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October 15, 2013

Fossil Fuels
The Shale Gas and Tight Oil Boom

Introduction U.S. policymakers have been concerned about the country's dependence on imported energy since World War II. Those concerns were highlighted in the 1970s when episodes of sharply risin…

The Shale Gas and Tight Oil Boom header

December 1, 1999

Emerging Markets
Building the Financial Infrastructure for Middle Class Emerging Economies

Overview The export-led growth model for emerging economies is driven by their need to service external debt and build foreign exchange reserves. It has foundered in the aftermath of financial cri…

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October 4, 2000

Humanitarian Intervention
Humanitarian Intervention

Overview Americans have spent much time in the last ten years arguing whether to intervene in places like Kosovo, Rwanda, and East Timor—and there will almost certainly be no policy consensus in f…

September 1, 2000

Budget, Debt, and Deficits
Future Visions for U.S. Defense Policy

Overview Though threats to American security have changed dramatically in the last decade, U.S. defense policy and military forces look a lot like they did during the closing days of the Cold War…

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April 7, 2017

Financial Markets
CFR Sovereign Risk Tracker

The CFR Sovereign Risk Tracker can be used to gauge the vulnerability of emerging markets to default on external debt. 

Sovereign risk tracker