All CFR Reports

Getting Serious About the Twin Deficits

Getting Serious About the Twin Deficits

Author: Menzie D. Chinn

Twenty years ago, the United States was the world’s largest creditor nation, unsurpassed in its ownership of assets outside of its borders, even after deducting what foreigners owned inside its borders. Yet over the past two decades, America has been transformed into the world’s largest debtor nation.

See more in United States; Budget, Debt, and Deficits

Forgotten Intervention?

Forgotten Intervention?

Authors: Major General William L. Nash and Amelia Branczik

This report identifies the principal steps that the United States can take to secure the investment it has made in the western Balkans and facilitate the region's progress toward its rightful destiny within the EU. In doing so, Forgotten Intervention? lays out a straightforward and doable strategy for the United States that will pay dividends.

See more in Conflict Prevention; Kosovo

A New Beginning

A New Beginning

Authors: Craig Charney and Nicole Yakatan

The United States can improve its image in the Muslim world. Focus group research in three key Islamic countries--Egypt, Morocco, and Indonesia--shows that the widely held view that nothing can be done about the spread of negative attitudes toward the United States among Muslims in the Middle East and Asia is incorrect. The key to a new dialogue with the Muslim world is a humbler American perspective, based on respectful partnership and agreeing to disagree when necessary.

See more in Middle East and North Africa; United States; Diplomacy and Statecraft; Polls and Opinion Analysis

Power-Sharing in Iraq

Power-Sharing in Iraq

Author: David L. Phillips

This report identifies the principle issues to be addressed in Iraq's constitution. It recommends power-sharing arrangements between Iraq's national government and federal Iraqi state governments. It proposes a role for the United States and the United Nations to play in this process, and suggests ways the Iraqi government can encourage cooperation with Iraq's neighbors.

See more in Iraq

Giving Meaning to 'Never Again'

Giving Meaning to 'Never Again'

Authors: Princeton N. Lyman and Cheryl O. Igiri

This Council Special Report decries the tragically slow global response to the unrest in Sudan's Darfur region, stating that it shows that the international community still lacks the capacity to deal effectively with humanitarian crises. Looking at Darfur in the context of lessons learned from Rwanda, the report recommends ways to end the Darfur crisis and avoid future ones.

See more in Sudan

Freedom, Prosperity, and Security

Freedom, Prosperity, and Security

Africa, mired in poverty, the HIV/AIDS pandemic, and armed conflict, has rightfully occupied a prominent place in the G8’s agenda over the past several years. This report, written in anticipation of the G8’s June 2004 summit at Sea Island, Georgia, highlights the need for the G8 to maintain a strong partnership with Africa, even as the world’s attention turns increasingly to the Middle East.

See more in Africa (sub-Saharan); Politics and Strategy

Addressing the HIV/AIDS Pandemic

Addressing the HIV/AIDS Pandemic

Author: Princeton N. Lyman

The Bush administration’s $15 billion AIDS initiative has received much attention for its boldness and size. But, according to this indispensable Council Special Report, it will not succeed unless it is folded into a broader and longer-term commitment to developing basic health systems in affected countries. To successfully battle AIDS--one of the most pressing threats known to mankind--the effort must also go beyond health to address social and economic factors that drive the spread of the disease.

See more in United States; Diseases, Infectious; Health Policy and Initiatives

Challenges for a Post-Election Philippines

Challenges for a Post-Election Philippines

Author: Catherine E. Dalpino

As a victim of terrorism and the strongest supporter of U.S. counterterrorism policy among the members of the Association of Southeast Asian Nations, the Philippines already plays a vital role in preserving American security. With anti-Americanism on the rise in South Korea and Japan, the United States may need to depend more on the Philippines to fulfill its objectives in Asia. This report assesses the political, economic, and strategic situation in the Philippines following the 2004 elections and recommends steps that the United States and the Philippines should take to strengthen their economic and military ties.

See more in Philippines; Defense and Security; Elections

Stability, Security and Sovereignty in the Republic of Georgia

Stability, Security and Sovereignty in the Republic of Georgia

Author: David L. Phillips

Georgia is strategically important to the United States in the war on terror and an indispensable transit point for energy supplies between Asia and Europe. Though the country’s November 2003 “revolution of roses” is the most positive event to have occurred in the countries of the former Soviet Union in more than a decade, Georgia is entering an unstable period of transition as its new government tries to promote national coherence among the country’s ethnic groups and takes steps to dismantle the corrupt power structure that thrived under former president Eduard Shevardnadze. This timely report, written by an expert on conflict prevention in the Caucasus, recommends steps the United States and the international community can to take to bolster President Mikhail Saakashvili as well as moves his government should make in the short and long term.

See more in Georgia; Sovereignty

Venture Capital and Cleantech: The Wrong Model for Clean Energy Innovation

Author: Varun Sivaram

Venture capital (VC) firms spent over $25 billion funding clean energy technology (cleantech) start-ups from 2006 to 2011 and lost over half their money; as a result, funding has dried up in the cleantech sector. In this report, we present the most comprehensive account to date of the cleantech VC boom and bust, aggregating hundreds of investments to calculate the risk/return profile of cleantech, compared with those of medical and software technology investments. The results are stark—cleantech offered VCs a dismal risk/return profile, dragged down by companies developing new materials, chemistries, or processes that never achieved manufacturing scale. We conclude that the VC model is broken for the cleantech sector, which suffers especially from a dearth of large corporations willing to invest in innovation. Fortunately, new public and private capital may be on the way after announcements made at the 2015 Paris Climate Change Summit. If a new and more diverse set of actors avoids the mistakes of the cleantech VC boom and bust, then they may be able to support a new generation of cleantech companies."

The publisher of the third featured publication should be "Stanford University Steyer-Taylor Center for Energy Policy and Finance

See more in Global; Energy and Environment

Global Economics Monthly August 2016

Author: Robert Kahn

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that markets have absorbed the initial economic shock from Brexit, but navigating the new landscape will remain a challenge. Two months after the vote, the politics of Brexit is producing a lengthy and uncertain renegotiation of Britain’s place in Europe and the world. Such extended uncertainty is likely to produce a long-lasting drag on both UK and European economies, which could ultimately threaten the viability of the European Union (EU).

See more in Europe; Economics

Global Economics Monthly July 2016

Author: Robert Kahn

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that summer has seemingly brought a new optimism about the Russian economy. Russia’s economic downturn is coming to an end, and markets have outperformed amidst global turbulence.  But the coming recovery is likely to be tepid, constrained by deficits and poor structural policies, and sanctions will continue to bite. Brexit-related concerns are also likely to weigh on oil prices and demand. All this suggests that Russia’s economy will have a limited capacity to respond to future shocks.

See more in Russia and Central Asia; Economics

The Future of Global Supply Chains

The Future of Global Supply Chains

CFR hosted a workshop to explore how globalized production patterns are evolving, the risks they face, and how companies and countries can improve compliance and resilience across supply chains through new trade standards, legal regimes, and policies. 

See more in Global; China; Trade; Global Future Trends