Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that if Greece exits the eurozone, introducing a new currency could occur quickly; getting broader economic policies right is the more difficult challenge facing the country.
For decades, oil prices have influenced the outlook for alternatives to oil and policies that support those alternatives. Expensive oil makes substitutes more appealing; cheap oil makes the economic case for alternatives that much more difficult. High prices in the 1970s kick-started clean energy, including the first modern electric vehicles, while the oil slump beginning in the 1980s pummeled sources like wind and solar power and undermined the push for more fuel-efficient cars.
In recent years, frugal and reverse innovation have gained attention as potential strategies for increasing the quality and accessibility of health care while slowing the growth in its costs. Thomas J. Bollyky argues that the demand for these types of innovation is increasing and outlines three practical questions for policymakers seeking real investments and results.
Authors: Colin I. Bradford, Toby Dalton, Brendan Howe, Jill Kosch O’Donnell, Andrew O’Neil, and Scott A. Snyder
South Korean opinion leaders have increasingly investigated the idea of the ROK as a middle power as a primary framework for evaluating the opportunities and constraints arising from its emerging international role. The essays commissioned in this volume provide an initial evaluation of South Korean efforts to make substantive contributions to the international agenda as a middle power.
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that the United States should empower the International Monetary Fund and Group of Twenty to better address currency manipulation concerns.
The use of social media and other Internet-enabled communications by the self-proclaimed Islamic State is pushing the United States and other democracies to react to the abuse of liberal freedoms by illiberal forces. CFR Visiting Fellow David P. Fidler outlines ways to counter the Islamic State's online onslaught through policies anchored in free speech, transparency, and accountability.
As countries around the world struggle to combat major global challenges from terrorism to climate change, a Council of Councils Report Card on International Cooperation finds that multilateral action on most of the critical transnational threats is sorely lacking.
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that it is time for central banks to debate whether a higher inflation target would improve the operation of monetary policy.
U.S. efforts to promote its preferred norms for cyberspace—Internet openness, security, and free speech—suffered a significant setback in the summer of 2013 with the Snowden disclosures. Henry Farrell identifies three steps the United States can take to reinvigorate its norm-promotion efforts.
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that while new collective action clauses are a step forward in dealing with sovereign debt crises, countries must work to change old debt that lacks the clauses to the new standard as quickly as possible.
Gigi Kwik Gronvall examines the increased use of synthetic biology—a nascent field that engineers biology to improve manufacturing and the development of medicines—in order to highlight the need for oversight and better regulation.
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that with sovereign debt woes in Greece and Ukraine testing markets and governments, now might be the time for policymakers to rethink the architecture for resolving debt crises.
Scott Snyder, senior fellow for Korea Studies and director of the Program on U.S.-Korea Policy, and Woo Jung-yeop, research fellow at the Asan Institute for Policy Studies, suggest that Washington should support the Seoul Process under NAPCI and Seoul should support the U.S. rebalance, given the two allies' overlapping goals of promoting cooperation and strengthening respect for international norms in Asia.
Joshua Kurlantzick analyzes the effects of the Obama administration's pivot on Southeast Asia and its relation to the region's democratic regression. Kurlantzick recommends that the United States prioritize the countries of peninsular Southeast Asia and restore the emphasis on democracy and human rights in the region.
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that the Russian economy is not yet facing a full-blown economic and financial crisis. An upturn in inflation and a deeper recession will be the real tests in the coming months.
The Center for Preventive Action's annual Preventive Priorities Survey (PPS) evaluates ongoing and potential conflicts based on their likelihood of occurring in the coming year and their impact on U.S. interests. The PPS aims to help the U.S. policymaking community prioritize competing conflict prevention and mitigation demands.
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.
India now matters to U.S. interests in virtually every dimension. This Independent Task Force report assesses the current situation in India and the U.S.-India relationship, and suggests a new model for partnership with a rising India.
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 report outlines a plan for collective action on this growing epidemic.
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 »
The Summer 2016 issue of CFR's member newsletter, the Chronicle, is a guide to CFR's most important news since July 2016, and includes announcements about new programs, partnerships, fellows, meetings, publications, and members. Read it now.
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