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February 13, 2015

Education
Scott Walker's Risky College Experiment

Since 2000, the percent of state budgets devoted to higher education has fallen from 13 percent to 9.5 percent. This decline in funding has strained public university finances, reduced pay for many p…

Wisconsin Governor Scott Walker speaks at the Freedom Summit in Des Moines, Iowa, January 24, 2015 (Jim Young/Courtesy Reuters).

August 28, 2015

United States
Scott Walker’s Foreign Policy Speech

Gov. Scott Walker gave a major foreign policy speech today at The Citadel, and it contained some points worth noting. I’ll skip over some of the rhetoric and the criticism of Clinton and Obama, which…

September 13, 2018

Military Operations
CFR Welcomes Visiting Fellows

September 11, 2018—The Council on Foreign Relations (CFR) welcomes the 2018–19 visiting fellows to the David Rockefeller Studies Program. Selected fellows have the opportunity to broaden their perspe…

June 25, 2018

China
The Right and the Wrong Ways to Adjust the U.S.-China Trade Balance

The best way of painting a more accurate picture of the economic relationship between China and the U.S.? Add in data on U.S. exports to Hong Kong.

The Right and the Wrong Ways to Adjust the U.S.-China Trade Balance

July 16, 2015

Elections and Voting
Campaign 2016: Governor Scott Walker, GOP Presidential Candidate

Twelve Americans have become president without having earned a college degree. (Two of them are on Mount Rushmore.) Wisconsin Governor Scott Walker, who studied at Marquette University but left befor…

Wisconsin Governor Scott Walker formally announces his campaign for the 2016 Republican presidential nomination during a kickoff rally in Waukesha, Wisconsin, July 13, 2015.

March 28, 2018

China
Why Does Everyone Hate Made in China 2025?

China's grand plan to bolster hi-tech industries at home is not receiving much love abroad. There's a good reason why. 

A man walks past a billboard at 2017 China International Robot Show in Shanghai

June 9, 2017

Asia
Chinese Activists, THAAD Halt, SoftBank’s Robots, and More

Rachel Brown, Ashley Feng, Douglas Mo, and Gabriel Walker look at the top stories in Asia this week. 1. China brushes off U.S. pressure over detained activists. On May 31, New York-based NGO China…

Hua-Chunying

July 2, 2015

Europe and Eurasia
Greece Fallout: Italy and Spain Have Funded a Massive Backdoor Bailout of French Banks

In March 2010, two months before the announcement of the first Greek bailout, European banks had €134 billion worth of claims on Greece.  French banks, as shown in the right-hand figure above, had…

Greece Fallout: Italy and Spain Have Funded a Massive Backdoor Bailout of French Banks

June 24, 2015

Europe and Eurasia
A Full Greek IMF-Debt Default Would Be Four Times All Previous Defaults Combined

Since the IMF’s launch in 1946, 27 countries have had overdue financial obligations of 6 months or more.*  But the amounts involved have always been small, never exceeding SDR 1bn ($1.4bn). This …

A Full Greek IMF-Debt Default Would Be Four Times All Previous Defaults Combined

June 23, 2015

Europe and Eurasia
Greece and Its Creditors Should Do a Guns-For-Pensions Deal

IMF Chief Economist Olivier Blanchard has said that Greece needs to slash pension spending by 1% of GDP in order to reach its new budget targets.  The Greek government continues to resist, arguing…

Greece and Its Creditors Should Do a Guns-For-Pensions Deal