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January 1, 1996

Economic Crises
Lessons of the Mexican Peso Crisis

What the United States and the international community have done for Mexico is unique. No other country, with the exception of Canada, could muster such support from the U.S.government. The Mexican p…

January 4, 1996

Nonproliferation, Arms Control, and Disarmament
Arms Control and the U.S.-Russian Relationship

Five years after the collapse of the Soviet Union, the United States and Russia stand at a crossroads on arms control. Many of the arms control regimes established by Republican and Democratic admini…

January 1, 1997

Nonproliferation, Arms Control, and Disarmament
A New U.S. Policy Toward India and Pakistan

ACKNOWLEDGMENTS The chairman and director of the Task Force would like to acknowledge Michael Dunn for his assistance in organizing this project; Mary Richards for her administrative help throughout…

September 16, 1998

Trade
Sanctions Against Rogue States: Do They Work?

(May 22, 1998) - The Council on Foreign Relations’ Great Debate on Sanctions Against Rogue States will air on UCSD-TV, a non-commercial television station broadcasting from the La Jolla campus of th…

February 1, 1999

Europe and Eurasia
The Future of Transatlantic Relations

Notable opportunities exist for the U.S.-European relationship to help mold the twenty-first century’s international system. Despite the absence of the Soviet threat, the two sides of the Atlantic co…

October 7, 1999

Trade
The Diminishing Returns to Export-Led Growth

Overview In the 1970s and 1980s, there was a tremendous sea-change in development policy thinking, among both academic economists and policymakers. The inward-oriented, import-substitution strateg…

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October 28, 1999

Financial Markets
The American Stock Market as a Financial Risk

Overview Developed nation policymakers will not likely have to deal with a US stock market decline that precipitates a global downturn. Most likely, guided by active, informed markets and sound go…

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…

February 17, 2000

Asia
The Perils of Being No.1

Overview The cumulative impact of U.S. global and regional policies and behavior, a broad regional trend of emerging, multi-faceted national self-assertiveness, and regional economic dynamics add …

April 1, 2000

China
China, Nuclear Weapons, and Arms Control

Few challenges loom as large on the U.S. foreign policy agenda as the effective management of relations with the People's Republic of China (PRC). This is a perennial challenge, given China's central…

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