Americas

Foreign Affairs Article

Big Ben

Author: Adam S. Posen

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. 

See more in United States; Financial Crises

Event

A Conversation with Tom Vilsack

Speaker: Tom Vilsack
Presider: Richard N. Haass

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.

See more in United States; Defense and Security

Policy Innovation Memorandum No. 56

Reforming the U.S. International Military Education and Training Program

Author: Joshua Kurlantzick

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.

See more in Asia and Pacific; United States; Diplomacy and Statecraft; Military Leadership

Event

The Finance Industry and Its Impact on the U.S. Economy after the Great Recession

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.

See more in Global; United States; Financial Markets; Banks and Banking

Other Report

A New Framework for Cross-Border Data Flows

Author: Karen Kornbluh

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.

See more in Europe; United States; Internet Policy; Privacy