Deep Dive

The Reluctant Firewall

Can the Obama administration afford to sit on the sidelines while the European economic crisis worsens?

BY DAVID BOSCO | DECEMBER 16, 2011

Bitter Medicine

Bailing out the banks may be hard to stomach, but it's the only way to prevent a global economy predicated on financial institutions from plunging into recession.

BY KARL SMITH | DECEMBER 16, 2011

It's the Politics, Stupid

The eurozone crisis isn't about debt or deficits -- it's about a dysfunctional political system.

BY KATHLEEN R. MCNAMARA | DECEMBER 16, 2011

A Bridge to Nowhere

The Brussels plan is a decent stopgap. But if Europe's countries in crisis can't hold out long enough to start growing their economies again, it won't matter.

BY BARRY EICHENGREEN | DECEMBER 16, 2011

Interview: Larry Summers

Foreign Policy speaks with President Barack Obama's former top economic advisor about how European leaders can break their cycle of crisis summits -- and how vulnerable America is if it all spirals out of control.

INTERVIEW BY URI FRIEDMAN | DECEMBER 15, 2011

The Last Hope for Redemption

If European policymakers really do care about saving the monetary union, they're going to have to stop talking -- and start issuing Eurobonds.

BY JOHN MUELLBAUER | DECEMBER 15, 2011

Downward Spiral

Europe's crisis is morphing again -- for the third time in only 12 months -- and the implications for the global economy are even more complex, unsettling, and troubling.

BY MOHAMED EL-ERIAN | DECEMBER 15, 2011

Where There’s a Will…

If the founding members of the eurozone don't get their acts together, the euro will collapse.

BY MARK S. SHEETZ | DECEMBER 15, 2011

The Icarus Zone

Never before has a monetary union been so full of anticipation and hype. Should we have known that the euro would buckle?

BY DAVID MARSH | SEPTEMBER 7, 2011

An Exorbitant Burden

Why keeping the dollar as the world's reserve currency is a massive drag on the struggling U.S. economy.

BY MICHAEL PETTIS | SEPTEMBER 7, 2011

The New Triumvirate

Sayonara yen. By 2025, the renminbi, dollar, and euro will control the international currency system.

BY MANSOOR DAILAMI | SEPTEMBER 7, 2011

The Buck Stays Here

Why the dollar isn't going anywhere anytime soon.

BY DANIEL W. DREZNER | SEPTEMBER 7, 2011

Dreaming of SDRs

Why the IMF's long dreamed-of Special Drawing Rights will always be the currency of the future.

BY DAVID BOSCO | SEPTEMBER 7, 2011

The Multilateral Vacuum

If Washington can't get the Chinese to revalue their currency, can international institutions be of any help?

BY PHIL LEVY | SEPTEMBER 7, 2011

The Renminbi: The Political Economy of a Currency

Why it's a mistake for the United States to fear the yuan.

BY ARTHUR KROEBER | SEPTEMBER 7, 2011

Doha or Bust

The world's developing economies need to find a way to finish the Doha round -- but maybe not for the reasons you think.

BY HOMI KHARAS | JUNE 2, 2011

Interview: Ronald Kirk

FP speaks with the Obama administration's trade representative about this year's big three trade deals, their prospects on Capitol Hill – and why even Democrats should get in on the act.

INTERVIEW BY SUSAN GLASSER | APRIL 27, 2011

A Market for Good

Why American workers need the U.S.-Colombia free trade agreement.

BY MAX BAUCUS | APRIL 22, 2011

America's Free Trade Moment

Why the United States must sign three pending free trade agreements -- or risk losing its place in the global economy.

BY ORRIN HATCH | APRIL 18, 2011

Finish Doha, Save the Fish

How global trade talks could replenish our overfished seas.

BY PETER ALLGEIER | APRIL 18, 2011

A Bad Trade

Obama has swapped smart policy for the same-old job-crushing trade deals.

BY TODD TUCKER | APRIL 18, 2011

Nothing Free About It

The supposedly free trade deals miss the real barriers to global exchange.

BY CLYDE V. PRESTOWITZ | APRIL 18, 2011

On the Road to Doha

How the WTO has liberalized agricultural trade.

BY JASON H. GRANT , KATHRYN A. BOYS | APRIL 18, 2011

The People's Prescription

Why Congress must re-authorize measures to help globalization's jobless get back to work.

BY HOWARD ROSEN | APRIL 18, 2011

System Upgrade

We're saddled with a 20th Century trading system. We need new rules for tomorrow -- and we need them now.

BY PASCAL LAMY | APRIL 18, 2011