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February 17, 2012 The World This Week How, and How Not, to Debate The Budget Edward Alden The President's budget has begun the conversation anew. And that's about the best, these days, that a budget can do. Read more on Renewing America » What's at Stake for Corporate Taxes in the Budget? As the White House releases the 2013 budget, corporate taxation could be an issue where Congress can find compromise on fiscal policy. Both parties agree the current corporate tax regime is inefficient and often disadvantages U.S. businesses globally. Read the Analysis Brief » The Plot Thickens in Eurozone Crisis Despite fresh austerity measures, Greece could still fail to secure a new EU-IMF bailout and default on its debt. But the plan for a fiscal compact to accelerate European integration forges ahead. Read the Backgrounder » Bombings in Bangkok Joshua Kurlantzick On Tuesday, several explosions detonated in one of the most heavily crowded areas of Bangkok. The explosions seemed to surprise the Thai police and government, but they should not have. Despite an enormous security presence in the Thai capital and at its airports, Thailand remains extraordinarily vulnerable to terrorist attacks. Read Asia Unbound » The World Ahead Why We Still Need the World Bank Robert Zoellick Reflecting on his tenure, in the forthcoming issue of Foreign Affairs, Zoellick stresses the importance of development, and the bank's role in helping developing countries—its clients—"move beyond aid." Read more on ForeignAffairs.com » The Quiet Revolutionary Who Saved the World Bank Sebastian Mallaby Robert Zoellick has guided the World Bank into an era of greater transparency, collaboration, and innovation. Read More » Five Things to Know About the G20 Stewart M. Patrick As Mexico prepares to welcome the first meeting of G20 foreign ministers this weekend, the future of the G20 remains unknown as the scope of its mission continues to be debated. Watch the video » U.S. Needs a Strategy to Advance the Arctic Economy Melissa Bert Unlike its Arctic neighbors, the United States is failing to take full advantage of the tremendous economic potential of the Arctic region. Read the Policy Innovation Memo » Political Challenges Await Next U.S. President on Trade Thomas Bollyky The winner of the 2012 presidential election will face important leadership tests on trade, including leveling the playing field with China and finalizing the Trans-Pacific Partnership. Watch the video »
U.S.-South Korea Alliance Critical to Stability in Asia As President Obama's new defense strategy seeks to shift resources to Asia, and the future of the Korean Peninsula remains uncertain, the United States will increasingly seek alliances in the region to ensure global stability, security, and prosperity. In a new volume of collected essays, CFR Senior Fellow Scott Snyder writes that one of the strongest partners for the United States is South Korea. Read the Book
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WORLD EVENTS CALENDAR February 21: Presidential Election, Yemen
CFR Resources on: Yemen » February 25 - 26: G20 Finance Ministers to Meet, Mexico
CFR Resources on: G20 » View the Calendar » Inside CFR
The U.S. Aging Population as an Economic Growth Driver for Global Competitiveness: Joseph F. Coughlin, Kelly Michel, and Michael W. Hodin discuss how an aging population can contribute to economic growth. Read the transcript
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