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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

April 17, 2020

European Union
How Does the European Union Work?

The European Union has navigated a thicket of external and internal crises in recent years, including mass migration and Brexit. What are the union’s core institutions, and what roles do they play?

The chamber of the European Parliament during a voting session at the EU parliament's headquarters in Strasbourg..

November 5, 2019

Global
Central Bank Currency Swaps Tracker

Introduction Since the financial crisis of 2007, central banks around the world have entered into a multitude of bilateral currency swap agreements with one another. These agreements allow a centr…

August 12, 2020

United States
Weaker Dollar Means More Dollar Reserves

Large increases in dollar reserves tend to come during periods of dollar weakness, not periods of dollar strength. That is for a simple reason: many export-heavy countries still intervene heavily in …

Weaker Dollar Means More Dollar Reserves

August 11, 2020

Southeast Asia
Mainland Southeast Asia's Battle Against COVID-19

With the exception of Thailand, the five countries of mainland Southeast Asia are some of the poorest in the Asia-Pacific region. According to the World Bank, Cambodia has a per capita GDP of around …

Students of Sam Khok school wearing face masks and face shields sit as they attend a flag-raising ceremony after the Thai government eased isolation measures and introduced social distancing to prevent the spread of the coronavirus disease (COVID-19), as schools nationwide reopened, at Pathum Thani province, Thailand on July 1, 2020.

August 11, 2020

Southeast Asia
What’s Behind Mainland Southeast Asia’s Surprising Success Against COVID-19

With the exception of Thailand, the five countries of mainland Southeast Asia are some of the poorest in the Asia-Pacific region. According to the World Bank, Cambodia has a per capita GDP of around …

Students wearing face masks and face shields sit as they attend a flag-raising ceremony as schools nationwide reopened, in Pathum Thani province, Thailand on July 1, 2020.

August 11, 2020

U.S. Foreign Policy
The History of U.S. Foreign Policy, With Ambassador Robert B. Zoellick

Ambassador Robert B. Zoellick, who is currently a senior fellow at the Belfer Center for Science and International Affairs at Harvard University’s Kennedy School of Government, sits down with James M…

Podcast A child waves the United States flag from the crown of Liberty Enlightening the World, less formally known as The Statue of Liberty, on Liberty Island in New York Harbor.

August 11, 2020

Afghanistan
What to Know About the Afghan Peace Negotiations

The Center for Preventive Action has compiled an accessible overview of the Afghan peace negotiations, including the U.S.-Taliban agreement, the U.S.-Afghan government joint declaration, and the ongo…

An Afghan man walks past a wall painted with a photo of U.S. Special Representative for Afghanistan Reconciliation Zalmay Khalilzad in Kabul, Afghanistan, on April 13, 2020.

August 10, 2020

Climate Change
The Case for Ecological Realism

The global environmental crisis has exposed the limitations of traditional political realism. It is time to embrace ecological realism. 

A child holds a sign that says "Children need future" at a climate change protest in Thailand.

August 10, 2020

Human Trafficking
As the Global Economy Melts Down, Human Trafficking Is Booming

Desperate families face risky job offers, dubious loans, and online predators.

The image shows a group of Nigerian women in a shelter near Moscow who survived human trafficking.