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May 13, 2019

Global Governance
How the Paris Agreement Model Could Help Ward Off the Next Mass Extinction

Biodiversity is declining faster than at any time in human history. A bankrupt biosphere, however, is not yet destiny. To reverse course, nations must take a page from the Paris Agreement on climate …

A boy carries a dog as he stands after a Peruvian police operation to destroy illegal gold mining camps in the southern Amazon region of Madre de Dios on July 14, 2015.

November 13, 2019

United States
A Big Borrower and a Giant Corporate Tax Dodge? How Best to Describe the U.S. External Balance Sheet

Most grandiose explanations for the United States' persistent surplus in the income balance of the U.S. current account miss the mark. The U.S. debt position tracks the sum of past current account de…

A Big Borrower and a Giant Corporate Tax Dodge? How Best to Describe the U.S. External Balance Sheet

November 1, 2019

International Organizations
The IMF: The World’s Controversial Financial Firefighter

The International Monetary Fund, both criticized and lauded for its efforts to promote financial stability, continues to find itself at the forefront of global economic crisis management.

IMF Governors' meeting

October 24, 2019

United States
Election 2020: Mark Sanford, Republican Presidential Candidate

Donald Trump’s approval rating among Republican voters hovers around 90 percent. Numbers that high normally mean no primary challenge. But the Trump presidency has been anything but normal. Former So…

Mark Sanford

October 18, 2019

U.S. Foreign Policy
Foreign Policy Roundup: The Democratic Debate, Trade Policy, and the Iran Nuclear Deal

Each week, I look at what the presidential candidates are saying about foreign policy on the campaign trail. 

Democratic presidential candidate Senator Bernie Sanders, former Vice President Joe Biden and Senator Elizabeth Warren debate during the fourth U.S. Democratic presidential candidates 2020 election debate in Westerville, Ohio, U.S., October 15, 2019. REUTERS/Shannon Stapleton

September 10, 2013

Europe and Eurasia
The Battle of Bretton Woods

Teaching Notes on The Battle of Bretton Woods by CFR Senior Fellow Benn Steil.

The-Battle-of-Bretton-Woods.jpg

September 20, 2019

Global Governance
Five Centuries after Magellan, Globalization Needs to Grow Up—and Fast

On this anniversary of Magellan's first expedition to circumnavigate the globe, we should reflect on the trajectory globalization has taken—and adopt a more cosmopolitan approach to life on our shrin…

17th Century Map

June 30, 2014

Global
Bretton Woods Lessons

The 1944 Bretton Woods conference ensured a leading role for Washington in the global financial system but also contributed to present-day problems that will be difficult to fix, says CFR’s Benn Stei…

September 4, 2014

China
Notable Quotables From THE BATTLE OF BRETTON WOODS

“The various currencies, which were all maintained on a stable basis in relation to gold and to one another, facilitated the easy flow of capital and of trade to an extent the full value of which …

Notable Quotables From THE BATTLE OF BRETTON WOODS

August 14, 2019

Conflict Prevention
How to Win Friends and Avoid Forever Wars

Major powers need to provide less support for proxy forces and place more emphasis on conflict resolution.

A man rides on a bike past rubble in Ein Terma, a district of eastern Ghouta, Syria.