Since the beginning of the year, the U.S. dollar has fallen significantly, especially against the euro. By raising the domestic cost of imports, the declining dollar could pose a challenge to the Federal Reserve in its quest for non-inflationary economic growth.

Participants at this seminar will consider the likelihood of...

In October 2007, Dominique Strauss-Kahn is scheduled to assume the helm of the International Monetary Fund (IMF). He will do so at a time when the IMF is no longer a major lender to emerging market economies and when the IMF seems to have little to say about today’s large...

In the wake of the subprime mortgage crisis, a number of the largest U.S. banks have turned to sovereign wealth funds--the investment arm of cash-rich foreign governments--for large capital infusions to mend their troubled balance sheets. Additional large infusions of resources, which are to be expected as the subprime crisis...

At the beginning of June, Rodrigo Rato assumes the helm of the International Monetary Fund as its new managing director. He does so at a time when major global economic imbalances are contributing to exchange rate instability and when higher global interest rates could pose difficulties for the larger emerging...

The depreciation of the U.S. dollar has been gathering momentum; global financial markets must adjust to this trend. Our European allies worry about the impact on their own economic growth and the prospects for Asian economies are little better.

Until Alan Greenspan’s testimony on January 25, the goal of paying off the national debt had assumed the status of conventional wisdom in Washington. Now some of the trade-offs are becoming clear. Although many people believe that tax cuts or increases in government spending can prevent the complete liquidation...

A July 22 AEI conference addressed the decline of the dollar, with participants contending that the ramifications will be felt from Asia to Europe.