This report suggests that the control of capital in the developed world continues to shift away from private and state-owned institutions and toward public markets. Thereore, small and medium-sized firms with the best prospects for innovation and income/wealth generation need to be liberated from their dependence upon bank-based financial systems. They must also have the ability to turn to market-based systems with access to institutional capital providers at home and abroad.
Join Joyce Chang, Richard Clarida, and Peter Henry for a discussion of how emerging markets have responded to the global recession of 2008-2009 and potential lessons for developed countries.
Inaugurated in 2002 in memory of Council member John B. Hurford, this annual lecture features individuals who represent critical new thinking in foreign policy and international affairs.
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Please join Representative Paul Ryan to discuss the future of trade agreements with the Middle East and how greater economic engagement can lead to strategic, political, and security benefits.
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.
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.
China’s economic boom has dazzled investors and captivated the world. But beyond the new high-rises and churning factories lie rampant corruption, vast waste, and an elite with little interest in making things better. Forget political reform. China’s future will be decay, not democracy.
The C. Peter McColough Roundtable Series on International Economics is presented by the Corporate Program and the Maurice R. Greenberg Center for Geoeconomic Studies.
Reason's Tim Harford uses the example of a school library in Cameroon to explain why institutions are so vital to explaining variations in economic growth and development.
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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.
In The Hacked World Order, CFR Senior Fellow Adam Segal shows how governments use the web to wage war and spy on, coerce, and damage each other. More
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
Through insightful analysis and engaging graphics, How America Stacks Up explores how the United States can keep pace with global economic competition. 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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