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March 6, 2024

Brazil
Brazil and the World

Brazil plays a pivotal role on the global stage as a top ten economy, a leading democracy, and the dominant steward of the Amazon. A founding member of the BRICS, the country holds the 2024 G20 presi…

A view of the 'Christ the Redeemer' statue atop Corcovado Mountain in Rio de Janeiro

February 28, 2024

Trade
World Economic Update

The World Economic Update highlights the quarter’s most important and emerging trends. Discussions cover changes in the global marketplace with special emphasis on current economic events and their i…

Play A worker sits as a crane unloads containers from a ship

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…

March 4, 2024

United States
A Self-Absorbed America Means Disorder for the World

The dam holding back chaos in U.S. foreign policy is cracking.

Supporters of Republican presidential candidate and former U.S. President Donald Trump gather on the street with Trump flags, ahead of Super Tuesday, in Huntington Beach, California, U.S.

January 22, 2024

Economics
An SDR-Linked Bond Can Strengthen the Finances of the World Bank Group

SDR-denominated bonds have the potential to significantly strengthen the balance sheet of both the IBRD (The World Bank) and IDA, freeing up cash and helping both institutions deliver on their mandat…

An SDR-Linked Bond Can Strengthen the Finances of the World Bank Group

October 12, 2023

International Organizations
The World Bank Group’s Role in Global Development

Since its founding in 1944, the World Bank has evolved from a lender focused on European reconstruction to the preeminent international institution for economic development and poverty reduction.

A woman reads in front of a chalkboard in an outdoor classroom in Niger.

February 1, 2024

United States
Transatlantic Divergence of Economic Outlooks – Implications for Central Bank Policies

Germans and Americans are pessimistic about their economies. While the European Central Bank and Federal Reserve remain committed to fighting inflation, the ECB faces a much tougher task.

Jay Powell

October 31, 2023

Latin America
What Does the Inter-American Development Bank Do?

The Inter-American Development Bank aims to bolster economic and social development in Latin America and the Caribbean, but critics say reforms are needed.

A sign promotes the IDB Board of Governors meeting in Panama City, Panama, in March 2023.

February 13, 2024

Health Policy and Initiatives
Virtual Roundtable: What a World Without Chevron Means for U.S. Health

In January, the U.S. Supreme Court debated whether to overturn Chevron v. Natural Resources Defense Council—one of the most cited U.S. cases of all time, which established the principle that the cour…

Play Red velvet drapes hang at the back of the courtroom at the U.S. Supreme Court building in Washington, U.S. June 20, 2016

October 11, 2023

Morocco
Virtual Media Briefing: The World Bank and IMF 2023 Annual Meetings

CFR experts discuss the 2023 Annual Meetings of the World Bank Group and the International Monetary Fund, taking place this week in Marrakech, Morocco. GOODMAN: My name is Matthew Goodman. I recen…

Play U.S. Treasury Secretary Janet Yellen and Morocco Finance Minister Nadia Fettah Alaoui