Europe continues to grapple with sovereign debt problems. CFR Senior Fellow Robert Kahn recommends that policymakers draw lessons from the Paris Club to provide a rules-based approach to debt relief that can get Europe back on the path to growth.
While oil prices over the last three years were the smoothest in decades, volatility is back and here to stay argue Michael Levi and Robert McNally. Levi and McNally explain how price fluctuations, rather than high prices, endanger global economic growth.
Economic sanctions have become central to confronting security crises from Russia to Iran in recent years. Jennifer Harris explains how sanctions became so popular and argues that itís time to rethink the role of economics in warfare.
As oil prices continue to drop, Michael Levi argues that the benefit to American consumers will outweigh any damage to the U.S. economy. However, how you view this plunge in oil prices "depends a lot on where you live and what work you do."
Bloomberg ViewPeter R. Orszag argues that the common U.S. conception of state capitalism in China is dated and wrong, which creates dangerous complacency among policymakers about the risks of a Chinese economic slowdown.
The Center for Geoeconomic Studies works to promote a better understanding of how economic and geopolitical forces interact to influence world affairs.
In the most recent issue of International Finance, edited by CFR's Benn Steil, OECD economists Rudiger Ahrend and Antoine Goujard demonstrate how short-term bank debt propagates financial crises across borders.