home > the cfr think tank > experts > sebastian mallaby
Director of the Maurice R. Greenberg Center for Geoeconomic Studies and Paul A. Volcker Senior Fellow for International Economics
Deputy Director of Studies
Contact Info:
Phone: +1-202-509-8446
E-mail: smallaby@cfr.org
Location:
Washington, DC
Media downloads:
High-resolution photo (JPG, 487K)
One-page bio (PDF, 57K)
Columnist and former editorial board member at the Washington Post. Currently writing a book on hedge funds.
Expertise:Globalization, trade, foreign assistance, hedge funds.
Experience:Washington Post Columnist (1999- Present); Washington Post Editorial Board Member (1999-2007); Author of The World's Banker: A Story of Failed States, Financial Crises and the Wealth and Poverty of Nations (The Penguin Press: 2004); Washington Bureau Chief for The Economist (1997-1999); Tokyo Bureau Chief for The Economist (1993-1996); International Finance Correspondent for The Economist (1991-1992); Author of After Apartheid: The Future of South Africa (Times Books: 1992); Africa Correspondent for The Economist (1987-1991).
Languages:French (fluent)
Selected Publications:"Hands off Hedge Funds," Foreign Affairs (2007); "Saving the World Bank," Foreign Affairs (2005); "How NGOs Hurt the Poor," Foreign Policy (2004); The World's Banker: A Story of Failed States, Financial Crises and the Wealth and Poverty of Nations(2004).
Related Links:
CFR Forum: Financial Turmoil and U.S. Power
Current Research Projects
Past Research Projects
December 18, 2008
Op-Ed
Washington Post
Sebastian Mallaby argues against responding to the Madoff scandal with more regulation of hedge funds.
See more in Economics, Geoeconomics
December 4, 2008
Op-Ed
Washington Post
Sebastian Mallaby writes that the end-of-capitalism talk is bunk. It distracts us from the debate we should be having on how to manage the necessary shift in the balance of our mixed economy.
See more in Economics, U.S. Election 2008
November 24, 2008
Op-Ed
Washington Post
Sebastian Mallaby says that desperate times demand creative remedies. Fortunately, Obama has chosen to surround himself with experienced technocrats-pragmatists who excel at imaginative improvisation.
See more in Economics, U.S. Election 2008
November 13, 2008
Op-Ed
Washington Post
The financial insurance scheme known as the IMF has not kept up with the volume of capital flooding through the world's system. Sebastian Mallaby argues that it is time to radically update this insurance scheme and that government commitments to the IMF should be tripled.
See more in International Organizations
November 12, 2008
Audio
Listen to CFR experts Sebastian Mallaby, Benn Steil, and Brad Setser discuss the G20 international financial summit-dubbed Bretton Woods II-taking place in Washington, DC on November 15.
November 12, 2008
Transcript
A discussion on the current economic crisis.
See more in Economics, Business & Foreign Policy, Financial Crises, International Finance
November 3, 2008
Audio
Listen to experts explain the origins of the recent financial crisis and offer possible solutions for the current and next administrations.
See more in Economics, Financial Crises
October 26, 2008
Op-Ed
Washington Post
Sebastian Mallaby discusses how the financial crisis has shifted from scene to scene with terrifying speed. The crisis has now migrated into parts of the financial system which are hard to rescue-emerging markets and unregulated hedge funds.
See more in Financial Crises
October 25, 2008
Op-Ed
Wall Street Journal
In this Wall Street Journal op-ed, Sebastian Mallaby writes that persuading China to change its currency policy would be a worthy goal for a 21st-Century Bretton Woods. It will be up to the two great powers -- the U.S. and China -- to fashion a deal that brings China into the heart of the multilateral system.
See more in China, Economics, Financial Crises, International Organizations
October 20, 2008
Op-Ed
The Washington Post
The Europeans have pressed successfully for a new Bretton Woods summit in response to the global financial crisis, but the Bretton Woods analogy is contrived. Sebastian Mallaby argues that while there is a role for global cooperation, it is worth remembering that after the last global crisis in 1997-98, the only important reforms were national ones.
See more in Economics, Financial Crises, Global Governance, International Organizations
October 10, 2008
Op-Ed
The Washington Post
Sebastian Mallaby says that federal policy needs to pay more attention to ordinary families now that Wall Street has gotten its bailout. The fastest and fairest way to help ordinary people is via a budget stimulus package.
See more in Financial Crises
October 6, 2008
Op-Ed
The Washington Post
In this Washington Post op-ed, Sebastian Mallaby argues that blaming deregulation for the financial mess is both misguided and dangerous. One of the big challenges for the next president will be to defend markets against the inevitable backlash that follows this crisis.
See more in Economics, Financial Crises, U.S. Election 2008
October 3, 2008
Transcript
See more in United States, Financial Crises, International Finance
September 17, 2008
Transcript
In a conference call, experts debate what the financial crisis means for the functionality of the U.S. investment banking model.
See more in United States, Financial Crises, International Finance
September 26, 2008
Op-Ed
Washington Post
After the nationalization of Fannie, Freddie, and AIG, it is too late to worry about the government owning chunks of the financial system, says Sebastian Mallaby. Paulson must use the $700 billion fund to tackle the problem directly by recapitalizing the banking system.
See more in United States, Financial Crises
September 22, 2008
Audio
Listen to CFR fellows discuss topics such as U.S. relations with Asia, Russia, and Europe, as well as the financial crisis, nuclear terrorism, and climate change, as they relate to the presidential foreign policy debate.
See more in U.S. Strategy and Politics, U.S. Election 2008
September 22, 2008
Transcript
Perspective on the Presidential Foreign Policy Debate.
See more in United States, Congress, Foreign Policy History, Public Diplomacy
September 21, 2008
Op-Ed
Washington Post
Sebastian Mallaby says, the Treasury plan outlined Friday (9/26) involves vast risks, huge complexity and no guarantee of success. There are better ways forward, such as ordering banks to raise capital or buying equity stakes in them.
See more in North America, Financial Crises
September 18, 2008
Audio
Listen to CFR experts discuss the financial crisis and its global implications.
See more in Business & Foreign Policy, Financial Crises, Geoeconomics
September 16, 2008
Op-Ed
Washington Post
Sebastian Mallaby writes that in refusing to bail out Lehman, Paulson gambled that he could let the institution fail without sowing market pandemonium. If he is right, Paulson's move may limit the damage to U.S.-style financial globalization.
See more in Economics, Financial Crises
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.
In Termites in the Trading System, Jagdish Bhagwati reveals how the rapid spread of preferential trade agreements endangers the world trading system.
America Between the Wars explores how the decisions and debates of the years between the fall of the Berlin Wall and the collapse of the Twin Towers shaped the events, arguments, and politics of the world we live in today.
Complete list of CFR Books.
This report lays out a thoughtful agenda for U.S. policy toward the Democratic Republic of Congo, arguing that what happens there should matter to the United States--for humanitarian reasons as well as economic and strategic ones.
In this report, CFR Senior Fellow Michael A. Levi analyzes the potential use of deterrence in preventing terrorist groups from acquiring nuclear weapons and recommends a new approach to U.S. declaratory policy, as well as ways to improve U.S. capabilities to determine the sources of terrorist attacks.
Complete list of Council Special Reports.
For more information on the David Rockefeller Studies Program, contact:
Gary Samore
Vice President, Director of Studies, and Maurice R. Greenberg Chair
+1.212.434.9627
gsamore@cfr.org
Sebastian Mallaby
Director of the Maurice R. Greenberg Center for
Geoeconomic Studies, Deputy Director of Studies, and Paul A. Volcker Senior
Fellow for International Economics
smallaby@cfr.org
Janine Hill
Deputy Director of Studies Administration
+1.212.434.9753
jhill@cfr.org
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