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November 17, 1999

Trade
Who Decides? Congress and the Debate Over Trade Policy in 1934 and 1974

Introduction Governor Adlai E. Stevenson thought trade policy was boring; he once described it as one field where the greatest need is for fresh clichés. He had a point. In the long period that th…

October 5, 2000

Financial Markets
A Financial Architecture for Middle-Class-Oriented Development

Overview In the wake of the 1997-98 financial crises in emerging economies, many prominent thinkers focused their energies on what went wrong, how it could have been prevented, and what reform mea…

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February 27, 2023

Conflict Prevention
Averting Major Power War

Although no two major powers have openly fought in over three-quarters of a century, growing tensions between the United States, China, India, and Russia threaten renewed conflict. CFR’s Paul B. Star…

August 25, 2022

West Africa
Preventing Conflict in Coastal West Africa

The Global Fragility Act allows the United States to encourage greater stability in Benin, Ghana, Guinea, Ivory Coast, and Togo over the next ten years, argues Eric Silla, though it will be contentio…

A police officer looks on protesters blocking the road in Conakry, Guinea.

March 15, 2017

Greece
Global Economics Monthly: March 2017

Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn writes that Greece and its creditors are again locked in a showdown over reforms, cash, and debt relief. Another cliff-hanger ahead of heavy July debt payments looks likely. Extend-and-pretend is a dead end for Greece and an increasingly populist Europe, and a more ambitious agreement seems ruled out by bailout fatigue in creditor countries. Markets are once again underestimating the risks of “Grexit.”