Various reports from CFR, posted at the discretion of CFR's president and director of studies.
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
This study analyzes the current U.S. oil and gas tax preferences to evaluate whether or not they improve energy security, mitigate climate change, and save taxpayer dollars.
See more in United States; Energy Policy; Tax Policy
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
Matthew Page outlines how U.S. policymakers could deter official corruption in Nigerian sectors and institutions in which the United States invests significantly.
See more in Nigeria; Corruption and Bribery; Foreign Aid
Increasing women's access to tech jobs in low- and middle-income countries can help solve labor shortages, empower women, and grow the economy, argue Catherine Powell and Ann Mei Chang.
See more in Africa (sub-Saharan); Asia and Pacific; Technology and Science; Women
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
Delegates from twenty countries discuss how best to address challenges posed by growing geopolitical rivalries, opposition to globalization, dramatic refugee flows, divergent views on global economic governance and international internet regulation, and the absence of a region-wide security architecture in Asia.
See more in Global; Asia and Pacific; Refugees and the Displaced; Global Governance
Experts at a CFR-Lowy Institute workshop discuss Southeast Asian views of U.S.-China competition across a range of issues, including maritime disputes, trade and investment, and transnational security challenges.
See more in Asia and Pacific; United States; Trade; Territorial Disputes
CFR convened a workshop to explore what drives oil price volatility, what effects it has on the economy and geopolitics, and what policy options to reduce price volatility.
See more in Global; United States; Oil; Financial Markets
While globalization has intensified the need for global cooperation, the current global order is fraying. New forms of competition are making international cooperation more difficult and will continue to do so. The sixth Princeton workshop on global governance convened scholars and former policymakers to examine the state of global governance and consider how to correct its shortcomings.
See more in Global Governance; Diplomacy and Statecraft; Global
China’s leadership of the Group of Twenty (G20) in 2016 comes at a moment when the role of the G20 itself is being challenged. CFR's Maurice R. Greenberg Center for Geoeconomic Studies and the Asia Global Institute convened a workshop in Hong Kong to assess the agenda facing the G20, why the group had fallen short of expectations in recent years, and whether China’s leadership in 2016 provides an opportunity for renewal.
See more in China; Economics; International Organizations and Alliances
The flow of data across international borders creates jurisdictional challenges and causes international tensions. Increasingly, countries have responded by imposing new requirements to store data locally, threatening cross-border data flows, which generate approximately $2.8 trillion of global gross domestic product each year. CFR Senior Fellow for Digital Policy Karen Kornbluh argues that the United States should take the lead in addressing these tensions.
See more in Europe; United States; Internet Policy; Privacy
South Asia is in the midst of a geopolitical transformation wrought by several simultaneous developments: China’s rise, India’s rise, and attempts by the United States to recalibrate its own strategy to address new power dynamics across the arc of Asia from the Pacific to the Indian Ocean. CFR's Asia program convened a symposium to discuss the new geopolitics of southern Asia.
See more in Asia and Pacific; Diplomacy and Statecraft; Global Governance
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that the crisis in Venezuela continues to escalate, with no recovery or relief in sight. A messy and chaotic default looms, and the rescue will likely involve a tough adjustment program, large-scale financing from international policymakers, and deep sacrifices from Venezuela’s creditors and, most of all, the Venezuelan people. China’s role, as Venezuela’s largest creditor, will be critical and precedential for other emerging market commodity exporters with too much debt.
See more in Americas; Economics
What are the ways in which the Transatlantic Trade Investment Partnership (TTIP) could advance the noneconomic foreign policy interests of the United States, the European Union (EU), and EU member states? The Council on Foreign Relations gathered experts—including current and former policymakers, economists, political scientists, investors, and business representatives—to explore whether and how the still-evolving TTIP could be designed to meet foreign policy objectives.
See more in Europe; Trade; Treaties and Agreements
The global humanitarian regime is not equipped to handle an era of chronic emergencies, accelerating climate change, and revolutions in transportation and information technologies. The International Institutions and Global Governance program held a workshop to assess the shortcomings of humanitarian infrastructure and evaluate prospects for reform.
See more in Global; Humanitarian Intervention
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that the case for strong and effective Group of Twenty (G20) leadership is as compelling as ever. But if the G20 is to be as effective in noncrisis times as it was in 2008–2009, it needs stronger Chinese leadership, working informally yet closely with the United States—a Group of Two (G2) within the G20. Debt policy is one area where China and the United States should cooperate this year.
See more in Global; Economics
Volatile food prices have become a frequent feature of the global economy. The Maurice R. Greenberg Center for Geoeconomic Studies and the International Institutions and Global Governance program at the Council on Foreign Relations convened a score of experts to examine the consequences of past, and future, spikes in global food prices.
See more in Global; Food Security
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that the International Monetary Fund (IMF) deserves credit for effectively responding to the global and European financial crises. However, the institution will face different and potentially more difficult challenges in the next five years as it struggles to come to terms with a changing international power order and lending rules that are not well suited to address future crises.
See more in Global; Economics
What will China’s economic slowdown mean for the globe? The Maurice R. Greenberg Center for Geoeconomic Studies and the Asia Studies program at the Council on Foreign Relations convened a group of experts in economics, finance, government, political science, and military affairs to find out.
See more in China; Economics