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 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.
See more in Global; Economics
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.
See more in Global; Health
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.
See more in Greece; Ukraine; Economics
This chart book shows the growth in foreign ownership of U.S. assets over time.
See more in International Finance; United States
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.
See more in Asia and Pacific; Politics and Strategy
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.
See more in Asia and Pacific; Democratization; Diplomacy and Statecraft
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.
See more in Russian Federation; 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; Peace, Conflict, and Human Rights
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.
See more in Mexico; Oil; Budget, Debt, and Deficits
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that unless Japan begins to undertake structural economic reforms, its growth will be almost entirely dependent on easy money, increasing global economic tensions in 2015.
See more in Japan; Economics
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that with the European Central Bank's stress test completed, now is the time for Europe to get back on the path to growth by tackling its debt problem.
See more in Europe; Economics
Samir Saran explains India's position in advance of the 2014 ITU conference, arguing that India believes that the ITU has a role to play in Internet governance, although Delhi does not oppose a multistakeholder approach.
See more in Global; India; Internet Policy; International Organizations and Alliances
Christian Schaller and Johannes Thimm analyze Germany's policy priorities at the ITU conference in Busan, South Korea, arguing that Germany will go to Busan opposed to the expansion of the ITU mandate, but in search of ways to increase the ITU's technical capabilities to broaden access.
See more in Global; Germany; International Organizations and Alliances; Internet Policy
Adam Segal explains the U.S. approach at the ITU Plenipotentiary Conference in Busan, South Korea, where the United States is looking to defend its approach to Internet governance. Washington and its allies favor the "multistakeholder" model: a bottom-up policy process that includes organizations representing technical experts, governments, businesses, civil society, and individual users.
See more in Global; Internet Policy; International Organizations and Alliances
Eugene Gholz examines the national security and economic consequences of China's central role in the global rare earths market.
See more in Global; Energy and Environment
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that standards may be needed to govern the use of financial sanctions so that they do not undo the benefits of globalized financial markets.
See more in Russian Federation; United States; Economics
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that while markets have been relatively sanguine in their outlook, weakness in Europe may force them to reevaluate.
See more in Europe; Middle East and North Africa; Economics
One-third of the world's girls are married before the age of eighteen, limiting both their educational and economic potential. Child marriage is damaging to global prosperity and stability, yet despite the urgency of the issue, there remains a significant lack of data on the subject. Senior Fellow Gayle Tzemach Lemmon discusses both the factors that contribute to and strategies that have proved effective against child marriage.
See more in Global; Children; Women
Policymakers are currently debating the appropriate level of U.S. military spending given increasingly constrained budgets and the winding down of wars in Iraq and Afghanistan. The following charts present historical trends in U.S. military spending and analyze the forces that may drive it lower.
See more in United States; Defense Budget
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn discusses economic reform and rebalancing in China and their implications for future growth and crisis prevention.
See more in China; Economics