Speakers: Lewis Alexander, Takatoshi Ito, and Vincent Reinhart Presider: Sebastian Mallaby
Harsh winter weather appears to have dealt the global economic recovery a temporary setback, but growth is projected to pick up again later this year. Nomura's Lewis Alexander, Takatoshi Ito from the University of Tokyo, and Vincent Reinhart of Morgan Stanley discuss the current state of the global economy with CFR's Sebastian Mallaby.
Increased petroleum production in the United States, fueled largely by recent technological advances in hydraulic fracturing and horizontal drilling, has had a profound effect on the U.S. economy and global energy markets. CFR's Robert Blackwill sits down with Admiral Dennis Blair and former BP CEO John Browne to outline both the economic and geopolitcal implications of the current U.S. energy boom.
"Obama told me that the U.S.'s friendship with Israel is undying, but he also issued what I took to be a veiled threat: The U.S., though willing to defend an isolated Israel at the United Nations and in other international bodies, might soon be unable to do so effectively."
Is the West about to go to war with Russia over the fate of Ukraine? The question should answer itself. I can't imagine many Americans or Europeans willingly spending "blood and treasure" to keep Moscow's mitts off of Kiev and Kviv. So why, then, did President Obama publicly warn Vladimir Putin that armed aggression against Ukraine would lead to "consequences"?
"Putin's reaction exceeded our worst expectations. These next days and weeks in Ukraine are bound to be frightening, and worse. There is not only the threat of widening Russian military force. The new Ukrainian leadership is worse than weak. It is unstable. It faces the burden of legitimacy."
"Although comparisons between Egypt's 2011 uprising and the recent turmoil in Ukraine are largely unwarranted, CFR's Steven A. Cook writes that there is an important lesson for Ukraine in the Egyptian experience: the need for simultaneous economic and democratic reforms to achieve both political stability and economic prosperity."
It remains to be seen whether Ukraine's new government can overcome the challenges of a divided population and weak institutional infrastructure to bring about national unity and socioeconomic stability, says CFR's Charles Kupchan.
South Korea's development over the last half century has been nothing short of spectacular. Fifty years ago, the country was poorer than Bolivia and Mozambique; today, it is richer than New Zealand and Spain, with a per capita income of almost $23,000.
For much of last year, Turkey's economy seemed almost on top of the world. In May, as huge construction projects moved ahead, Ankara paid off its remaining debt to the International Monetary Fund, ending what seemed to many Turks a long history of humiliation.
Speakers: Erik Brynjolfsson, Jennifer Healey, and Chunka Mui Presider: James J. Shinn
Once thought of as science fiction, the autonomous vehicle may soon be a reality. Three leading thinkers in the field, MIT's Erik Brynjolfsson, Intel's Jennifer Healey, and Chunka Mui of the Devil's Advocate Group join James Shinn of Princeton University to discuss the future of driverless cars and the economic, legal, and policy questions that they raise.
As recently as 2008, the economies of Southeast Asia received roughly less than half as much foreign direct investment as China did. Four years later, in 2012, they pulled to within spitting distance ($111 billion versus $121 billion).
"Yet the state of the high seas is deteriorating (see article). Arctic ice now melts away in summer. Dead zones are spreading. Two-thirds of the fish stocks in the high seas are over-exploited, even more than in the parts of the oceans under national control. And strange things are happening at a microbiological level. The oceans produce half the planet's supply of oxygen, mostly thanks to chlorophyll in aquatic algae. Concentrations of that chlorophyll are falling. That does not mean life will suffocate. But it could further damage the climate, since less oxygen means more carbon dioxide."
Global agreements aim to promote peaceful nuclear power while preventing the spread of materials, equipment, and technologies used to make nuclear weapons. CFR's research, meetings, interviews, backgrounders, and interactive content provide an essential source of analysis on these issues.
CFR Experts Guide
The Council on Foreign Relations' David Rockefeller Studies Program—CFR's "think tank"—is home to more than seventy full-time, adjunct, and visiting scholars and practitioners (called "fellows"). Their expertise covers the world's major regions as well as the critical issues shaping today's global agenda. Download the printable CFR Experts Guide.
The author examines Pakistan's complex role in U.S. foreign policy and advocates for a two-pronged approach that works to quarantine threats while integrating Pakistan into the broader U.S. agenda in Asia.