Financial crisis

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

Crisis Convergence

Why the global economic crash, the rise of the Tea Party, the Arab Spring, and China’s coming fall are all connected.

BY GEORGE MAGNUS | AUGUST 31, 2011

The Black Hole of 9/11

As we assess the legacy of the 10th anniversary of America's seminal terrorist attack, it's worth looking at 10 events from the past decade that have actually been more important.

BY DAVID J. ROTHKOPF | AUGUST 29, 2011

Come Together

Leaders struggling to fix a world spiraling out of control are turning to international institutions. Are they up to the task?

BY DAVID BOSCO | AUGUST 18, 2011

Life After Debt

In this month's market upheavals in the United States and Europe, we are witnessing the end of a seven-decade economic experiment. But does anyone have any clue what comes next?

BY JAMES MACDONALD | AUGUST 18, 2011

Europe's Conservative Confusion

Nearly every government on the continent is center-right. So why can't they get along and figure out how to save the EU economies?

BY TYSON BARKER | AUGUST 12, 2011

The Euro and the Scalpel

Let's be clear: The European economies are in a life-or-death struggle. And the only smart solution now is to split the common currency in two.

BY EDWARD HUGH | AUGUST 9, 2011

Who's to Blame if We Double-Dip?

Five people, places, and things everyone's wagging their fists at as the markets crash.

BY CAMERON ABADI | AUGUST 5, 2011

Europe's Economic Meltdown: How Did We Get Here?

A look back at the missteps and bailouts, in pictures.

BY CAMERON ABADI | JULY 20, 2011

A Continent, Sinking

Europe's financial crisis is a Titanic moment, threatening to bring down not only the EU's major economies, but its political raison d'être. Is it too late to save the ship?

BY STEVEN ERLANGER | JULY 20, 2011

The World's Most Important Boring Man

How the economic fate of Europe, and the world, came to rest on the shoulders of an inconspicuous Italian banker.

BY CAMERON ABADI | JUNE 24, 2011

Why Recessions Are Good for Freedom

Democracy is best served with a side of economic stagnation.

BY CHARLES KENNY | MAY/JUNE 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

Original Sin

The seeds of the euro crisis are as old as the euro itself.

BY WOLFGANG MÜNCHAU | APRIL 7, 2011

Bring Back Bretton Woods

It's time for a rebirth of the world's top financial institutions.

BY BIAGIO BOSSONE | MARCH 14, 2011

An Ever Closer Union

With their currency's survival at stake, Angela Merkel and Nicolas Sarkozy write a new economic script for the continent.

BY BARRY EICHENGREEN | FEBRUARY 7, 2011

The Euro Is Dead

But, if Europe's leaders play their cards right, it can rise again.

BY CHARLES CALOMIRIS | JANUARY 6, 2011

Where Do Bad Ideas Come From?

And why don't they go away?

BY STEPHEN M. WALT | JANUARY/FEBRUARY 2011

Running the World, After the Crash

Has the era of global cooperation ended before it began?

BY RICHARD SAMANS, KLAUS SCHWAB, MARK MALLOCH-BROWN | JANUARY/FEBRUARY 2011

The Imaginot Line

Why we're still fighting yesterday's economic war.

BY PAUL SEABRIGHT | JANUARY/FEBRUARY 2011

The Depression? J'accuse!

Is France to blame for the Great Depression?

BY JOSHUA E. KEATING | JANUARY/FEBRUARY 2011

The Stories to Watch in 2011

For every totally out-of-the-blue crisis that seizes the international agenda, there are some that everyone should have seen coming. Here are five foreign-policy stories to watch in 2011.

BY CAMERON ABADI | DECEMBER 30, 2010

Spain on the Verge of a Nervous Breakdown

European leaders need to stop whinging and start solving their debt crisis for real.

BY EDWARD HUGH | DECEMBER 3, 2010

Fault Lines

Global Thinker No. 26 Raghuram Rajan's look at the fissures that brought about the global financial crisis -- and which are still at work today.

BY RAGHURAM RAJAN | DECEMBER 2010

Looking Back on Too Big to Fail

From the new afterword to Andrew Ross Sorkin's classic tale of the financial crisis, recommended by several FP Global Thinkers: Have we learned anything from our failures?

BY ANDREW ROSS SORKIN | DECEMBER 2010

The Pessimist

Nobel-winning economist and FP Global Thinker No. 30 Joseph Stiglitz was one of the first to predict the global financial crisis -- and has since been one of the most vocal critics of the U.S. government's response. Talking to Foreign Policy's Benjamin Pauker, he explained why he's not celebrating yet.

INTERVIEW BY BENJAMIN PAUKER | DECEMBER 2010

We Can't Say They Didn't Warn Us

A guide to who's still standing in the post-crash marketplace of ideas.

BY CHRYSTIA FREELAND | DECEMBER 2010