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May 15, 2020

State and Local Governments
How the Coronavirus Will Harm State and City Budgets

The coronavirus pandemic is placing enormous budget pressure on state and local governments, threatening deep and potentially lasting cuts to education, infrastructure, and other important investment…

Four people wait in line at an unemployment in Fayetteville, Arkansas, after losing their jobs due to the coronavirus outbreak.

May 4, 2020

Coronavirus
Coronavirus: How Are Countries Responding to the Economic Crisis?

The coronavirus pandemic is slowing global commerce to a crawl, but many of the world’s largest economies are taking extraordinary actions to propel them through the crisis.

A pedestrian wearing a protective face mask amid the the coronavirus (COVID-19) outbreak is reflected on a screen displaying stock prices outside a brokerage in Tokyo, Japan, on March 17, 2020.

April 30, 2020

United States
The 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.

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March 31, 2020

Monetary Policy
What Is the U.S. Federal Reserve?

Over the past decade, the Fed has deployed trillions of dollars in stimulus while expanding its regulatory oversight. Under the Trump administration, the central bank is back on the front lines to fi…

Federal Reserve

February 13, 2020

Puerto Rico
Puerto Rico: A U.S. Territory in Crisis

The Caribbean island, which shares a close yet fraught relationship with the rest of the United States, faces a multilayered economic and social crisis, rooted in long-standing policy and compounded …

A man rides his bicycle through a damaged road in Puerto Rico.

February 5, 2020

Ukraine
Ukraine: Conflict at the Crossroads of Europe and Russia

Ukraine has struggled to forge an independent path, torn between Europe and the United States in the West and its long-standing ties to Russia in the East.

An anti-government protester sits on a monument during clashes with riot police in Kyiv on February 20, 2014.

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

March 8, 2019

United States
The U.S. Trade Deficit: How Much Does It Matter?

President Trump has made reducing the U.S. trade deficit a priority, blaming trade deals like NAFTA, but economists disagree over how policymakers should respond.

Chinese steel factory

January 12, 2018

United States
The State of U.S. Infrastructure

Amid deliberations over President Trump’s first budget, debate has intensified over how to improve the nation’s infrastructure, as analysts say U.S. transportation, water, and other systems face majo…

The State of U.S. Infrastructure

September 22, 2016

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.

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