Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that the concerns driven by China's economic problems are modest compared to the 1997 Asian financial crisis or the Great Recession. However, there are reasons for concern: large financial imbalances, weak global growth, inadequate official resources, and political pressures. While a severe global financial crisis remains a tail risk, policymakers need to be prepared to respond.
Although the United States leads the world in technology innovation, it may fall behind if the government does not address emerging gaps in innovation policy and invest more in scientific research, argues a new progress report and scorecard from the Council on Foreign Relations’ (CFR) Renewing America initiative. The report is authored by Renewing America Associate Director Rebecca Strauss and CFR Bernard L. Schwartz Senior Fellow and Renewing America Director Edward Alden.
Management theorist Peter Drucker famously declared that companies must “innovate or die.” Washington today is full of similar warnings, based on the premise that the US is losing its innovation edge. The fear is that industrial and technological advancements in other countries—and in China in particular—threaten to leave us behind.
U.S. Chief Negotiator Dan Mullaney and EU Chief Negotiator Ignacio Garcia Bercero held a conference call to report on their discussions at the Miami Round of the Transatlantic Trade and Investment Partnership (T-TIP) Negotiations.
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that China's growth prospect lies somewhere between hard-landing and muddle-through scenarios. However, uncertainty remains and is already being felt strongly and likely to put increasing pressure on emerging markets through trade contraction and financial contagion. For the United States, fragility in emerging markets is the critical risk and will dominate economic decision-making for months if not years to come.
One of the most contentious issues in the Trans-Pacific Partnership negotiations is related to intellectual property and medicines. CFR’s Laurie Garrett reviews the intensifying debate among industry and global health advocates.
The Trans-Pacific Partnership trade deal concluded on Monday puts the US in a place it has not been in more than two decades — out in front in the competition to write the rules for the next generation of global trade.
Following the agreement reached on the Trans-Pacific Partnership by the United States and eleven other countries, Council on Foreign Relations experts assessed the trade deal’s consequences for the global trade regime, geopolitics, and the international economy.
Edward Alden, CFR’s Bernard L. Schwartz senior fellow and director of the CFR Renewing America publication series, discusses international trade policy and American competitiveness, as part of CFR's Academic Conference Call series.
U.S. officials will have to consider the consequences of new sanctions as they weigh how to address Iran's regional policies without derailing implementation of the nuclear accord, says expert Richard Nephew.
Learn more about CFR’s mission and its work over the past year in the 2015 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 »