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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.

published by
PRI's The World November 5
 on November 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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