"This report has three major sections. The first section answers some basic questions about Bitcoin and the operation of the Bitcoin network and its interaction with the current dollar-based monetary system. The second section summarizes likely reasons for and against widespread Bitcoin adoption. The third section discusses legal and regulatory matters that have been raised by Bitcoin and other digital currencies."
International institutions provide a platform for promoting, formalizing, and enforcing rules, norms, and regimes that regulate state behavior. As a leader in many of these fora, the United States is well positioned to promote its national interests through multilateral partnerships. Multilateral consensus is uniquely capable of legitimizing U.S. action and spreading burdens of leadership.
"A successful transition in China will most likely entail political as well as economic reforms, while failure would undermine still-widespread trust in the country's political leadership, resulting in repression at home and military confrontation abroad."
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn discusses five economic themes to be aware of in 2014.
List of prizes and awards for students that are writing about or proposing solutions on issues in political science, international affairs, foreign policy, and diplomacy.
The Global Conflict Tracker is an interactive guide to U.S. conflict prevention priorities in 2014 and is based on the most recent Preventive Priorities Survey (PPS).
Despite the administration's much-publicized Asia "pivot," the spreading impact of the Syria conflict and negotiations to limit Iran's nuclear program will continue to top the foreign policy docket, says CFR's James M. Lindsay.
"[G]lobalization is not merely an economic story. It is accompanied by the spread of freer and more inclusive elections to dozens of countries where they were previously banned or rigged. That has enabled the rise of populists who cater to globalization's losers and who promise to crush the old establishment and even out the rewards. In country after country, they've succeeded in monopolizing the political system. Hence, the elite revolt."
To help U.S. officials and policymakers focus on the most important conflict prevention demands, CFR's Center for Preventive Action produced its sixth annual Preventive Priorities Survey (PPS), which evaluates ongoing and potential conflicts based on their likelihood of occurring in the coming year and their impact on U.S. interests. Micah Zenko discusses the process, findings, and utility of the PPS.
"Global cooperation is increasingly occurring outside formal institutions, as frustrated actors turn to more ad hoc venues," writes Stewart Patrick.
International meetings on nuclear security, Internet governance, and climate change headline a series of summits that could yield significant policy changes, says CFR's Stewart Patrick.
Unrest in the Middle East, brinksmanship in the East China Sea, and instability in Afghanistan and Pakistan top foreign policy experts' concerns for 2014, says CFR's Paul Stares.
What were the pivotal events in 2013 and where will foreign policy challenges emerge in 2014? This CFR year-end issue guide provides an experts' roadmap.
Yanzhong Huang and colleagues examine universal health coverage and the role of technology.
Chosen by CFR.org editors from among hundreds of Must Reads curated on the website in 2013.
In this special edition, CFR.org Editor Robert McMahon and CFR's Director of Studies James Lindsay preview major world events in the coming year: U.S. fiscal problems drag on; Iranian nuclear talks remain a global priority; a year of pivotal elections and domestic discontent; a new world of energy emerges; disputes in the East China Sea continue to raise tensions; and the race for the Arctic intensifies.
United States and the European Union are rather surprisingly re-asserting their control over global trade rules after two decades of stalemate, writes Ted Alden.
The author examines Pakistan's complex role in U.S. foreign policy and advocates for a two-pronged approach that works to quarantine threats while integrating Pakistan into the broader U.S. agenda in Asia.
The authors assess the political, security, and economic challenges facing U.S. policymakers in Afghanistan and evaluate a range of policy options.
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.
This clear and authoritative book presents a sweeping account of China's global resource quest and the unrivaled expansion of its economy. More
The story of the tragic and often tormented relationship between the United States and Pakistan, and a call to prepare for the worst, aim for the best, and avoid past mistakes. More
An authoritative and accessible look at what countries must do to build durable and prosperous democracies—and what the United States and others can do to help. More