U.S. policymakers who worry about the impact of energy developments on geopolitics typically think of high oil prices as bad news and low prices as an unalloyed good. But a sustained drop in oil prices can be dangerous as well. This paper investigates Mexican vulnerability to falling oil prices—and spillovers to the United States—to show how troublesome such a development might be.
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that unless Japan begins to undertake structural economic reforms, its growth will be almost entirely dependent on easy money, increasing global economic tensions in 2015.
This CFR-sponsored Independent Task Force report, The Emerging Global Health Crisis: Noncommunicable Diseases in Low- and Middle-Income Countries, outlines a plan for collective action on the global health crisis of noncommunicable diseases.
John Campbell, Ralph Bunche senior fellow for Africa policy studies, 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.
The world has entered a second nuclear age shaped by rising nuclear states and military technologies. Gregory Koblentz argues that the United States should work with the other nuclear-armed states to manage threats to nuclear stability in the near term and establish processes for multilateral arms control efforts over the longer term.
Max Boot details a comprehensive strategy to defeat ISIS by committing to the fight on multiple fronts: intensify air strikes, utilize U.S. personnel and capabilities, encourage local and regional partners, and prepare for nation-building.
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that with the European Central Bank's stress test completed, now is the time for Europe to get back on the path to growth by tackling its debt problem.
Europe can no longer afford to put off its debt problem. Robert Kahn recommends that policymakers draw lessons from the Paris Club to provide a rules-based approach to debt relief that can get Europe back on the path to growth.
Samir Saran explains India's position in advance of the 2014 ITU conference, arguing that India believes that the ITU has a role to play in Internet governance, although Delhi does not oppose a multistakeholder approach.
Christian Schaller and Johannes Thimm analyze Germany's policy priorities at the ITU conference in Busan, South Korea, arguing that Germany will go to Busan opposed to the expansion of the ITU mandate, but in search of ways to increase the ITU's technical capabilities to broaden access.
Adam Segal explains the U.S. approach at the ITU Plenipotentiary Conference in Busan, South Korea, where the United States is looking to defend its approach to Internet governance. Washington and its allies favor the "multistakeholder" model: a bottom-up policy process that includes organizations representing technical experts, governments, businesses, civil society, and individual users.
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that standards may be needed to govern the use of financial sanctions so that they do not undo the benefits of globalized financial markets.
This CFR-sponsored Independent Task Force report, North America: Time for a New Focus, asserts that elevating and prioritizing the U.S.-Canada-Mexico relationship offers the best opportunity for strengthening the United States and its place in the world.
South Korea and the United States have reached an impasse in bilateral talks on nuclear cooperation. Senior Fellow Scott Snyder argues that the United States should extend the current agreement and make a follow-on agreement contingent on the results of an ongoing study on feasibility and proliferation risks of South Korea's right to enrich and reprocess U.S.-origin nuclear fuels.
The U.S. government faces an unsustainable long-term debt trajectory. This Progress Report and Scorecard outlines the factors affecting federal debt and suggests options for policymakers to address the impending crisis.
The marketplace for medicines is highly fragmented and globalized, posing acute public health threats. Stewart Patrick and Jeffrey Wright assert that a global coalition of medicines regulators, designed with distinct features in mind, would better ensure the safety and integrity of our medicines.
Each year, governments around the world spend more than half a trillion dollars on fuel subsidies, crowding out productive investment in poverty alleviation and growth. CFR Senior Fellow Isobel Coleman proposes establishing a private-public partnership to help governments build the case for subsidy reform directly with citizens.
One-third of the world's girls are married before the age of eighteen, limiting both their educational and economic potential. Child marriage is damaging to global prosperity and stability, yet despite the urgency of the issue, there remains a significant lack of data on the subject. Senior Fellow Gayle Tzemach Lemmon discusses both the factors that contribute to and strategies that have proved effective against child marriage.
Rates of heart disease, cancer, diabetes, and other noncommunicable diseases (NCDs) in low- and middle-income countries are increasing faster than in wealthier countries. The Independent Task Force outlines a plan for collective action on this growing epidemic.
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.
Koblentz argues that the United States should work with other nuclear-armed states to manage threats to nuclear stability in the near term and establish processes for multilateral arms control efforts over the longer term.
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 »
Now Available: Foreign Policy Begins at Home
The biggest threat to America's security and prosperity comes not from abroad but from within, writes CFR President Richard N. Haass in his provocative new book. More