CFR geoeconomic fellow Brad W. Setser explains what’s behind the dollar’s recent decline and says the Federal Reserve shouldn’t use interest rates as a tool to stabilize the exchange rate.

Despite turbulence in financial markets, Japan’s multiple disasters will likely not have a major global economic impact, and reconstruction will provide a boost to the Japanese economy in the long te…

Saving the European Union requires a plan to allow fiscally weak member countries to fail, as well as painful lifestyle changes and some loss of national sovereignty, says the Centre for European Pol…

Amity Shlaes, an economic scholar, says she is impressed by Sen. John McCain’s New Hampshire primary win but notes that he has not traditionally concentrated on economic policy, a chief area of voter…

Anthony H. Cordesman, a leading expert on the Middle East and intelligence matters, says three years after the invasion of Iraq, the United States has left a destructive legacy. Cordesman, of the Cen…