Sir, Lawrence Summers is certainly correct in asserting that the right focus of the European countries must be on restoring economic growth if they are to restore fiscal sustainability (“Growth not austerity is the best...

The relationship between the U.S. and the People's Republic of China is multifaceted and goes well beyond economic relations, but questions of macroeconomic imbalances have remained at the heart of bilateral discussions between the two.

Ample mutual misunderstanding exists between the United States and China in their economic arguments. There is likely to be an important race between economic and demographic forces that will naturally redress the imbalances and the political imperatives for each country to stand tough and fight.

There has not yet been sufficient global policy coordination to ameliorate global payment imbalances. Such coordination is badly needed to protect the global economy.

Where do we stand with respect to global imbalances? What are the remaining dangers and the lessons of the past year?

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.

With the bursting of the US housing market bubble in 2007-08, praise for Alan Greenspan soon turned into almost universal condemnation. It is all too likely that a similar fate awaits Jean-Claude Trichet as the euro unravels over the next year or two.