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May 31, 2018

United States
US-Debt-BGR-Header-2-1160x630.jpg The National Debt Dilemma

With the U.S. national debt already exceeding $15 trillion, President Trump’s tax reform and budget deals with Congress are poised to add massively to the country’s deficits. CFR explores the origins of the national debt, the risks it presents, and the outlook for change.

May 30, 2018

North Korea
North Korean leader Kim Jong-un observes progress at a nuclear weapons facility. What Would Denuclearization Look Like in North Korea?

Successful denuclearization will hinge on rigorous on-the-ground inspections and closing the gap between North Korea and the United States on what areas any agreement should cover.

May 25, 2018

Nonproliferation, Arms Control, and Disarmament
Reagan and Gorbachev shake hands after their talks in Reykjavik. Singapore and Reykjavik: The Perils of Summitry

The 1986 meeting in Iceland between U.S. President Ronald Reagan and Soviet leader Mikhail Gorbachev was like none other. It offers helpful context for a potential U.S.-North Korea arms control summi…

May 24, 2018

Turkey
Turkey Could Use a Few More Reserves, and a Somewhat Less Creative Banking System Turkey Could Use a Few More Reserves, and a Somewhat Less Creative Banking System

Turkey’s currency initially rallied after the central bank raised interest rates yesterday. Perhaps a bit more orthodoxy is all it will take to restore a modicum of stability to Turkey’s markets. The…

May 23, 2018

Italy
Alessandro Bianchi/Reuters Italy's New Government Could Be the Force That Finally Breaks Europe

Italy's new government could pursue a path that could have a devastating effect on Europe’s financial position

May 21, 2018

Argentina
Argentina: Sustainable, Yes, with Adjustment.  But Sustainable with A High Probability? Argentina: Sustainable, Yes, with Adjustment. But Sustainable with A High Probability?

Probably only connoisseurs of IMF Access Policy debates understand the importance of being judged “sustainable with a high probability” by 19th Street. That’s what unlocks the keys to the kingdom,…

May 21, 2018

Women and Economic Growth
Women from the Indian Dhenga village oppose a land acquisition by companies and the Indian government, saying that the land belongs to them and their children and that it is needed for their social and economic well-being and survival, March 27, 2015. A Place of Her Own: Women’s Right to Land

This blog was coauthored with Alexandra Bro, a research associate at the Women and Foreign Policy program at the Council on Foreign Relations. Last month, Liberian women activists marched to the p…

May 21, 2018

United States
Meeting the Challenge of Slow-Motion Crises

The United States faces three slow-motion crises—the future of work, climate change, and the federal debt—that we risk not tackling until it is too late.

May 18, 2018

Foreign Aid
Pepfar HIV testing PEPFAR’s Impact on Global Health Is Fading

During its fifteen years, PEPFAR has become one of the most important global health initiatives ever launched. However, its influence is fading, threatening the global fight against HIV/AIDS as the s…

May 16, 2018

Argentina
How Many Reserves Does a Country Like Argentina Need? How Many Reserves Does a Country Like Argentina Need?

The IMF’s reserve metric tends to overstate the reserve needs of current account surplus countries with little external debt, and understates the reserve needs of current account deficit countries wi…