Various reports from CFR, posted at the discretion of CFR's president and director of studies.
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
Protecting the privacy of user data from unauthorized access is essential for business executives, policymakers, and users themselves. But strong privacy protection software is often difficult for nonexperts to use. In this Cyber Brief, Sara "Scout" Sinclair Brody explains how promoting and improving open-source software can go a long way toward strengthening privacy online.
See more in Global; Cybersecurity; Privacy
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that the idea of capital control is less radical than it seems; although comprehensive liberalization is theoretically the ideal option, capital controls may be China’s best chance to end the panic roiling global markets.
See more in Asia and Pacific; Economics
The United States leads the world in combining innovation quality and quantity, but the challenges are growing, particularly when it comes to scientific research. Addressing gaps in U.S. innovation policy could help ensure that the United States remains the leading innovation center for decades to come.
See more in United States; Innovation; Competitiveness
The scorecard infographic and accompanying progress report, "Trading Up: U.S. Trade and Investment Policy," analyzes the overall health of the U.S. economy by focusing on shifts in global trade and foreign direct investment in the United States.
See more in United States; Trade; Competitiveness
A decade ago the United States had the lowest share of long-term unemployed workers among developed nations. But today U.S. long-term unemployment levels are nearly as high as those in Europe, despite stronger overall U.S. economic performance. This Progress Report and Scorecard demonstrates that U.S. federal employment and training programs that assist job seekers do little to help the long-term unemployed prepare for different careers.
See more in United States; Labor; Education
The U.S. government faces an unsustainable long-term debt trajectory. This Progress Report and Scorecard outlines the factors affecting federal debt and suggests options for policymakers to address the impending crisis.
See more in United States; Budget, Debt, and Deficits
In the first installment of the Renewing America Progress Report and Scorecards, "Road to Nowhere: Federal Transportation Infrastructure Policy" provides a critical assessment of federal transportation policy, including background on major policy initiatives and analysis of what's needed to start moving forward.
See more in United States; Infrastructure
The U.S. system for taxing corporate profits is outdated, ineffective at raising revenue, and creates perverse incentives for companies to shelter profits overseas. It is also, for most U.S. companies most of the time, a pretty good deal, which is one of the big reasons why any serious overhaul will be so difficult to achieve.
See more in United States; Tax Policy
The United States used to be the trailblazer in regulatory reform. But the rest of the rich world has caught up. This Progress Report and Scorecard from the Renewing America initiative outlines the current state of federal regulation in the United States and charts ways the U.S. regulatory management system could be improved.
See more in United States; Corporate Regulation
The scorecard infographic and accompanying progress report, "Remedial Education: Federal Education Policy," highlights the main challenges facing the U.S. education system and assesses whether federal education policy is effectively addressing them.
See more in United States; Education; Learning Technologies
In this report, Varun Sivaram and co-authors argue that three very different segments of the Indian solar industry—utility-scale, distributed, and off-grid solar—will be required to deliver both climate results and domestic co-benefits to India. In addition, the Indian national and state governments, with the support of countries and institutions around the world, can advance the development of three diverse segments of the solar industry—utility-scale, distributed, and off-grid solar— by pursuing four building blocks of a successful solar strategy: (1) Reform the utility sector; (2) Harmonize federal and state policies; (3) Secure substantial and cost-effective financing; and (4) Foster the diffusion of technology and standards from abroad.
See more in India; Energy and Environment
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that 2016 looks set to be a volatile year in which geopolitics and hard-to-quantify policy dilemmas create significant uncertainty in markets. Policymakers will be asked to make tough decisions about where and when to intervene in markets at a time when their capacity to deal with crisis is increasing challenged, suggesting the road ahead could continue to be bumpy.
See more in Global; Economics
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.
View the accompanying online interactive: CPA's Global Conflict Tracker
See more in Global; Conflict Assessment; Conflict Prevention
Unification would constitute one of the most decisive changes in the history of Northeast Asia since the outbreak of the Korean War in 1950, with far-reaching implications for the United States and the balance of power in the region. Sue Mi Terry outlines steps that the United States should take to increase the likelihood that the U.S.-South Korea alliance would survive the disappearance of North Korea.
See more in South Korea; United States; Diplomacy and Statecraft; Regime Changes
Fifty years after the establishment of official diplomatic relations between Japan and South Korea, continued animosity between the United States’ two Northeast Asian allies remains a problem for Washington, hampering its ability to deal with the challenges posed by North Korea, China, and a host of nontraditional security threats. Mark E. Manyin argues that, for the United States, the costs of nonintervention are rising.
See more in South Korea; Japan; Diplomacy and Statecraft
Over the past half century, South Korea and Japan have established themselves as firm and reliable allies of the United States, contributing to peace and stability in the Asia-Pacific region. But despite increasing cultural exchange and deepening economic ties between the two countries, Korea-Japan relations have shown deteriorated. Cheol Hee Park explains that, given the deteriorating security situation in East Asia and the emergence of an assertive China, the United States has an interest in repairing Korea-Japan relations.
See more in South Korea; Japan; Diplomacy and Statecraft
The U.S. government's effort to persuade other countries to adopt norms of responsibility for cyberspace faces a significant obstacle: computers located in the United States host much of the malicious software used to carry out cyberattacks. Robert K. Knake explains.
See more in United States; Internet Policy; Cybersecurity
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that the European Union (EU) faces rising populist pressure, reflecting long-term challenges to economic policymaking that can only partly be addressed by a cyclical recovery and debt relief. By strengthening the credibility of economic policy and the region’s resilience to shocks, better policy coordination and a faster path to economic union would go far toward securing a better economic future for Europe and addressing some underlying causes of populism.
See more in Europe; Economics
Fiscal "breakeven" oil prices have become popular among analysts and decision-makers as indicators of oil-producing countries' economic and political stability, but there are limits to the insights that breakeven prices provide. Blake Clayton and Michael A. Levi assess the potential value and most important pitfalls involved in using fiscal breakeven oil prices.
See more in Global; Oil; Economics