The way the world trades has changed since the World Trade Organization (WTO) was established. Fewer goods and services originate from any one supplier or country. Components and intermediate services are increasingly sourced and assembled from specialist suppliers around the world. Regulation also plays a more significant role in this era of international trade. The adequacy of regulatory oversight has become more important as complex, unbundled global supply chains have become harder for businesses and customers to monitor.
Authors: Farideh Farhi, Sarah Birke, Matthew Levitt, Hussein Ibish, and Chuck Freilich
The nuclear deal inked by Iran and major powers has implications not just for proliferation, but Middle Eastern security as well. Five experts weigh in on what the deal means for regional powers and conflicts.
Even though there is little fundamental linkage between oil prices and the competitiveness of solar or wind power across the developed world, newly risk-averse investors in renewable energy Yieldcos are dumping investments they suddenly consider overvalued.
Overall, the landscape of Iran suggests few reasons for optimism: The Islamic Republic has negotiated an advantageous arms-control agreement, and the accord looks likely to survive opposition in the U.S. Congress. Tehran’s regime represses its citizens and has embarked on an expansion of its influence from the Persian Gulf to the banks of the Mediterranean.
Political disagreements make the U.S. less reliable, leading friends to take matters into their own hands and foes to challenge U.S. policy, thinking they have little to fear, says CFR President Richard Haass.
In a review for Commentary, Elliott Abrams analyzes Ambassador Michael Oren’s new book Ally. Abrams notes that while Ambassador Oren frankly describes the various actions by President Obama that worsened relations between the U.S. and Israel, he is not candid about the supporters who defended Obama as he went down that path.
Writing in Politico, Philip Gordon explores the key issues the United States and Saudi Arabia should address during King Salman’s visit to Washington. It’s good the leaders are talking, but fundamental strategic gaps remain.
Almost two weeks after the bombing at central Bangkok’s Erawan Shrine that killed 20 people and set off a massive manhunt for a suspect identified in CCTV video, Thai authorities appear no closer to solving the case. No one has taken credit for the attack and Thai leaders have also denied the bombing had anything to do with international terrorism, although they provided no evidence to support this claim.
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.
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 »