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June 15, 2020

World Order
The World Waits for No Country

While the United States has turned inward, focusing primarily on domestic challenges, history has not stopped.

Trump walks away

March 22, 2020

International Economic Policy
How Asia’s Life Insurers Could “Shelter-In-Place”

Asia’s life insurers likely hold somewhere between $1.5 trillion and $2 trillion of foreign currency denominated bonds as part of their portfolio—mostly dollar denominated, but some in euros. Japanes…

Japan, Taiwan, korea Lifers' Foreign Security Holdings (USD Billions)

January 6, 2020

World Order
The World Is Heading Back to the Future—to Another Volatile, Roaring ‘20s

The international politics of 2020 bear unnerving resemblance to the conditions that precipitated World War II.

U.S. President Donald J. Trump makes a speech in Miami, Florida.

December 17, 2019

United States
It is Time to Change How We View Foreign Direct Investment

FDI is increasingly driven by tax avoidance.

It is Time to Change How We View Foreign Direct Investment

October 15, 2019

Taiwan
What Does Taiwan’s Hidden Forward Book Mean for Taiwan’s Financial Stability and U.S. Currency Policy?

Taiwan's central bank—and Taiwanese households—have taken on an awful lot of foreign currency risk over the years …

treasury fx intervention taiwan 4

August 20, 2019

United States
Back-to-School Reading Special

Every year CFR.org editor Bob McMahon and I record a summer reading episode of CFR’s “The World Next Week” podcast. We usually do it in June as we entertain visions of leisurely summer days yet to co…

Books

June 4, 2019

South Korea
Korea, the “Germany” of Northeast Asia…

Korea has no shortage of fiscal space.  It should use it.

Korea, the “Germany” of Northeast Asia…

December 13, 2012

Human Rights
Alas Denmark

Denmark has long been regarded as one of the world’s most attractive nations, for citizens and tourists alike. My own visits there years ago as a student were delightful. And the Danes have a wonderf…

May 1, 2020

Diplomacy and International Institutions
Virtual Meeting: The WHO and the State of Global Health Governance

Panelists discuss the structure of the global health governance system, the role of the World Health Organization, and their perspectives on an effective international pandemic response.

Play Three leaders of World Health Organization, including Director-General Tedros Adhanom Ghebreyesus, at a news conference on the novel coronavirus.

April 29, 2020

Climate Change
Foreign Affairs Live: Climate Change

Daniel Kurtz-Phelan discusses the May/June 2020 issue of Foreign Affairs magazine with contributors David G. Victor and Rebecca Henderson. The authors focus on topics raised in their articles, includ…

Play An hourglass illustration