Op-Eds

Published opinions and arguments by CFR fellows and experts.

Why Putin May Stand Down

Author: Fred Kaplan
Slate

Contrary to appearances, the crisis in Ukraine might be on the verge of resolution. The potentially crucial move came today when interim President Oleksandr Turchynov said that he would be open to changing the country's political system from a republic, with power centered in the capital Kiev, to a federation with considerable autonomy for the regional districts.

See more in Russian Federation; Conflict Assessment

In Afghanistan, Path to Lasting Success Will Also Be the Hardest

Authors: Janine Davidson and Emerson Brooking
Council on Foreign Relations

Janine Davidson and Emerson Brooking assess potential glideslopes for U.S. withdrawal from Afghanistan in wake of the April 5 presidential elections. The most effective plan for U.S. withdrawal from Afghanistan will be phased and gradual—but this will likely be incompatible with American public opinion.

See more in Afghanistan; Elections; Development

China Runs Into Natural-Resources Pushback

Authors: Elizabeth C. Economy and Michael A. Levi
Wall Street Journal

Though strategists have long feared that China's quest for natural resources would lead to ever-higher prices, a breakdown in trade, and perhaps even wars, Elizabeth Economy and Michael Levi write that a stunning WTO rebuke of Chinese exports restrictions shows that the global system is far more resilient than the worriers have claimed.

See more in China; Energy and Environment

How to Reform Ukraine's Economy

Authors: Heidi Crebo-Rediker and Douglas A. Rediker
Fortune.com

Heidi Crebo-Rediker and Douglas A. Rediker examine the role of the European Bank for Reconstruction and Development (EBRD) in Ukraine, arguing that the EBRD should shift its resources away from Russia and, in accordance with its mandate, support Ukraine's transition toward democracy and market-oriented economics.

See more in Ukraine; Economics

What Europe Can Learn From the U.S. Bank Crisis

Authors: Benn Steil and Dinah Walker
Wall Street Journal

Benn Steil's latest op-ed in the Wall Street Journal, co-authored with Dinah Walker, explains why the ECB's anticipated foray into more aggressive monetary stimulus next week won't have any significant effect on the availability and cost of private-sector credit. The ECB believes that its ongoing bank stress tests will help revive the eurozone's moribund banking industry, but they argue that the tests are counterproductive without a mechanism in place to assure sufficient recapitalization of banks that fall short—as there was in the United States in 2009.

See more in Europe; Banks and Banking

Sisi 2014!

Author: Steven A. Cook
ForeignPolicy.com

With Egyptian Field Marshal Abdel Fattah al-Sisi's recent entry into the country's presidential race, many consider his victory a foregone conclusion. A Sisi presidency, however, will be fraught with numerous challenges, writes Steven A. Cook, coming from the Muslim Brotherhood, a crippled economy, Mubarak-era business tycoons, and Egypt's fractious security establishment.

See more in Egypt; Elections