China's new Asia Infrastructure Investment Bank has raised questions about United States policy in Asia. Several European nations, South Korea and Australia have signed on to China's initiative, which seeks to raise $50 billion to $100 billion for Asian development. While the U.S. remains cautious about this new China-led effort to fund infrastructure and development, it should welcome the participation of others.
India now faces many of the same environmental challenges that China does. But there are striking differences in how the two countries are confronting environmental issues, says Elizabeth Economy, and both countries have much to learn from one another.
U.S. efforts to promote its preferred norms for cyberspace—Internet openness, security, and free speech—suffered a significant setback in the summer of 2013 with the Snowden disclosures. Henry Farrell identifies three steps the United States can take to reinvigorate its norm-promotion efforts.
"The Trans-Pacific Partnership would help most Americans economically and serve the country's strategic aims, and deserves the support of Congress," write CFR President Richard N. Haass and former deputy Treasury secretary Roger C. Altman.
From the author of the New York Times bestseller The Dressmaker of Khair Khana comes the poignant and gripping story of a groundbreaking team of female American warriors who served alongside Special Operations soldiers on the battlefield in Afghanistan.
The numerous concessions to Iran in the framework agreement means that the Islamic Republic should be able to manufacture bombs on short notice after the sunset clause expires, writes CFR’s Ray Takeyh. Nevertheless, the Iran deal is not beyond repair and the United States needs to address the deficiencies of the accord in the coming months to close all remaining holes.
In November 2013, the P5+1 (the United States, United Kingdom, Germany, France, Russia, and China, facilitated by the European Union) and Iran released a Joint Plan of Action (JPOA), which required Iran to stop developing its nuclear capabilities and in return P5+1 would reduce economic sanctions. In March 2015, the P5+1 met again with Iran in Lausanne, Switzerland and on April 2, 2015, released a joint statement on Joint Comprehensive Plan of Action (JCPOA). The framework lays out the parameters for the final text of the plan, which is due June 30, 2015.
Is the U.S. trade deficit a problem for the United States? If so, does it reflect competitiveness problems that are in part due to trade policies, or is it caused by factors that have nothing to do with trade policies? What are the proper policy responses?
Writing in the International New York Times, John Bellinger argues that referral of war crimes of the so-called Islamic State is far from a futile gesture. Such international arbitration, he notes, will simplify prosecution in the event that Islamic State leaders are captured alive.
Benn Steil’s Forbes op-ed with Dinah Walker examines why Walmart is raising its minimum starting wage. Contrary to arguments from popular commentators, there is no logical reason to suggest hidden motives related to political pressure. Walmart remains as relentless on costs as ever; wage pressures in the retail sector, we show, are wholly sufficient to explain the company’s move.
The Saudi-led military incursion into Yemen signals a major shift in Saudi policy toward the region, one more suited for a post-American phase, writes CFR’s Ray Takeyh. Perceiving that they are unable to reliably depend upon support from the United States, Saudi Arabia is adopting a more independent and aggressive policy to ensure its security.
Janine Davidson and Lauren Dickey, writing in the Diplomat Magazine, assess the military, diplomatic, and economic measures taken in accordance with the U.S. rebalance to the Asia-Pacific. While the rebalance has so far been a success, they argue that it must be embraced by the next U.S. president in order to become an enduring national policy.
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The authors argue that the United States has responded inadequately to the rise of Chinese power and recommend placing less strategic emphasis on the goal of integrating China into the international system and more on balancing China's rise.
Campbell evaluates the implications of the Boko Haram insurgency and recommends that the United States support Nigerian efforts to address the drivers of Boko Haram, such as poverty and corruption, and to foster stronger ties with Nigerian civil society.
Koblentz argues that the United States should work with other nuclear-armed states to manage threats to nuclear stability in the near term and establish processes for multilateral arms control efforts over the longer term.
Learn more about CFR’s mission and its work over the past year in the 2014 Annual Report. The Annual Report spotlights new initiatives, high-profile events, and authoritative scholarship from CFR experts, and includes a message from CFR President Richard N. Haass. Read and download »