Economics

News Release

Outdated U.S. Regulatory System Needs Overhaul, According to New CFR Report

The number of U.S. regulations—which affect nearly every aspect of Americans’ lives, from the food and medicine they consume to the quality of the air they breathe and how they save for retirement—has consistently been on the rise. As a result, U.S. businesses are increasingly burdened, but not competitively disadvantaged, because their peers in other advanced countries tend to face even more regulations, according to a new progress report and scorecard from the Council on Foreign Relations’ Renewing America initiative.

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Other Report

The United States used to be the trailblazer in regulatory reform. But the rest of the rich world has caught up. This Progress Report and Scorecard from the Renewing America initiative outlines the current state of federal regulation in the United States and charts ways the U.S. regulatory management system could be improved.

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Research Links

Infrastructure

Infrastructure spending was among the biggest components of Obama's 2009 stimulus package, but since then sucess has been limited. Obama’s signature high-speed rail project has not been implemented and Congress has blocked most of his other big ideas. Due to the current federal paralysis, at least thirty states have launched serious initiatives to increase transportation-dedicated funding since 2013. CFR's Renewing America infrastructure score card provides more information on the infrastructure and transportation challenges facing the United States. 

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Foreign Affairs Article

Germany's Real Role in the Ukraine Crisis

Authors: Elizabeth Pond and Hans Kundnani

In his discussion of German foreign policy’s supposed drift eastward, Hans Kundnani (“Leaving the West Behind,” January/February 2015) suggests that Germany has resisted imposing sanctions on Russia over its undeclared war with Ukraine—a sign, in his view, that Germany might once again desert the West in a flirtation with Russia.

See more in Germany; Ukraine; Sanctions