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In The Media

The Day After Victory

The global financial crisis is too pressing for the next administration to wait until January to address. President-elect Obama must re-assess the international financial infrastructure, and decide whether an institutional solution would be more effective than the current ad hoc collaboration.

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By Jessica Tuchman Mathews
Published on Nov 5, 2008

Source: PRI's The World November 5

The global financial crisis is too pressing for the next administration to wait until January to address. President-elect Obama must re-assess the international financial infrastructure, and decide whether an institutional solution would be more effective than the current ad hoc collaboration. In an interview with Matthew Bell of PRI’s The World, Jessica T. Mathews also argued that the November 15th economic summit at the White House must involve the incoming administration.

Because the financial crisis is the most pressing priority, President-elect Obama should assemble his team of economic advisers early. Mathews suggested that Obama would likely revolutionize the transition process.
 

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About the Author

Jessica Tuchman Mathews

Distinguished Fellow

Mathews is a distinguished fellow at the Carnegie Endowment for International Peace. She served as Carnegie’s president for 18 years.

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Jessica Tuchman Mathews
Distinguished Fellow
Jessica Tuchman Mathews
EconomyForeign PolicyNorth AmericaUnited States

Carnegie India does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

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