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February 8, 2024

United States
The U.S. Vice President and Foreign Policy

Modern vice presidents can trace much of their political influence to the broad reforms that Jimmy Carter and Walter Mondale made to the second-highest elected office in the late 1970s.

Vice-President-Cheney-Rumsfeld-Libby--.jpg

December 8, 2023

International Organizations
What Is the IMF?

The International Monetary Fund, both criticized and lauded for its efforts to promote financial stability, continues to find itself at the forefront of global economic crisis management.

Demonstrators hold red and yellow signs protesting the IMF in Buenos Aires, Argentina.

December 4, 2023

Budget, Debt, and Deficits
The U.S. National Debt Dilemma

With the U.S. national debt already exceeding $16 trillion, President Trump’s tax reform and budget deals with Congress have added to the country’s deficits. CFR explores the origins of the national debt, the risks it presents, and the outlook for change.

An exterior view of the U.S. Treasury building from below

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.

October 11, 2023

G20 (Group of Twenty)
What Does the G20 Do?

The Group of Twenty, an informal gathering of many of the world’s largest economies, is the premier global forum for discussing economic issues. But it has faced divisions over trade, climate change,…

World leaders sit around a circular table at the G20 summit in New Delhi, India.

September 20, 2023

Sub-Saharan Africa
Africa’s ‘Leaders for Life’

Sub-Saharan Africa is home to many of the world’s longest-ruling heads of state. Pro-democracy advocates have at times successfully stopped presidents from extending their mandates, but the authorita…

A worker throws away campaign posters of President Yoweri Museveni after Uganda’s 2021 election.

September 18, 2023

Economics
Is Industrial Policy Making a Comeback?

The threat of climate change and the rise of China have prompted renewed debate about the U.S. government’s role in shaping the economy.

Workers assemble Ford vehicles at the Chicago Assembly Plant in Chicago, Illinois.

July 19, 2023

United States
The Dollar: The World’s Reserve Currency

The dollar’s role as the primary reserve currency for the global economy allows the United States to borrow money more easily and impose painful financial sanctions. Other countries are beginning to …

Three $1 bills lie on top of one another, filling the frame.