The U.S. government shutdown raises troubling questions about American predictability and feeds doubts about the ability of Congress to be a partner with the White House on foreign policy, says Richard N. Haass, CFR President and author of Foreign Policy Begins at Home.
The European sovereign debt crisis is compounded by a faltering U.S. economy, making the implementation of an EU-wide federal budget and coordination of nation-state budgets necessary to preserve the single currency, says economist Jacques Attali.
The U.S. debt ceiling and deficit debate has led to challenges on foreign aid spending, but while aid could be leaner and more effective, CFR's Stewart Patrick argues Congress should look to consolidate programs rather than simply cut them.
Cutting the federal deficit is seen as essential for reviving the country's economic standing. CFR's Peter Orszag looks at some of the pros and cons of recommendations by a presidential commission's co-chairs to cut more than $3.8 trillion from national deficits.
Some of Obama's budget proposals are sound policy, but congressional gridlock and faster economic reforms in China and Europe could jeopardize U.S. competitiveness, says Economist.com editor Ryan Avent.
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."
Authors: Peter Wallsten, Lori Montgomery, and Scott Wilson
President Obama used an economic "grand bargain" to wash his hands of Washington's dysfunction, presenting himself as a well-intentioned man unable to secure a fair deal with the Capitol's enduring partisanship--but the reality of the deal was a lot more complicated than press statements from either party reveal, write Peter Wallsten, Lori Montgomery, and Scott Wilson for the Washington Post.
The Economist comments on Obama's recently released federal budget: as a fiscal document, it is optimistic though not unreasonable; as a political move, it is an early campaign promise towards reelection.
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.
Campbell evaluates the implications of the Boko Haram insurgency and recommends that the United States support Nigerian efforts to address the drivers of Boko Haram, such as poverty and corruption, and to foster stronger ties with Nigerian civil society.
Koblentz argues that the United States should work with other nuclear-armed states to manage threats to nuclear stability in the near term and establish processes for multilateral arms control efforts over the longer term.
The authors argue that it is essential to begin working now to expand and establish rules and norms governing armed drones, thereby creating standards of behavior that other countries will be more likely to follow.
Learn more about CFR’s mission and its work over the past year in the 2014 Annual Report. The Annual Report spotlights new initiatives, high-profile events, and authoritative scholarship from CFR experts, and includes a message from CFR President Richard N. Haass. Read and download »