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September 8, 2014

United States
U.S. Faces Painful Choices to Reduce Debt Burden, Warns New CFR Scorecard

The U.S. debt-to-GDP ratio has nearly grown to the Group of 7 (G7) average, a dramatic increase from 2000 when it was lower than most other G7 countries, according to a new progress report and scorec…

November 12, 2008

Economic Crises
For India, Crisis Brings Some Pain with Long-Term Opportunities

CFR Senior Fellow Adam Segal writes that India may be better positioned for a quick recovery from the global financial crisis than many other developing countries.

September 6, 2013

Budget, Debt, and Deficits
G20 to Emerging Markets: We Feel Your Pain

The G20 communique and action plan, along with loads of background documents on the G20 economic program, have been released, though it may have been easy to miss amid the avalanche of Syria news.  T…

G20

May 8, 2024

RealEcon
In Economic Security, Trade-Offs Abound

Policymakers face complex cost-benefit considerations when intervening in the market to mitigate perceived risks, from climate change to competition with China.

(L-R) European Council President Charles Michel, Italy's Primer Minister Giorgia Meloni, Canada's Prime Minister Justin Trudeau, France's President Emmanuel Macron, Japan's Prime Minister Fumio Kishida, US President Joe Biden, German Chancellor Olaf Scholz, Britain's Prime Minister Rishi Sunak and European Commission President Ursula von der Leyen pose for the family photo during a visit to the Itsukushima Shrine in Miyajima Island as part of the G7 Leaders' Summit, on May 19, 2023.

February 29, 2024

United Nations
Funding the United Nations: How Much Does the U.S. Pay?

Many UN agencies, programs, and missions receive crucial funding from the United States. The Trump administration sharply reduced funding to some UN agencies, but President Biden has largely reversed…

A child peeks out from a blue and white tent managed by the UN refugee agency.

February 23, 2024

Sanctions
Two Years of War in Ukraine: Are Sanctions Against Russia Making a Difference?

The United States and its allies have imposed broad economic penalties on Russia over its war in Ukraine. As the conflict continues, experts debate whether the sanctions are working.

July 19, 2023

United States
The Dollar: The World’s Reserve Currency

The dollar’s role as the primary reserve currency for the global economy allows the United States to borrow money more easily and impose painful financial sanctions. Other countries are beginning to …

Three $1 bills lie on top of one another, filling the frame.