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September 29, 2022

Puerto Rico
Puerto Rico: A U.S. Territory in Crisis

The Caribbean island, which shares a close yet fraught relationship with the rest of the United States, faces a multilayered economic and social crisis rooted in long-standing policy and compounded b…

A man rides his bicycle through a damaged road in Puerto Rico.

May 17, 2013

South Africa
South Africa’s Economic Fault Lines

South Africa in the post-apartheid period has registered steady growth, but mounting problems over inequality threaten the continent’s economic engine.

Girls stand outside shacks made from metal in Cape Town's Khayelitsha township.

February 6, 2013

Europe
Germany’s Central Bank and the Eurozone

Germany’s Bundesbank remains an influential actor in eurozone policymaking, and its recent disagreements with the ECB raise concerns about managing the zone’s debt crisis. This Backgrounder explains.

July 11, 2012

Financial Markets
The Basel Committee on Banking Supervision

Controversies over too-big-to-fail financial institutions continue to mount. The Basel Accords represent the latest effort to ease risk and restore confidence, as this Backgrounder explains.

June 13, 2012

Greece
Greek Elections and the Eurozone’s Future

Greek elections this weekend could render a verdict on the country’s eurozone future, with analysts fearing serious consequences for the global economy, says this CFR Backgrounder.