The U.S. system for taxing corporate profits is outdated, ineffective at raising revenue, and creates perverse incentives for companies to shelter profits overseas. It is also, for most U.S. companies most of the time, a pretty good deal, which is one of the big reasons why any serious overhaul will be so difficult to achieve.

The Asian financial crisis of 1997-98 involved, among other things, a failure of regulation. Some believe this failure is endemic to global capitalism, and others believe it was profoundly local and …

For CFR’s annual Preventive Priorities Survey, U.S. foreign policy experts assessed the likelihood and impact of thirty potential conflicts that could emerge or escalate in 2024.

Introduction On October 23, 2012, a new international organization dedicated to changing the way countries grow economically made its official debut on the world stage. The eighteen member countri…