The European Stability Mechanism's (ESM) bank recapitalization instrument was designed to break the vicious circle tying financially weak eurozone governments to financially weak banks. It cannot, ho…

Although local communities decide where and how development occurs, the federal government pays for those decisions when disaster strikes. In the face of climate change, the federal government should…

See CFR Senior Fellow and Renewing America Director Edward Alden's accompanying blog post here. Changes in the way the world trades have increased the importance of regulation in international com…

Pakistan's leadership transitions over the course of 2013 will complicate, perhaps even disrupt, the already tenuous U.S.-Pakistan relationship. As in the past, Washington may be tempted to lend supp…

The Obama administration has accurately described outer space as increasingly "congested, contested, and competitive." Eleven countries have space launch capability and over sixty countries own and o…