Council of Councils
Think Global Health
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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April 11, 2007
Emerging Markets
It is hard for the world to diversify away from the dollar when the world’s holdings of dollars need to rise by about a trillion a year
OK, I probably should strike “world” and insert “the world’s governments” instead. It is pretty clear that central banks and oil investment funds provided the bulk of the financing the US needed in …
April 5, 2007
China
Think again (China no longer just assembles imported components)
Dated perceptions of China: Chinese banks are filled with NPLs. China runs a surplus with the US but a deficit with the rest of the world, so its trade is in rough balance.China just assembles imp…
March 28, 2014
International Organizations
You Might Have Missed: Ukraine, Rep. Mike Rogers, and Drones
Jeanne Whalen and Alan Cullison, “Ukraine Battles to Rebuild a Depleted Military,” Wall Street Journal, March 25, 2014. In recent weeks Mr. Yarema has turned to Washington and NATO for help, but wit…
November 20, 2020
Transition 2021
Transition 2021: Should Lame-Duck Presidents Make Major Foreign Policy Decisions?
Each Friday, I look at what is happening in President-Elect Joe Biden’s transition to the White House. This week: Donald Trump is using all the powers of his presidency and creating a host of problem…
March 20, 2012
Defense and Security
Lessons Learned: Tokyo Sarin Gas Attack
Technological advances increasingly mean that governments are no longer the only ones capable of inflicting mass destruction.