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December 6, 2013

Japan
Global Economics Monthly: December 2013

Bottom Line: Abenomics had an impressive start, but the structural reform agenda has bogged down, raising questions about whether macro policies alone can float the Japanese economy. Against the back…

September 3, 2013

Budget, Debt, and Deficits
Global Economics Monthly: September 2013

Bottom Line: There's a strong consensus that this fall's fiscal showdown will result in a compromise agreement, but a deal may be harder to get than markets anticipate. Have pity on the U.S. fisca…

August 5, 2013

China
Global Economics Monthly: August 2013

Bottom Line: Growth is slowing in China, which could constrain the pace of rebalancing and policy reform. China's long-term growth could disappoint markets. If you are an English football fan, you…

January 11, 2011

Cybersecurity
Summary Report for the Workshop on Cybersecurity, Foreign Policy, and Business

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…

April 6, 2015

Greece
Global Economics Monthly: April 2015

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that the decisions the Greek government will now face over who to pay will change the course of its crisis.

July 23, 2012

Security Alliances
Japan-South Korea Relations: Time to Open Both Eyes

There is an old Russian proverb that applies to current Japan-South Korea (ROK) relations: "Forget the past and lose an eye; dwell on the past and lose both eyes!" The Japanese, it would appear, are …

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November 3, 2015

China
Global Economics Monthly: November 2015

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that the concerns driven by China's economic problems are modest compared to the 1997 Asian financial crisis or the Great Recession. However, there are reasons for concern: large financial imbalances, weak global growth, inadequate official resources, and political pressures. While a severe global financial crisis remains a tail risk, policymakers need to be prepared to respond.

July 15, 2014

Wars and Conflict
Trends in U.S. Military Spending

Military budgets are only one gauge of military power. A given financial commitment may be adequate or inadequate depending on the number and capability of a nation's adversaries, how well a country …

January 13, 2012

North Korea
Leadership Transition in North Korea

On December 17, 2011, Kim Jong-il's seventeen-year rule came to an end as he reportedly succumbed to a heart attack. Nearly fifty hours after the event, the North Korean propaganda apparatus sprang i…

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February 15, 2000

Radicalization and Extremism
U.S. Policy Toward Islamism

Overview For policymakers, Islamism, Islamist states, and Islamist movements pose a set of awkward and unusual problems. By default as well as by design, the U.S. government, and especially its na…