In the face of persistently high unemployment, policymakers and workers look to innovation and entrepreneurship to create new jobs. This Backgrounder discusses how entrepreneurs create and finance the startups that power U.S. job growth, and the ramifications of policies such as the JOBS Act.

Charles A. Kupchan argues that though it is not too late to save the euro, it is growing too late to save the E.U, as restoring confidence in Europe's integration will prove both more decisive and more elusive.

International efforts to ease Syria's crisis have been limited by divisions in the UN Security Council and a wariness about a military response, as this Backgrounder explains.

With the eurozone crisis at a "critical" point, substantive interim measures are needed to reestablish stability while long-term fundamental changes are pursued, says CFR's Robert E. Rubin.

The EU Fiscal Compact, also known as the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union, was signed on March 2, 2012 by EU member states except the UK and Czech Republic.

Jagdish Bhagwati argues the failure of the Doha round's multilateral trade negotiations undermines the rule-making authority and dispute-settlement mechanism of the World Trade Organization.

Economic Downturn: Compares economic indicators from the latest recession to past downturns, both post-war and pre-war, to demonstrate the recent recession is worse than other post-war recessions.

Robert Rubin explains how the pressures of the "fiscal cliff" will present U.S. political leaders with a rare second chance to make critical fiscal reforms after the 2012 elections.

Examines data including GDP, household debt, and industrial production to show the weakness of the current recovery compared to previous postwar rebounds.

Gayle Tzemach Lemmon and Ashley Harden state, "Business must be part of putting lives together after war. And economies."

Sebastian Mallaby explains why private equity represents a sound alternative to the beleaguered public equity model of corporate governance.

The U.S. financial sector is at risk of eurozone sovereign debt contagion that could potentially undermine the fragile U.S. economic recovery, explains economist Richard H. Clarida.

William C. Dudley, president and chief executive officer of the Federal Reserve Bank of New York, discusses monetary policy.

This meeting was part of the C. Peter McColough series on International Economics.

William C. Dudley, president and chief executive officer of the Federal Reserve Bank of New York, discusses monetary policy.

This meeting was part of the C. Peter McColough series on International Economics.

President Obama gave this speech on employment in Des Moines, Iowa on May 24, 2012.

William C. Dudley, president and chief executive officer of the Federal Reserve Bank of New York, discusses monetary policy.

This meeting was part of the C. Peter McColough series on International Economics.

Michael Spence surveys a variety of economic development models, highlighting the problems of long-term sustainability inherent to each.

Martin Wolf writes that, if a eurozone breakup is too costly and greater fiscal solidarity is unattainable, faster adjustment is the only route to bring the region back to health.

Talks in Baghdad reflect Iran's new willingness to discuss its nuclear program, but sanctions may not sting enough to make it change course, says expert Hassan Hakimian.

Peter Orszag explains that, when U.S. officials adopt policies carefully designed to produce future federal deficit reductions, most of those reductions do eventually happen.