Emerging economies taking advantage of mineral and petroleum wealth often face corruption and conflict rather than benefit from sustainable development. This resource curse can be obviated, CFR Fellow Terra Lawson-Remer argues, if capital-exporting countries, banks, and corporations insist on transparency.
CFR Senior Fellow Sheila A. Smith argues that the time has come for Japan and the United States to set priorities for military missions, formalize mechanisms for crisis management coordination, and work toward a long-term basing strategy that consolidates U.S. and Japanese facilities.
Bonnie Glaser of the Center for Strategic and International Studies discusses the significant risk of conflict in the South China Sea and how the United States can prevent becoming involved in an armed clash.
CFR Director of International Economics Benn Steil argues that the "Volcker rule" ban on bank proprietary trading won't prevent financial crises, and that the troubled effort to implement it should be abandoned in favor of controls on bank leverage.
At a time when the country's infrastructure needs are more pressing than ever, Scott Thomasson offers pragmatic solutions for working around current congressional gridlock and unlocking modest yet critical infrastructure investment.
Ma Sang-yoon of the Catholic University of Korea discusses the April 11 Republic of Korea national assembly elections, explains their relationship to the December South Korean presidential elections, and highlights issues relevant to the future of U.S.-ROK relations.
The author assesses the causes and consequences of the violence faced by several Central American countries and examines the national, regional, and international efforts intended to curb its worst effects.
The Summit Against Violent Extremism found that the reasons individuals have for joining and leaving violent groups cut across geographies and ideologies. A community of "formers" can ease the transition into normal society.
North Carolina, which was struck harder by the loss of manufacturing than any other state, offers a realistic guide for communities across the United States with how best to adapt to this new era of growing international competition.
This Independent Task Force report asserts that fixing the nation's underperforming K-12 public schools is critical for strengthening the country's security and increasing its economic competitiveness.
As Cuba drills its first offshore oil well, the United States should anticipate the possibility of an oil spill, implementing policies that would help both countries stem and clean up a spill in a way that is minimally disruptive to the United States' Cuba strategy.
Unlike its Arctic neighbors, the United States is failing to take full advantage of the tremendous economic potential of the Arctic region. Captain Melissa Bert argues for U.S. ratification of the Law of the Sea Convention; international polar shipping standards; and an aircraft, icebreaker, and shore-based infrastructure acquisition program funded by Arctic oil and gas lease proceeds.
David Marchick calls for new U.S. government efforts to increase the small share of Chinese direct investment in the United States, including combating perceived prejudices, removing policy impediments, and encouraging U.S. businesses to partner with their Chinese counterparts.
Efforts by the United States and EU to sanction Iran's oil exports have prompted worries about a disruption of global oil markets. Robert McNally outlines scenarios in which rising tensions could affect the price of oil and potential policy responses.