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July 9, 2019

United States
A Conversation With Ash Carter

Secretary Carter discusses national security strategies in a rapidly changing world and his legacy as the twenty-fifth Secretary of Defense.   

Play Ash Carter OTR

November 15, 2019

Election 2020
Foreign Policy Roundup: The Democratic Foreign Policy Establishment Embraces Joe Biden

Each Friday, I look at what the presidential challengers are saying about foreign policy on the campaign trail.

Former Vice President Joe Biden speaks to a crowd after filing for the New Hampshire presidential primary on November 8.

October 17, 2019

Defense and Security
Funding the Nuclear Triad to Deter Great Power Adversaries

Captain Brian L. Sittlow is a naval officer, specializing in submarines, and a military fellow at the Council on Foreign Relations (CFR). The opinions expressed in this article are solely those of th…

Following a strategic deterrence patrol, the Ohio-class ballistic-missile submarine USS Alaska returns to its homeport at Naval Submarine Base Kings Bay, Georgia, U.S. in this April 2, 2019 handout photo.

October 9, 2019

Taiwan
$130+ Billion in Undisclosed Foreign Exchange Intervention by Taiwan's Central Bank

Based on the profits and losses disclosed by Taiwan’s central bank, it appears that its true FX exposures exceed its disclosed foreign exchange reserves by USD 130bn, and perhaps by as much as USD 20…

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October 11, 2019

United States
Happy 244th Birthday to the U.S. Navy!

The U.S. Navy turns 244 years-old this weekend. On October 13, 1775, the Continental Congress commissioned two ships, each with eighty sailors, “for intercepting such transports as may be laden with …

U.S. Navy

October 4, 2019

Taiwan
China-Taiwan Relations

Differences over Taiwan’s status fuel tensions between the island and mainland, yet cross-strait economic ties continue to deepen. 

Military honor guards lower the Taiwanese flag, at Liberty Square, in Taipei, Taiwan.

October 24, 2019

Japan
A Puzzle in Japan’s Balance of Payments: What Explains Strong Foreign Demand for JGBs?

Japanese investors have an obvious incentive to search for yield abroad. But why has foreign demand for Japanese bonds almost matched Japanese demand for foreign bonds?

A Puzzle in Japan’s Balance of Payments: What Explains Strong Foreign Demand for JGBs?

June 11, 2019

United States
Inside the Pentagon, With Ash Carter

Ash Carter, former U.S. defense secretary, discusses with James M. Lindsay what it’s like to run the largest institution in the United States. Carter’s book, Inside the Five-Sided Box: Lessons from a…

Podcast President Barack Obama and Defense Secretary Ash Carter at the Pentagon.

September 11, 2019

International Economic Policy
Are Asian Insurers the New European Banks?

It is hard to understand the global flow of funds without understanding the risks now being taken by Japanese, Taiwanese, and Korean life insurers.

Are Asian Insurers the New European Banks?

August 12, 2019

Sanctions
What Are Economic Sanctions?

For many policymakers, economic sanctions have become the tool of choice to respond to major geopolitical challenges such as terrorism and conflict.

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