An extraordinary series of events has caused Japanís nuclear crisis but it appears backup safety systems were flawed, says nuclear expert Charles Ferguson. He expects the disaster to slow some nuclear projects elsewhere but not cause a wholesale stoppage.
U.S. nuclear power faces renewed scrutiny amid Japan's crisis, but it is far too early to gauge the damage suffered by Japan's industry and the effect on U.S. atomic energy's future, says CFR's Michael Levi.
Oil price shocks spurred by Mideast events are unlikely to derail the U.S. economic recovery, says CFR Distinguished Visiting Fellow Michael Spence. But bigger shifts in the global economy will hit U.S. unemployment, income inequality, and capital costs, he says.
With food prices at historic levels, unrest is mounting around the world, particularly in import-dependent regions such as the Middle East. CFR's Laurie Garrett says to meet demand going forward, countries will need to enhance food production and efficiencies.
High and volatile energy prices have driven the regulation of commodity financial markets to the forefront of the U.S. and G20 policy agendas. Integrated commodity markets require international policy coordination, but not all domestic and international policy initiatives are equally desirable.
CFR's Michael Levi and Shannon O'Neil discuss their recent CFR report, Energy Innovation: Driving Technology Competition and Cooperation Among the U.S., China, India, and Brazil, coauthored with CFR Senior Fellows Adam Segal and Elizabeth C. Economy with students as part of CFR's Academic Conference Call series. Learn more about CFR's Academic Initiative.
Key technical, political, and legal issues remain unresolved ahead of the UN climate talks in Cancun. CFR's Michael Levi says the best outcome would be to firm up the Copenhagen Accord commitments on emissions cuts, verification, and financing for developing states.
This study examines low-carbon technology innovation and absorption in China, India, and Brazil. It recommends a course for U.S. policy that promotes accelerated innovation and adoption of new technologies while protecting U.S. commercial interests.
United Kingdom's foreign secretary,William Hague, discusses the urgency of an international climate deal in which all countries accept responsibility for climate change, enforce a more robust framework for high growth and low carbon economic models, and ensure a new sustainable pathway to prosperity and security.
In Money, Markets, and Sovereignty, the authors present a fascinating intellectual history of monetary nationalism from the ancient world to the present and explore why, in its modern incarnation, it represents the single greatest threat to globalization. More
In The Closing of the American Border, Edward Alden goes behind the scenes to tell the story of the Bush administrationís struggle to balance security and openness in the wake of the September 11, 2001, terrorist attacks. More
In this report, Benn Steil shows that the financial crisis is the inevitable bust of a classic credit boom, and explains how monetary, taxation, and home ownership promotion policy combined with other features of the financial system to fuel an unsustainable buildup in debt. He recommends significant reforms to reverse the debt financing bias and make the system more resilient to falls in asset prices. More
In order for policymakers to tackle todayís global economic crisis, this report argues, they must go beyond bailouts and stimulus packages and focus on one of the crisis's root causes: imbalances between savings and investment in major countries. More