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February 3, 2011

Monetary Policy
Managing the World's Dollar Dependency

Introduction The global financial crisis has exposed a weakness in the international monetary (non-)system. Desired levels of currency reserves in emerging markets have jumped over the past decade…

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March 7, 2012

Cuba
Addressing the Risk of a Cuban Oil Spill

The imminent drilling of Cuba's first offshore oil well raises the prospect of a large-scale oil spill in Cuban waters washing onto U.S. shores. Washington should anticipate this possibility by imple…

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June 25, 2012

Afghanistan
What It Will Take to Secure Afghanistan

Afghanistan is approaching a major inflection point in its long and turbulent history. In 2014 most of the foreign military forces are due to pull out. With them will go the bulk of foreign financing…

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March 14, 2013

Monetary Policy
Exiting from Monetary Stimulus: A Better Plan for the Fed

The U.S. Federal Reserve's monetary stimulus efforts have an undesirable side effect that needs to be managed with great care: the Fed has amassed a huge stock of mortgage-backed securities (MBS) tha…

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October 27, 2014

Europe
A Paris Club for Europe

Europe's strategy for solving its debt woes has the problem exactly backwards. A gaping hole in Europe's policy response to date is its unwillingness to reduce excessive levels of corporate, bank, an…

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February 7, 2012

China
Fostering Greater Chinese Investment in the United States

See CFR Senior Fellow and Renewing America Director Edward Alden's accompanying blog post here. Download the Chinese translation of this report [PDF]. Introduction China recently became the …

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February 28, 2019

Palestinian Territories
Rethinking U.S. Policy Toward the Palestinians

Trump’s new approach to the Palestinians will do more harm than good. The United States cannot solve the Israeli-Palestinian conflict, but it can and should avoid making it worse.

Palestinians take part in the Great March of Return demonstration in the Shuja’iyya neighborhood of Gaza City, Gaza on February 22, 2019.

March 6, 2019

United States
Defending America From Foreign Election Interference

The United States needs to safeguard the democratic process against foreign interference. It should ensure both the technical integrity of the voting system and that voters are not subjected to forei…

Voters fill out their ballots at Loudon County High School in Leesburg, Virginia, on election day, November 6, 2018.

June 17, 2019

International Finance
Make the Foreign Exchange Report Great Again

The U.S. Department of the Treasury should transform its foreign currency report so it can be used as a tool to combat currency manipulation. This would be an important step toward a more balanced global economy with fewer persistent deficits and surpluses.

A man passes by a currency exchange shop in Hong Kong, on May 29, 2019.