As the global economic crisis increases the importance of trade, and China and the United States eye greater engagement with Southeast Asia, ASEAN may play a more robust role in the region.
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, explains this Backgrounder.
The People's Mujahedin of Iran, or MEK, is a militant Iranian opposition group and a recognized terrorist organization, according to the U.S. State Department. This Backgrounder examines the group's history and the politics surrounding its relocation from Iraq.
Controversies over too-big-to-fail financial institutions continue to mount. The Basel Accords represent the latest effort to ease risk and restore confidence, as this Backgrounder explains.
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.
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.
NATO has been the foundation of transatlantic security for more than sixty years, but despite its longevity, critics question whether the alliance can stay relevant in the face of emerging threats, limited funding, and debates over its mission.
Since its founding in 1944, the World Bank has evolved from a lender focused on European reconstruction into the preeminent international institution for economicdevelopment and poverty reduction. This Backgrounder examines the Bank's history and role.
As the world's oldest regional body, the Organization of American States has served as a platform for cooperation, but ideological polarization among its members and criticisms of the organization's institutional weakness have raised doubts about its ability to remain relevant.
Most lawmakers agree corporate tax reform is an important step in improving U.S. global economic competitiveness, but a debate over rate levels and whether to tax foreign profits of multinationals remains unresolved.
A surge in pirate attacks off the Somali coast in recent years has prompted the deployment of an international coalition of navies. But experts say that military force alone cannot address the underlying issue of failed Somali governance.
Trade accounts for an increasing portion of the U.S. economy, and the Obama administration has embraced a ramped up export strategy. But debate persists over the merits of a vigorous free trade agenda.
Rail infrastructure is a critical component of a transportation network capable of helping the United States compete in global markets. Efforts to expand and modernize U.S. rail, particularly to include high-speed trains, are under debate as lawmakers weigh costs and benefits.
Targeted killings have become a central component of U.S. counterterrorism operations around the globe. Despite pointed criticism over transparency and accountability issues, analysts say the controversial practice seems likely to expand in the future.
The Obama administration's 2013 budget plan has revived debate over the sustainability of U.S. spending. This Backgrounder outlines the competing policy paths on fiscal reforms and the global consequences for failing to bring down U.S. debt.
The eurozone, once seen as a crowning achievement in the decades-long path of European integration, is buffeted by a sovereign debt crisis of nations whose membership in the currency union has been poorly policed.
China has increased its economic ties with Africa as it seeks to fulfill its growing energy demands. But China's way of doing business has prompted international criticism, even as its policy of noninterference faces new challenges.
Founded as a loose confederation of states in 1945, the Arab League has struggled to overcome dysfunction and disunity among its members. The Arab revolts of 2011 offer the League a new opportunity to pursue necessary reforms, increase legitimacy, and prove its relevance.
U.S.-based rating agencies--still reeling from a loss of credibility for being too lenient with risky financial institutions in the run-up to the global financial crisis--are once again under intense scrutiny following S&P's unprecedented downgrade of U.S. debt. The move comes on the heels of intense criticism by EU officials, who contend the raters have accelerated the European sovereign debt crisis.
With oil supplies tight, regions most vulnerable to oil supply disruptions present a significant economic concern, particularly threats to the Strait of Hormuz and unrest in Nigeria, explains this Backgrounder.
Special operations play a critical role in how the United States confronts irregular threats, but to have long-term strategic impact, the author argues, numerous shortfalls must be addressed.
The author analyzes the potentially serious consequences, both at home and abroad, of a lightly overseen drone program and makes recommendations for improving its governance.
The biggest threat to America's security and prosperity comes not from abroad but from within, writes CFR President Richard N. Haass in his provocative new book. More
Two experts argue that despite myriad development strategies, only one can succeed in alleviating poverty in India: the overall growth of the country's economy. More