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February 27, 2023

Conflict Prevention
Averting Major Power War

Although no two major powers have openly fought in over three-quarters of a century, growing tensions between the United States, China, India, and Russia threaten renewed conflict. CFR’s Paul B. Star…

October 11, 2018

Global Governance
Global Governance to Combat Illicit Financial Flows

Illicit financial flows are one of the most important features of globalization’s dark side. However, unlike other illicit or dangerous cross-border flows, these flows bear almost no markers in and of themselves.

Replicas of Brazilian banknotes are hung on a clothesline during a protest of the national union of prosecutors against money laundering in Brazil, at the Esplanade of Ministries in Brasilia, on March 18, 2015. (Ueslei Marcelino/Reuters)

January 30, 2023

Public Health Threats and Pandemics
Managing the Risks of Biotechnology Innovation

Biotechnology advances offer immense public health and consumer potential, but come with serious risks. A recent workshop held by the Council on Foreign Relations brought experts together to discuss …

A scientist holds up two trays of cells.

October 19, 2016

Northeast Asia
The Return of the East Asian Savings Glut

Overview The combined savings of China, Japan, Korea, Taiwan, and the two city-states of Hong Kong and Singapore is about 40 percent of their collective GDP, a thirty-five-year high. No other regi…

The Return of the East Asian Savings Glut header

October 9, 2015

China
Global Economics Monthly: October 2015

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that China's growth prospect lies somewhere between hard-landing and muddle-through scenarios. However, uncertainty remains and is already being felt strongly and likely to put increasing pressure on emerging markets through trade contraction and financial contagion. For the United States, fragility in emerging markets is the critical risk and will dominate economic decision-making for months if not years to come.