The Council of Foreign Relations has begun a new forum on Financial Turmoil and U.S. Power. Sebastian Mallaby leads off with a short introductory essay. Invited contributors will be looking at whether the U.S. "capacity to sustain an international role may have been compromised" (or was German Finance Minister Peer Steinbrueck right that “the United States will lose its superpower status in the world financial system”).
Mallaby starts the discussion with three specific questions: (1) Will U.S. growth slow relative to that of its rivals?; (2) Will it become harder to sustain the pre-eminence of the dollar?; (3) Will American foreign policy be compromised by mounting indebtedness?
The invited contributors are :
Adam Posen - Arvind Subramanian
- Brad W. Setser
- Brink Lindsey
- Charles Calomiris
- Daniel Drezner
- Desmond Lachman
- Heidi Crebo-Rediker
- James K. Galbraith
- Jeffrey Frankel
- Joseph Nye
- Megan McArdle
- Michael Mandelbaum
- Nicholas Eberstadt
- Richard Medley
- Robert Litan
- Roger Kubarych
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