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The debate about fair value accounting has only intensified since the financial crisis began.
“Americans spend too much on health care.” “We have worse health outcomes than our European counterparts.” Talking points such as these helped drive President Obama’s controversial and sweeping health care reform into law two years ago. But are they accurate?
"Old Europe"--the Western European and Scandinavian countries--has become, to some critics, a symbol of economic stagnation and political gridlock. But in recent years, many European countries have adopted reform policies that will surprise many Americans. Indeed, Western Europe is fast becoming a land of "new ideas" from which American policymakers can learn.
Chinese telecom-equipment maker Huawei has become a global corporate giant, yet security concerns from US officials have kept it from gaining a foothold in America, intensifying US-China tensions. In a time of great economic need, US desire for foreign direct investment from China is clashing with fears over cyber attacks from organizations suspected to be under Beijing’s influence.
According to the most recent statistics available from the Organisation of Economic Co-operation and Development (OECD), the U.S. combined corporate income-tax rate was second highest among the thirty OECD countries (39.3 percent in 2005). However, as a percentage of gross domestic product (GDP), the revenue yield of the corporate income-tax...
Successful social security policy for Russia, consequently, will depend upon much more than social programmes alone: it will require the reduction of mortality rates for working-age individuals, the revitalization of higher education, and fundamental reform of the country's institutions and economic policies.
At this conference, panelists will consider the distinguishing characteristics of “tax haven” countries, the use of tax havens by U.S. and foreign investors, and the economic impacts of tax havens on high-tax countries. Unilateral and multilateral policy responses will be discussed, including presentations by Bill Thomas, chairman of the U.S....
According to the most recent data from the Reuters/University of Michigan Survey of Consumers, consumer confidence is near a fifty-year low. Record rates of foreclosure, declining home values, and rising commodity prices are all driving a negative attitude about the economy. While these conditions cause concern in the United States,...





