The Reluctant Firewall
Can the Obama administration afford to sit on the sidelines while the European economic crisis worsens?
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.
It’s the Politics, Stupid
The eurozone crisis isn't about debt or deficits -- it's about a dysfunctional political system.
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.
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.
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.
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.
Where There’s a Will…
If the founding members of the eurozone don't get their acts together, the euro will collapse.
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?
An Exorbitant Burden
Why keeping the dollar as the world's reserve currency is a massive drag on the struggling U.S. economy.
The New Triumvirate
Sayonara yen. By 2025, the renminbi, dollar, and euro will control the international currency system.
Dreaming of SDRs
Why the IMF's long dreamed-of Special Drawing Rights will always be the currency of the future.
The Multilateral Vacuum
If Washington can't get the Chinese to revalue their currency, can international institutions be of any help?
The Renminbi: The Political Economy of a Currency
Why it's a mistake for the United States to fear the yuan.
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.
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.
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.