Daniel Drezner assesses international financial governance and concludes that, contrary to conventional wisdom, evidence suggests that global governance structures responded to the 2008 financial crisis robustly.

A broad-sweeping look at international efforts to combat transnational crime. This is part of the Global Governance Monitor, an interactive feature tracking multilateral approaches to several global challenges.

A broad-sweeping look at international efforts to regulate the global financial system. This is part of the Global Governance Monitor, an interactive feature tracking multilateral approaches to several global challenges.

G20 leaders will be tested this week to act on sovereign debt crises and potential global economic upheaval. Stewart Patrick says a proper response would be for leaders to follow their own promises from previous summits.

Peter Garber delves into China's offshore currency market to understand what drives its growth and what it means for further liberalization of the renminbi.

Jeffrey Frankel looks to history as a guide in determining the renminbi’s prospects for becoming an international currency.

Robert McCauley asks whether Chinese officials can guide the renminbi to internationalization while preserving their influence over credit growth and allocation.

Takatoshi Ito charts the renminbi’s progress toward becoming an international currency and discusses what steps China should take to complete the process.

Alan Taylor explores what benefits the global monetary system could expect from an internationalized renminbi.

An interactive multimedia feature that maps out and evaluates multilateral efforts to address some of the most difficult international issues.

The G8 summit affirmed the group's importance as a U.S. partner as it seeks a common front on the "Arab Spring" uprisings, and in forging collective action on human rights and security matters, says CFR's Stewart Patrick.

Highs and volatile energy prices have driven the regulation of commodity financial markets to the forefront of the U.S. and G20 policy agendas, including the upcoming 2011 G20 meeting in France. Integrated commodity markets require international policy coordination, but not all policy initiatives are equally desirable. Improving Energy Market Regulation: Domestic and International Issues examines a range of policy options at both the domestic and international levels.

Managing the World's Dollar Dependency examines the U.S. dollar's unique reserve-currency status and recommends novel mechanisms to discourage imprudent reserve accumulation and the need for precautionary reserve holdings.

The G20 summit in Seoul showed growing member disagreement on issues from exchange rate policies to global imbalances and increasingly less confidence in U.S. global economic leadership, says CFR's Stewart Patrick.

This essay analyzes recent political and economic trends in Europe, as European Union member states--and Germany in particular--deprioritize the goal of integration.

This essay examines the state of the European Union post-eurozone crisis, and assesses the European Union's prospects as a model for regional integration efforts around the globe.

This essay assesses the causes and consequences of the renationalization of politics in the European Union.

This essay assesses the need for deeper integration in the European Union, while questioning where the current European leadership has the vision to implement such reforms in the wake of the euro crisis.