June 26, 2018Monetary Policy
To minimize the risk of greater global imbalances, U.S. policymakers should rethink U.S. fiscal policy and focus on the transatlantic imbalances, not the bilateral trade deficit with China.
July 11, 2017Energy and Environment
The 2014 fall in global oil prices, from over $100 a barrel to around $50 a barrel, reduced the export proceeds of the world’s main oil- and gas-exporting economies by about $1 trillion. After a deca…
July 11, 2017Fossil Fuels
The best single measure of the resilience of an oil- or gas-exporting economy in the face of swings in the global oil price is its external breakeven price: the oil price that covers its import bill…
January 11, 2011Cybersecurity
Introduction In early 2011, the Council on Foreign Relations held a workshop focused on the intersection of cybersecurity, foreign policy, and global business. The program, which included a keynot…
February 23, 2018Cybersecurity
Without increased cooperation, the global digital economy is vulnerable to catastrophic cyberattack.