A thought-provoking retrospective that culls the views of economists, international financial institutions, Wall Street, organized labor, and various public-interest organizations on how to fortify the U.S. global financial infrastructure. The effort is the culmination of an eighteen-month study that sought to encourage the evolution of middle-class-oriented economic development in emerging-market countries.
Emerging economies have boomed over the past decade, but many have recently seen their currencies come under pressure. With a potential currency crisis looming, CFR's Steven A. Cook, Marcus Noland of the Petersen Institute for International Economics, and Mitchell Orenstein of Northeastern University take an in-depth look at three emerging market success stories in a conversation with Foreign Affairs editor Gideon Rose.
Join Nicky Oppenheimer as he discusses some of the lessons and opportunities for Africa that have arisen from the global economic crisis, including how business contributes to sustainable development, the importance of international trade and flows of real investment in building diversified and sustainable economies, and the importance of effective African participation in international and multilateral institutions.
The global financial crisis has been difficult for the world’s most advanced economies, but its impact on developing nations may prove more severe. Join Nancy Birdsall and Danny Leipziger for a discussion of the political and economic consequences of the crisis on the world’s most vulnerable nations.
On the eve of this year’s U.S.-India Strategic Dialogue, please join Undersecretary Burns to discuss the state of the bilateral relationship and its importance for meeting the global challenges of the twenty-first century.
CFR Senior Fellow Laurie Garrett says the recent Davos economic forum failed to provide any blue print for reconciling the financial crisis and development aid needs. She predicts donor nations will "face tough sells, trying to convince their voters that it is vital to spend money feeding starving masses abroad."
The emerging BRICS economies agree that the West should hold less sway in the global economy. But their leaders, despite regular summits, have failed to articulate a coherent vision because of divergent interests, says journalist Martin Wolf.
Standard Chartered CEO Peter Sands says Western and Asian economies are both at risk of asset bubbles and that higher savings and social safety nets in Asia are not a near-term fix to global financial problems.
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.
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.
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 »