NDN Backgrounder: International Economic Policy for the 21st Century

Submitted by Jake Berliner on 6/5/09

News came yesterday that the bill containing coverage for the line of credit being extending to the IMF is being slowed because some sadly misinformed members of Congress are concerned that the money is, "a bailout that could line the pockets of terrorist regimes around the world." (John Boehner, courtesy of The Hill.) This scare tactic with no basis in reality would be funny, if the IMF money weren't going to be used in large part to maintain stability in fragile countries in the midst of a global economic crisis. Of course, it's that instability in fragile countries that could actually lead to terrorism.

In the spirit of educating on international economics, please find today's economic backgrounder:

  • Douglas Alexander Delivers Major Speech on Conflict, Fragility, and Development, 4/27/2009 - Alexander, the United Kingdom's Secretary of State for International Development, argued that governments aiding failed and fragile states must do more than work to support economic growth and provide basic services such as clean water, health and education; they must now "support political institutions and processes -- parliaments, political parties, civil society and the media."
  • The Politics of the Bottom Up Go Global by Simon Rosenberg, 4/3/2009 - Rosenberg, reflecting on President Obama's town hall in Strasbourg, writes that Obama has begun the transformation from President of the United States to the paramount leader of the world's peoples.
  • Shapiro Speaks on G-20, Need for Global Economic Action, 4/1/2009 - At an NDN event on "The G-20 and Beyond: Challenges Facing the Global Economy," Shapiro delivered wide-ranging comments on the global Great Recession, its causes, and the global leadership necessary to combat it. The event also featured U.S. Rep. Adam Smith, Foreign Policy magazine Editor-in-Chief Dr. Moisés Naím. 
  • U.S. Rep Adam Smith at The G-20 Summit and Beyond, 4/1/2009 - Ahead of the G-20 Summit, Smith, a Congressional leader on trade, terrorism, and international development, speaks on international trade and the need for a globally coordinated development strategy.
  • The Fallout of the Great Recession for Trade by Dr. Robert Shapiro, 2/11/2009 - Shapiro argues that the world is currently experiencing the economic symptoms of protectionism without actual protectionist measures being put in place, which could have dangerous consequences for the global economy.
  • Recovery Without E-verify and Buy American by Simon Rosenberg, 2/10/2009 - Rosenberg advocates for the removal of "Buy American" and E-verify provisions from the stimulus, provisions that will not stimulate the economy and will do more harm than good. 
  • The Global Economic Crisis and Future Ambassadorial Appointments by Simon Rosenberg, 11/26/2008 - With the mammoth task of rebuilding international financial architecture and recovering from a global recession awaiting the new President, Rosenberg points out the the ambassadors to the G20 nations will be key members of the economic team.
  • Harnessing the Mobile Revolution by Tom Kalil, 10/9/2008 - Tom Kalil, now the Associate Director for Policy of the White House Office of Science and Technology, authored this paper for the New Policy Institute. The paper argued that mobile communications technology can be a powerful tool for addressing some of the greatest challenges of the 21st century.