Various reports from CFR, posted at the discretion of CFR's president and director of studies.
There has never been greater urgency for expanding and improving U.S. workforce training programs. In this Working Paper, Thomas Hilliard argues that the federal government should corral the country's siloed and disjointed workforce-development programs in line with a common national strategy.
See more in United States; Labor
Despite an extended period of economic difficulty, Pew pollsters Andrew Kohut and Michael Dimock show that Americans' core values and beliefs about economic opportunity remain largely optimistic and unchanged.
See more in United States; Economics; Polls and Opinion Analysis
Shanker Singham details the new and growing international trade problem of government-imposed anticompetitive market distortions—and what the United States can do to combat them.
See more in Trade; Global
Latino immigrant entrepreneurs are set to tap rapidly expanding Latino markets at home and abroad. Starr explains what governments at all levels should do to unlock their full entrepreneurial potential.
See more in Immigration; United States
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.
See more in United States; Industrial Policy; Manufacturing
Many low-paying jobs have moved from the United States to rapidly growing markets abroad, and higher-paying jobs may soon follow. While Americans benefit from cheaper goods, employment opportunities have diminished. Policymakers should address this trade-off as a first step toward tackling questions of inequality and economic distribution.
See more in Labor; United States; Industrial Policy
High and volatile energy prices have driven the regulation of commodity financial markets to the forefront of the U.S. and G20 policy agendas. Integrated commodity markets require international policy coordination, but not all domestic and international policy initiatives are equally desirable.
See more in Economics; Oil; Global
This second installment of the Capital Flows Quarterly series investigates two factors that could substantially alter the long-run value of the U.S. dollar: the dollar's reserve status and the sustainability of U.S. international debt.
See more in United States; Budget, Debt, and Deficits; Monetary Policy
The dollar's status as the world's reserve currency has become a facet of U.S. power, allowing the United States to borrow effortlessly and sustain an assertive foreign policy. But the capital inflows associated with the dollar's reserve-currency status have created a vulnerability, too, opening the door to a foreign sell-off of U.S. securities that could drive up U.S. interest rates. In this Center for Geoeconomic Studies Capital Flows Quarterly, Francis E. Warnock argues that a sell-off came close to happening in 2009. How the United States uses this reprieve will affect the nation's ability to borrow for years to come, with broad implications for the sustainability of an active U.S. foreign policy.
See more in Financial Crises; Budget, Debt, and Deficits; United States