Expert Briefs

Concise and timely policy analysis from Council on Foreign Relations scholars.

U.S.-China Exchange Rate Thicket

U.S.-China Exchange Rate Thicket

Author: Steven Dunaway

China's exchange rate policy will dominate the economic dialogue between the United States and China during President Hu's state visit to Washington. There's scant hope differences can be resolved, says CFR's Steven Dunaway.

See more in China; International Finance; United States

The G20 Takes a Step Back

The G20 Takes a Step Back

Author: Steven Dunaway

The G20 finance ministers' agreement may have helped avert a global currency war. However, by potentially shifting the focus toward reducing external imbalance, there is a risk that policy adjustments needed to deal with imbalances among the major world economies will be neglected, writes CFR's Steven Dunaway.

See more in International Organizations and Alliances; Financial Crises; Global

World Cup and South Africa's Unmet Goals

World Cup and South Africa's Unmet Goals

Author: Princeton N. Lyman

The upcoming soccer World Cup brings enormous prestige to South Africa's still-emerging democracy. But for all its post-apartheid progress, the country still must fix deep-rooted economic and political problems, writes CFR's Princeton Lyman.

See more in Economic Development; South Africa

The Debate over Foreign Aid

The Debate over Foreign Aid

Author: Laurie Garrett

It's important to evaluate foreign aid programs and address questions of accountability and value, especially at a time of concern about the economy, but cuts or reductions in foreign assistance support aren't merited, says CFR's Laurie Garrett.

See more in United States; Foreign Aid