The ingredients for Detroit's longterm economic recovery are already there. It is worth noting that "the quality of knowledge institutions, its International airport, and openness to global talent put Detroit in a different category than other hard-pressed Rustbelt cities."
Michael Spence argues that, although research suggests high debt levels have a negative effect on long-term growth, countries cannot restore growth through austerity measures alone.
PBS journalist Paul Solman interviewed Secretary of the Treasury Jack Lew about long-term unemployment, economic growth, and spending cuts on May 8, 2013.
Richard N. Haass discusses his new book, Foreign Policy Begins at Home, in which he puts forward a new foreign policy doctrine of Restoration, where the United States limits its engagement in wars of choice and humanitarian interventions abroad, and focuses on restoring the foundations of its power at home.
Richard N. Haass discusses his new book, Foreign Policy Begins at Home, in which he puts forward a new foreign policy doctrine of Restoration, where the United States limits its engagement in wars of choice and humanitarian interventions abroad, and focuses on restoring the foundations of its power at home.
The results of Europe's experiment with austerity are in and they're clear: it doesn't work. Here's how such a flawed idea became the West's default response to financial crises.
After more than a decade of war and several years of a deep financial crisis, many Americans are asking whether the country should focus more of its attention—and more of its resources—at home. That said, the impulse to lead is still strong in both political parties and most polls show that Americans still feel both a moral and strategic imperative to remain fully engaged in the world.
American policymakers have long been concerned about the eroding U.S. advantage in educating science, technology, engineering, and math (STEM) students. With much of the assembly work for lucrative high-technology products having moved to Asia, future U.S. prosperity depends increasingly on innovating new products and techniques—innovation that requires training (or importing) a new generation of scientists and engineers.
Peter Orszag argues that switching to the chained consumer price index for calculating Social Security cost-of-living adjustments will not make as much of a difference as many seem to think.
Peter Orszag writes that, although health care costs have been rising more slowly, recent data suggest Medicare spending growth may have sped up slightly in the past few months.
Senator Patty Murray, Senate Budget Committee Chairman, presented this document, "Foundation for Growth: Restoring the Promise of American Opportunity," at the mark-up of the concurrent resolution on the budget for FY 2014, on March 13, 2013. See also the House Budget Committee budget for FY 2014, presented by Congressman Ryan.
Congressman Paul Ryan, Chairman of the House Budget Committee, presented this document, "Path to Prosperity: A Responsible, Balanced Budget," on behalf of the House Budget Committee on March 12, 2013. See also the Senate Budget Committee's proposal, presented by Senator Patty Murray.
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.
Special operations play a critical role in how the United States confronts irregular threats, but to have long-term strategic impact, the author argues, numerous shortfalls must be addressed.
The author analyzes the potentially serious consequences, both at home and abroad, of a lightly overseen drone program and makes recommendations for improving its governance.
An authoritative and accessible look at what countries must do to build durable and prosperous democracies—and what the United States and others can do to help. More
Through an in-depth analysis of modern Mexico, Shannon O'Neil provides a roadmap for the United States' greatest overlooked foreign policy challenge of our time—relations with its southern neighbor. More