Global Economy in Crisis

  • Chart Books

    Chart books provide a graphical examination of topics of geoeconomic interest.

    Foreign Ownership of U.S. Assets ( HTML ι PDF )

    Updated 12/2011

    This chart book shows the growth in foreign ownership of U.S. assets over time.

    Foreign Exchange Reserves in the BRICs ( HTML ι PDF )

    Updated 11/2011

    This chart book shows the accumulation of foreign-currency reserves in the BRIC countries.

    Economic Recovery ( HTML ι PDF )

    Updated 9/2011

    This chart book compares the current recovery to previous post-war rebounds.

    Economic Downturn ( HTML ι PDF )

    Updated 9/2011

    This chart book compares key economic indicators from the latest recession to past downturns, both post-war and pre-war.

    Trends in U.S. Military Spending (Updated 6/2011)

    This chart book shows trends in U.S. military spending over time.

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    CGS Books

    More Money than God

    More Money Than God cover In More Money than God, Sebastian Mallaby has written the first authoritative history of hedge funds—from their rebel beginnings to their role in defining the future of finance.

    Money, Markets, and Sovereignty

    Money, Markets, and Sovereignty book cover In Money, Markets, and Sovereignty, the authors present a fascinating intellectual history of monetary nationalism from the ancient world to the present and explore why, in its modern incarnation, it represents the single greatest threat to globalization.

    The Closing of the American Border

    The Closing of the American Border book cover In The Closing of the American Border, Edward Alden goes behind the scenes to tell the story of the Bush administration's struggle to balance security and openness in the wake of the September 11, 2001, terrorist attacks.

    Termites in the Trading System

    Termites in the Trading System book cover In Termites in the Trading System, Jagdish Bhagwati reveals how the rapid spread of preferential trade agreements endangers the world trading system.

    CGS Council Special Reports

    Lessons of the Financial Crisis

    Lessons of the Financial Crisis book coverIn this report, Benn Steil shows that the financial crisis is the inevitable bust of a classic credit boom, and explains how monetary, taxation, and home ownership promotion policy combined with other feaures of the financial system to fuel an unsustainable buildup in debt. He recommends significant reforms to reverse the debt financing bias and make the system more resilient to falls in asset prices.

    Global Imbalances and the Financial Crisis

    Global Imbalances and the Financial Crisis book coverIn order for policymakers to tackle today's global economic crisis, this report argues, they must go beyond bailouts and stimulus packages and focus on one of the crisis's root causes: imbalances between savings and investment in major countries.

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