Daniele Nouy discusses European banking supervision.
Daniele Nouy discusses European banking supervision.
Beyond China’s market upheaval is a country struggling with how to relax state control over the economy amid a slowdown that has global implications, writes CFR’s Robert Kahn.
At least since the rise of Marxism in the 19th century, enthusiasm for “managed” economies has been a peculiar enthusiasm of intellectuals worldwide.
President Barack Obama spoke at the African Union headquarters in Addis Ababa on July 28, 2015. He discussed the ten year renewal of the African Growth and Opportunity Act and additional reforms and other assistance the United States and African leaders work on to increase trade, investment, and growth on the continent. He also addressed the need for presidents to respect term limits and transfer power peacefully and for nations to provide equal treatment for women and girls.
Leaders from Brazil, Russia, India, China, and South Africa met on July 9, 2015, in Ufa, Russia for the Seventh BRICS Summit, which marked the entry into force of the BRICS's New Development Bank (NDB), which the leaders expect to begin accepting investment requests in the beginning of 2016. The declaration also states the leaders' concerns on international security issues such as corruption, nuclear weapons, instability and conflict, and terrorism, and their commitments to social issues like global health and education.
On January 26, 2015 at the U.S.-India Business Council Summit, President Obama lays out new U.S. initiatives to increase investment and trade in India, related to removing barriers to investment, technology transfer, and inclusive growth.
U.S. President Barack Obama and Indian President Narendra Modi made this joint statement on January 26, 2015. They discussed clean energy and climate change, civil nuclear cooperation, and defense and economic cooperation. Both administrations also discussed their visions to strengthen ties in the Asia-Pacific region. Defense secretaries from both countires met in June 2015 and released the U.S.-India Defense Framework.
With the launch of the New Development Bank at the BRICS Summit yesterday in Fortaleza, Brazil, Julia Sweig highlights the potential impact of the new bank and why the United States should pay attention.
The sixth summit of the BRICS (Brazil, Russia, India, China, South Africa) countries met in Fortaleza, Brazil, on July 15, 2014. The theme of discussions was "Inclusive Growth: Sustainable Solutions" and the declaration detailed progress in establishing the BRICS's New Development Bank, which was first discussed in the 2013 Durban Joint Statement.
Charles Kupchan explores the normative dimensions of hegemony, examining the geopolitical, socioeconomic, cultural, and commercial logics that inform orders across four great powers: the Ottoman Empire, Imperial China, Great Britain, and the United States.
"The reopening of the markets to Greece also means it probably no longer faces a funding gap, which the last official projections by its creditors put at 15 billion euros over the next two years."
The IMF launched this report in March 2002, in order "to provide a regular assessment of global financial markets and to identify potential systemic weaknesses that could lead to crises."
The idea that we live in an increasingly interconnected and turbulent world is something of a cliché -- yet true and important nevertheless.
Just over a year ago, as President Enrique Peña Nieto started his administration, the domestic and international press were touting "Mexico's moment" and the rise of "the Aztec tiger."
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.
Anyone who knows Polish history cannot help but marvel at the country's emergence from the ashes of its traumatic past.
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.
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).
Mainland Southeast Asia -- long fought over and controlled by outside powers, from the colonial era through the Cold War -- is finally fending for itself, and then some.
In the middle of the last decade, the average growth rate in emerging markets hit over seven percent a year for the first time ever, and forecasters raced to hype the implications.
Williams argues that the status quo for peace operations in untenable and that greater U.S. involvement is necessary to enhance the quality and success of peacekeeping missions.
The authors argue that the United States has responded inadequately to the rise of Chinese power and recommend placing less strategic emphasis on the goal of integrating China into the international system and more on balancing China's rise.
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.
Red Team provides an in-depth investigation into the work of red teams, revealing the best practices, most common pitfalls, and most effective applications of these modern-day devil's advocates. More
Ashley's War tells the poignant and gripping story of a groundbreaking team of female American warriors who served alongside Special Operations soldiers in Afghanistan. More
Smith's insightful book explores the policy issues testing the Japanese government as it tries to navigate its relationship with an advancing China. More
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.
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