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January 22, 2024

Trade
The Curse of Nostalgia: Industrial Policy in the United States

A critical look at the past and present of industrial policy shows that its recent popularity is not only misguided, but is likely to have negative economic and geopolitical consequences for the Unit…

President Joe Biden signs the Inflation Reduction Act in the State Dining Room of the White House in Washington on August 16, 2022.

October 20, 2023

Monetary Policy
What Is the U.S. Federal Reserve?

Over the past decade, the Fed kept interest rates low while it deployed trillions of dollars in stimulus and expanded its regulatory oversight. Now, the central bank is back in the spotlight for its …

A stone bald eagle perches on the Federal Reserve building in Washington, DC.

April 5, 2022

Japan
Glen S. Fukushima: Japanese Capitalism and Its Lessons for the United States

Among G7 countries, Japan and the United States are the polar extremes in the type of capitalisms they represent. Although Japan today faces challenges of its own, its experience offers some lessons …

Japan LDP debate organized by younger and female members

September 29, 2009

Economic Crises
State and Local Officials Conference Call: Update on the Global Economy (Audio)

Listen to Roger M. Kubarych, the Henry Kaufman adjunct senior fellow for international economics and finance at CFR, give an update on the global economy in light of the G-20 meeting in Pittsburgh an…

Podcast

September 26, 2023

Nuclear Energy
Nuclear Fusion and the Future of Energy

Kim Budil, director of the Lawrence Livermore National Laboratory in California, discusses the recent achievement of a net energy gain from a nuclear fusion reaction and its implications for the futu…

Play Fusion reactor, illustration. Nuclear fusion is the combination of atomic nuclei, a process that releases massive amounts of energy. If this process could be harnessed it could be an unlimited source of clean renewable energy.

September 23, 2009

International Organizations
At G-20 Economic Summit, Relief and Rituals

CFR’s Roger M. Kubarych says the G-20 summit will find leaders relieved that the worst of the global economic crisis is over but divided over substantive changes to the world’s financial architecture.