Backgrounders

Current political and economic issues succinctly explained.

President Obama is generally supportive of the UN mission while raising questions about its effectiveness, but GOP candidate Mitt Romney is harshly critical of the organization.

See more in Elections; United States

President Obama has expanded sanctions against North Korea over its nuclear ambitions while making attempts to engage with it, but Mitt Romney has criticized the engagement policy as weak.

See more in Elections; United States

Author: Steven J. Markovich

Income inequality is generating high-level attention and debate in the United States, but the causes are complex and the policy remedies so far are modest, explains this Backgrounder.

See more in United States; Poverty

The Role of the European Central Bank

Author: Christopher Alessi

As Europe's central bank moves aggressively to staunch the continent's crisis, some critics are asking if it has exceeded its mandate by stepping into the breach left open by elected leaders.

See more in Europe; Monetary Policy

Renewing America

Renewing America

The Dodd-Frank Act

Author: Steven J. Markovich

The Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank"), signed into law in July 2010, is one of the most significant regulatory reform measures since the Great Depression.

See more in United States; Financial Regulation

Understanding the Libor Scandal

Authors: Christopher Alessi and Mohammed Aly Sergie

The manipulation of interbank lending rates by a host of global financial institutions could have significant repercussions for financial markets, consumer loans, and regulatory policy.

See more in United Kingdom; Financial Markets

Greek Elections and the Eurozone's Future

Author: Christopher Alessi

Greek elections this weekend could render a verdict on the country's eurozone future, with analysts fearing serious consequences for the global economy, says this CFR Backgrounder.

See more in Greece; Elections

Author: Steven J. Markovich

In the face of persistently high unemployment, policymakers and workers look to innovation and entrepreneurship to create new jobs. This Backgrounder discusses how entrepreneurs create and finance the startups that power U.S. job growth, and the ramifications of policies such as the JOBS Act.

See more in United States; Entrepreneurship; Financial Markets