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October 3, 2019

Eurozone
The Role of the European Central Bank

As Europe has weathered a succession of economic crises, the European Central Bank has responded with an aggressive set of monetary policies that have redefined the bank’s original mandate.

Workers repair the euro sign in front of ECB headquarters

June 20, 2019

Monetary Policy
The Role of the U.S. Federal Reserve

The role of the Federal Reserve has transformed in the past decade, as it has deployed trillions of dollars to boost the U.S. economy while expanding its regulatory oversight of the nation’s financia…

Federal Reserve

March 12, 2019

United States
Inequality and Tax Rates: A Global Comparison

With economic inequality at an all-time high, some U.S. presidential candidates are proposing dramatic shifts to the U.S. tax code. How have similar plans worked elsewhere in the world?

IRS

December 7, 2018

Saudi Arabia
U.S.-Saudi Arabia Relations

Relations between the two countries, long bound by common interests in oil and security, have strained over what some analysts see as a more assertive Saudi foreign policy.

U.S. President Donald J. Trump walks with Saudi King Salman at a summit in Riyadh.

May 4, 2018

South Korea
South Korea’s Chaebol Challenge

South Korea’s megaconglomerates have helped lift the country out of poverty, but their extraordinary influence could put the health of the Korean economy at risk.

A model poses with a Samsung smartphone.

February 17, 2017

China
Media Censorship in China

China’s central government has cracked down on press freedom as the country expands its international influence, but in the internet age, many of its citizens hunger for a free flow of information.

Stacks of newspapers on display at a newsstand in Beijing, January 10, 2013.

January 26, 2016

Energy and Climate Policy
Modernizing the U.S. Energy Grid

The growth of renewable energy and distributed generation is placing the aging U.S. energy grid under increasing pressure at a time when concerns over its reliability are on the rise. 

Solar panels at Nellis Air Force Base, Las Vegas

May 28, 2015

Infrastructure
U.S. Aviation Infrastructure

The U.S. air travel system is the most heavily used in the world, but it needs a much higher rate of investment to modernize and improve efficiency.

Passengers wait in a security line, Washington Reagan airport

February 19, 2015

Financial Markets
The Credit Rating Controversy

The three major credit rating agencies have been accused of contributing to the global financial crisis, drawing increased oversight from regulators in the United States and Europe. Nonetheless, inve…

The New York Stock exchange ticker

December 19, 2012

United States
U.S. Patents and Innovation

The U.S. patent system has generated growing debate over whether it helps foster innovation or stifles it through unnecessary protections, as this Backgrounder explains.