two decades has been winding and rocky. But the general direction is clear: Unless the new internal market commissioner takes a different view, the European Commission will push further in the direction of centralization. READ MORE

  3. China’s Fire Next Time

    Yu Yongding

    China’s Fire Next Time

    1

     warns that unless officials stem the rise in corporate leverage, economic crisis is inevitable.

    Fire Extinguisher Building China Whitehotpix/ZumaPress

    The Chinese economy has been stabilizing in recent months, easing fears of a financial crisis. But, with the economy's fundamental problems – particularly a sharp rise in corporate debt – remaining unresolved, the respite may be brief. READ MORE

  4. How Money is Made

    Karl-Theodor zu Guttenberg

    How Money is Made

    &  propose a strategy to boost lending for investments that contribute to GDP.

    Making Money Tiz/Flickr

    The unfettered creation of money by private banks has generated overwhelming instability, undermining the fundamental principle that money creation should serve the public good. By implementing safeguards that ensure that credit serves productive purposes, policymakers can achieve debt-free, stable, and sustainable economic growth. READ MORE

  5. The Fragmentation of Bretton Woods

    Mohamed A. El-Erian

    The Fragmentation of Bretton Woods

    3

     says that refusal to reform the IMF and the World Bank is making the world more dangerous.

    IMF Managing Director Christine Lagarde

    In recent years, political support for economic multilateralism has eroded, undermining the effectiveness of the Bretton Woods institutions and disrupting the international monetary system. This is not only hampering the global economy’s ability to meet its potential; it is also contributing to geopolitical insecurity. READ MORE

Face-Off

More
230 pages
230 pages

Translations available in 11 Languages

  • ArabicArabic
  • ChineseChinese
  • CzechCzech
  • DutchDutch
  • EnglishEnglish
  • FrenchFrench
  • GermanGerman
  • ItalianItalian
  • PortuguesePortuguese
  • RussianRussian
  • SpanishSpanish