November 20, 2019Sri Lanka
Sri Lankans went to the polls November 16 to elect a president, and former Secretary of Defense Gotabaya Rajapaksa was declared the winner on November 17. Sri Lanka faces significant national securit…
November 5, 2019Uganda
Uganda is heading toward a debt crisis. According to a senior official at the Bank of Uganda, unless the country is able to sustain a growth rate of at least 7 percent—which economic projections show Uganda will not do—the country will default on its payments. As is the case for many African countries, China is Uganda’s largest creditor, making up 39 percent of total debt this past fiscal year. If Uganda defaults, it is unclear how China will react.
August 6, 2019United States
The “law of one price” holds that identical goods should trade for the same price in an efficient market. But how well does it actually hold internationally? The Economist magazine’s Big Mac Index us…
May 29, 2019Nigeria
Nigeria, the “Giant of Africa,” has a long history of diplomatic leadership. It was one of the founders of the African Union and of the Economic Community of West African States. It regularly occupie…
May 1, 2019Nigeria
An article from Fox News recently called attention to the killing of Christians in Nigeria by comparing it to the deadly Easter Sunday suicide bombings of churches and hotels in Sri Lanka. According to the article, the attacks “highlight the dangers that remain from asymmetric terrorism and violence against Christians in ethnically and religiously divided societies.” However, linking these tragedies to each other and to a perceived global trend of violence against Christians mischaracterizes the nature of the conflict in Nigeria.
September 18, 2015Iraq
CFR’s Civil Society, Markets, and Democracy (CSMD) Program highlights noteworthy events and articles each Friday in “This Week in Markets and Democracy.” Sri Lanka and Tunisia Struggle with Accou…
March 26, 2019South Korea
Washington should not doubt that Seoul will be a strong partner for the Indo-Pacific strategy.