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Can the current post-Bretton Woods international monetary system prevent a return to the beggar-thy-neighbor policies and competitive devaluations that so harmed international prosperity in the 1930s? What are the system's flaws? Can they be corrected, and if so, how? An expert panel will address these and related issues.
Attempts at austerity and deleveraging in Europe have converted an economic problem into a political dilemma, with leftist governments rising against Germany's austerity-laced rescue packages. Germany now faces a tough economic decision that will involve choosing between a breakup of the current euro system and a movement toward a common fiscal policy in Europe.
The merits of fixed versus flexible exchange rates and whether the recent shift in U.S. and other official views on exchange rate regimes is appropriate.
The euro is in trouble, and one needn't have looked any further than the regime shakeups of 2011 for proof: both Greece and Italy lost prime ministers over the fury of the economic crisis. How did Europe's debt crisis so bad?
The spring 2008 expert pronouncements that the worst of the housing finance crisis was behind us now look similar to the spring 2007 declarations that the subprime debacle was contained. Returning panelists at this fourth conference in the Deflating Bubble discussion series have shown no such optimism. AEI scholar and...
As the Senate votes on the financial regulatory reform bill, AEI scholars are available to comment on the impact of the bill.
The world saw such extraordinary uncertainty in 2011 that a simple failure to repeat that debilitating climate of uncertainty in 2012 may engender a moderate recovery, especially in the US economy.
History shows us that sovereign governments often default on their loans, particularly in times of war or economic upheaval. Europe finds itself in this situation now and would do well to examine past sovereign debt crises—particularly, the European sovereign debt crisis of the 1920s—for lessons.







