September 22, 2014South Korea
A dispute over whether South Korea (ROK) should have the right to enrich and reprocess U.S.-origin nuclear fuels has led to a deadlock in talks on a new bilateral nuclear cooperation agreement. Failu…
August 19, 2014Drug Policy
Globalization has transformed the marketplace for medicines in recent decades, giving rise to new threats including the poor traceability of global supply chains, counterfeit and substandard medicine…
August 11, 2014Fossil Fuels
Each year, governments around the world spend more than half a trillion dollars on fuel subsidies, crowding out productive investment in poverty alleviation and growth. CFR Senior Fellow Isobel Coleman proposes establishing a private-public partnership to help governments build the case for subsidy reform directly with citizens.
May 12, 2014United States
Read Edward Alden's accompanying blog post. Each year, U.S. state and local governments spend tens of billions of dollars to lure or retain business investment. The subsidies waste scarce taxpayer…
March 19, 2014Infrastructure
To advise state and local government on how best to use private investment and build more critical infrastructure in a cost-effective way, Heidi Crebo-Rediker recommends the federal government create a new advisory unit within the Treasury Department called "Infrastructure USA."
February 24, 2014Europe and Eurasia
The European Stability Mechanism's (ESM) bank recapitalization instrument was designed to break the vicious circle tying financially weak eurozone governments to financially weak banks. It cannot, ho…
February 19, 2014Yemen
Benn Steil and Dinah Walker argue that the ECB's bank stress tests will roil rather than calm markets if recapitalization funds are not set aside in advance, as they were in the case of the highly successful U.S. tests in 2009.