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March 15, 2019

China
The Fall in China's Current Account Surplus Was Not Replicated Across Asia

China's surplus is down relative to its pre-global crisis level, both in dollar terms and as a percent of China's own GDP.    The same cannot be said of China's neighbors.   East and Southeast Asia a…

The Fall in China's Current Account Surplus Was Not Replicated Across Asia

March 14, 2019

China
China’s Still-Too-High Savings Makes China 2025 a Bigger Global Risk

How the fragile macro-economic base of China’s external adjustment could intersect with China 2025 and generate a new "China" shock.

China’s Still-Too-High Savings Makes China 2025 a Bigger Global Risk

March 15, 2019

North Korea
Picking Up the Pieces After Hanoi

It is time to put denuclearization on the back burner and adopt realistic approaches toward North Korea. An all-or-nothing approach will yield nothing, leaving the United States worse off than before…

North Korean leader Kim Jong-un at the presidential palace in Hanoi, Vietnam.

March 14, 2019

South Sudan
How Oil Companies Help Fund Violence in South Sudan

On February 20, the UN Commission on Human Rights in South Sudan issued its third report. Despite the peace deal signed five months ago, it documented an increase in cases of rape and sexual violence over the past year, concluding that the crimes had “become quite normalized” in South Sudan. Driving much of this is oil. 

South-Sudan-Soldier-Unity-Oil-Fields-Security

March 12, 2019

United States
Inequality and Tax Rates: A Global Comparison

With economic inequality at an all-time high, some U.S. presidential candidates are proposing dramatic shifts to the U.S. tax code. How have similar plans worked elsewhere in the world?

IRS

March 13, 2019

Syrian Civil War
Clashing Realities in Syria

400 American troops can't accomplish anything. 

U.S. President Donald Trump, with first lady Melania Trump, delivers remarks to U.S. troops in an unannounced visit to Al Asad Air Base, Iraq, December 26, 2018.

March 13, 2019

Military Operations
400 American Troops Can’t Do Anything

If the president wants to withdraw from Syria, he might as well just withdraw.

U.S. President Donald Trump, with first lady Melania Trump, delivers remarks to U.S. troops in an unannounced visit to Al Asad Air Base, Iraq, December 26, 2018.

March 11, 2019

India
A Matter of Particular Concern: India’s Transition From Biomass Burning

Aaron Steinberg is an interdepartmental program assistant at the Council on Foreign Relations in New York.  On Sunday, the Indian Election Commission released the much anticipated polling dates fo…

A villager makes cow dung cakes used as cooking fuel at Maloya village on the outskirts of the northern Indian city of Chandigarh January 31, 2011.

March 8, 2019

Nigeria
Nigeria's Laws Hold Women Back, and the Economy Suffers

According to the CFR Women and Foreign Policy Program’s new digital report, Growing Economies Through Gender Parity, Nigeria's GDP could grow by 23 percent—or $229 billion—by 2025 if women participated in the economy to the same extent as men. As President Buhari and Vice President Osinbajo begin to think about how to improve the economy over their second term, eliminating legal barriers to women’s economic participation is a good place to start.

Nigeria-Women-Work-Factory-Lagos

March 8, 2019

United States
The U.S. Trade Deficit: How Much Does It Matter?

President Trump has made reducing the U.S. trade deficit a priority, blaming trade deals like NAFTA, but economists disagree over how policymakers should respond.

Chinese steel factory