Why U.S. Trade Deals Haven't Exported U.S. Drug Prices
Why U.S. Trade Deals Haven't Exported U.S. Drug Prices
In the next five years, the International Monetary Fund (IMF) will face new challenges as it struggles to come to terms with a rapidly changing global marketplace and with lending rules poorly suited for the crises the institution will likely face. These challenges will force the IMF to scrutinize and adjust its lending rules. A broader issue is also at play: financial markets are becoming bigger more quickly than the institution’s resources are, and IMF rescue alone may be insufficient in the future . How the financing burden is shared with other official creditors will help determine whether the fund is an effective leader of the global effort to prevent and resolve economic crises in the coming decades.
For decades, the partnership between Egypt and the United States was a linchpin of the American role in the Middle East.
Justice Stephen Breyer of the U.S. Supreme Court has long been known as the most cosmopolitan justice—the justice most familiar with the laws of other nations and most concerned with how U.S. courts can cope with those laws when they impinge on American national interests or are invoked in U.S. courts.
On its seventieth anniversary, the United Nations faces a crisis of identity, relevance, authority, and performance, writes Stewart Patrick.
Critics of U.S. President Barack Obama’s Middle East strategy often complain that Obama lacks a strategic vision. This is almost exactly wrong. Obama came to office with a conviction that reducing the United States’ massive military and political investment in the Middle East was a vital national security interest in its own right.
China’s rise poses two broad challenges for U.S. foreign policy: how to deter the People’s Republic from destabilizing East Asia and how to encourage it to contribute to multilateral global governance. Although China is not yet a military peer competitor of the United States, it has become powerful enough to challenge U.S. friends and allies in East Asia and to pose serious problems for U.S. forces operating there.
Even now, gazing back through the jaundiced lens of subsequent experience, Barack Obama’s 2008 campaign speech in Berlin still seems an extraordinary occasion. Tens of thousands of mostly young Germans gathered in the center of the city to listen to the American presidential candidate, in an atmosphere The Guardian described as “a pop festival, a summer gathering of peace, love—and loathing of George Bush.”
In April 2009, just three months after he took office, U.S. President Barack Obama traveled to Trinidad and Tobago for the Summit of the Americas. There, he told Latin America’s leaders that he wanted to begin “a new chapter of engagement” and an “equal partnership . . . based on mutual respect and common interests and shared values.”
When Barack Obama was elected U.S. president in 2008, the news was greeted with enormous hope in sub-Saharan Africa, as well as among the small coterie of Americans who follow the region closely. This son of a Kenyan father would not only understand the continent better than his predecessors in the White House, the thinking went, but he would also treat it as a strategic priority and direct more resources its way.
In response to Foreign Affairs’s survey, Elliott Abrams offers a brief explanation of why congress should not approve the JCPOA.
The OECD’s approach to bringing in emerging powers as “key partners” is a smart way to remain relevant in a quickly shifting global landscape, argue Stewart Patrick and Naomi Egel. Other multilateral organizations should pay attention.
In 1982, The Economist marked the 25th anniversary of the European Economic Community, the precursor to the European Union, by featuring a tombstone dedicated to the organization on its cover.
Conceived at the 1944 Bretton Woods conference to help rebuild postwar Europe, the World Bank has expanded over the ensuing 70 years into a global organization dedicated to promoting economic growth and reducing poverty -- goals it aims to meet by giving the billions of dollars in gets in contributions from developed countries to developing ones in the form of loans and grants.
According to the prevailing wisdom in the West, the Ukraine crisis can be blamed almost entirely on Russian aggression. Russian President Vladimir Putin, the argument goes, annexed Crimea out of a long-standing desire to resuscitate the Soviet empire, and he may eventually go after the rest of Ukraine, as well as other countries in eastern Europe.
Twenty-five years ago this November, an East German Politburo member bungled the announcement of what were meant to be limited changes to travel regulations, thereby inspiring crowds to storm the border dividing East and West Berlin.
While campaigning for president in 2008, Barack Obama pledged to renovate the dilapidated multilateral edifice the United States had erected after World War II.
"Global cooperation is increasingly occurring outside formal institutions, as frustrated actors turn to more ad hoc venues," writes Stewart Patrick.
In "The War of Law" (July/August 2013), Jon Kyl, Douglas Feith, and John Fonte purport to explain the state of international law and how it "undermines democratic sovereignty."
Many fear that in the not-too-distant future, the world will be torn apart as the gulf that separates China and the United States grows ever wider.
The interactive Global Governance Monitor tracks, maps, and evaluates multilateral efforts to address today's global challenges.
To ensure the success of Myanmar's historic democratic transition, the United States should revise its outdated and counterproductive sanctions policy.
Blackwill and Campbell analyze the rise of Chinese President Xi Jinping and call for a new American grand strategy for Asia.
Williams argues that greater U.S. involvement is necessary to enhance the quality and success of peacekeeping missions.
Kurlantzick offers the sharpest analysis yet of what state capitalism’s emergence means for democratic politics around the world. More
In a cogent analysis of why the United States is losing ground as a world power, Blackwill and Harris explore the statecraft of geoeconomics. More
Takeyh and Simon reframe the legacy of U.S. involvement in the Arab world from 1945 to 1991 and shed new light on the makings of the contemporary Middle East. 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.
Read and download »