Just a few years ago, Latin America was on a roll. Its economies, riding on the back of the Chinese juggernaut, were flourishing. A boom in commodity prices and huge volumes of foreign direct investment in agriculture and natural resources generated a golden decade.
The biggest revelation offered by Ben Bernanke’s memoir of his time as chair of the U.S. Federal Reserve is just how much the public, the media, and especially elected officials have misunderstood the real lessons of the 2008 financial crisis and the subsequent Great Recession—events that defined Bernanke’s tenure, which began in 2006 and ended in 2014.
Tom Vilsack, the longest serving member of the Obama administration cabinet and former governor of Iowa, discusses his department’s role in U.S. national security strategy, including its work in protecting U.S. food supplies, conserving U.S. natural resources and forests, securing a clean water supply, and aiding developing nations.
Earlier this week, Prime Minister Narendra Modi of India visited President Obama, marking his second visit to the White House in two years. Like his two immediate predecessors, Obama has made special efforts to expand ties with India.
The International Military Education and Training (IMET) program, which provides U.S. government funds to members of foreign militaries to take classes at U.S. military facilities, has the potential to be a powerful tool of U.S. influence. Joshua Kurlantzick explains how the program can be reformed to more effectively promote U.S. interests.
With another interest rate rise potentially on the horizon, please join Federal Reserve Governor Lael Brainard for a discussion on the economic outlook of the United States and the monetary policies of the U.S. Federal Reserve.
I RECENTLY gave a talk at the state prison in San Quentin, Calif. At the event, a former inmate said, “I don’t understand why over the 18-year period of my incarceration, over $900,000 was paid to keep me in prison. But when I was paroled, I was given $200 and told ‘good luck.’ ”
Speaker: Rana A. Foroohar Speaker: John P. Lipsky Speaker: Joseph E. Stiglitz Presider: Peter R. Fisher
Experts discuss the growth of finance in the U.S. economy since the Great Recession and its impact on business production and income inequality, and whether government regulations introduced after 2008 have proven effective in preventing another recession.
Ray Mabus discusses the Navy’s commitment to renewable energy, efforts to decrease the its reliance on fossil fuels, and his strategy to achieve energy security while maintaining the Navy’s global presence.
The flow of data across international borders creates jurisdictional challenges and causes international tensions. Increasingly, countries have responded by imposing new requirements to store data locally, threatening cross-border data flows, which generate approximately $2.8 trillion of global gross domestic product each year. CFR Senior Fellow for Digital Policy Karen Kornbluh argues that the United States should take the lead in addressing these tensions.
This Memorial Day is the first in which the ban on women in ground combat is history. Last month, West Point celebrated 40 years of women in its ranks. And the first women to graduate from Army Ranger School last year have now become part of the new old guard.
Learn more about CFR’s mission and its work over the past year in the 2015 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 »