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February 9, 2024

Global
Central Bank Currency Swaps Tracker

Introduction Since the financial crisis of 2007, central banks around the world have entered into a multitude of bilateral currency swap agreements with one another. These agreements allow a centr…

February 6, 2024

Agricultural Policy
Foreign Asset Ownership in the United States

Zongyuan Zoe Liu, the Maurice R. Greenberg fellow for China studies at CFR, discusses China’s sovereign wealth funds, investments in the United States, and considerations for policy responses to fore…

Play sold sign

January 29, 2024

Technology and Innovation
Arthur Ross Book Award: "Chip War: The Fight for the World’s Most Critical Technology"

Gideon Rose celebrates the winners of this year’s Arthur Ross Book Award: Chris Miller, Susan L. Shirk, and Daniel Treisman. The program includes an award ceremony with each winner, and a discussi…

Play Hand wearing gloves holding a yellow semiconductor chip

January 29, 2024

Sub-Saharan Africa
The Cult of Dirigisme

Despite repeated failure, faith in closely controlled economies among Africa’s political elites remains strong.

Pictured is an aerial view of a coal-fired power station in South Africa.

January 29, 2024

Philippines
Marcos Jr. Moves the Philippines Dramatically Closer to the United States

Unlike other Southeast Asian leaders, President Marcos Jr. has chosen to explicitly align the Philippines with the United States and confront China more directly.

Philippine President Marcos wears a white button-down shirt while he walks past white colonnades with U.S. President Biden, who wears a blue suit.

January 24, 2024

Israel
A Conversation With U.S. Special Envoy to Monitor and Combat Antisemitism Deborah Lipstadt

Historian and now U.S. Ambassador Deborah Lipstadt discusses the increase in antisemitic incidents and rhetoric following the October 7, 2023 attack on Israel, contemporary sources of antisemitism, a…

Play Deborah Lipstadt dressed in black at the 11th Rome Film Festival red carpet.

January 23, 2024

United States
CFR Fellows' Book Launch Series: The World That Wasn't: Henry Wallace and the Fate of the American Century by Benn Steil

Henry Wallace is the most important, and certainly the most fascinating, almost-president in American history. As FDR’s third-term vice president, and a hero to many progressives, he lost his place o…

Play Henry Wallace standing in front of a plane waving his hat in the air as he arrives at London Airport.

January 22, 2024

Trade
The Curse of Nostalgia: Industrial Policy in the United States

A critical look at the past and present of industrial policy shows that its recent popularity is not only misguided, but is likely to have negative economic and geopolitical consequences for the Unit…

President Joe Biden signs the Inflation Reduction Act in the State Dining Room of the White House in Washington on August 16, 2022.

January 18, 2024

Technology and Innovation
Don’t Let AI Become the Newest Digital Divide

AI will bring major breakthroughs in areas like education and medicine. However, lack of internet access could prevent many people from benefitting from these innovations.

10-year-old Fiammetta attends her online lessons surrounded by her shepherd father's herd of goats in the mountains, while schools are closed due to coronavirus disease (COVID-19) restrictions, in Caldes, Italy.

January 17, 2024

Taiwan
China Responds to Taiwan’s Presidential Election: Is Beijing Biding Its Time?

China’s initial response to William Lai’s victory in Taiwan’s presidential election was relatively restrained but it will likely exert more pressure on Taiwan in the coming months. 

Taiwan President-elect William Lai waves to supporters at a rally following his victory in the presidential election, in Taipei, Taiwan.