Books & Reports
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Bottom Line: Economists are sharply divided on the question of how much slack exists in U.S. labor markets. The answer matters a great deal. It informs how the Federal Reserve should act and what Fed…
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Bottom Line: A truce has been declared in our long-lasting fiscal wars, reducing market uncertainty while deferring the long-term entitlement and revenue debate. But Congress still matters for econom…
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Overview The United States ran historically large trade deficits during the 2000s and accumulated large debts to both official and private foreign lenders. This development has raised doubts in ma…
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Overview When discourse on global affairs refers to the international community, it often refers to different groupings of international actors. In this International Institutions and Global Gover…
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After a year in which U.S. policy dominated the headlines, 2014 should have a more international flavor. Though not predictions, here are five economic themes that could make policymaker's lives diff…
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View the accompanying online interactive: CPA's Global Conflict Tracker Spillover from Syria's civil war and violence in Afghanistan as coalition forces draw down are among next year's top conflic…
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Bottom Line: Abenomics had an impressive start, but the structural reform agenda has bogged down, raising questions about whether macro policies alone can float the Japanese economy. Against the back…
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Bottom Line: The October U.S. budget agreement provides a short respite, with a new spending showdown likely in January. Although the debt limit extension may last until the summer, the costs of our …
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Introduction U.S. policymakers have been concerned about the country's dependence on imported energy since World War II. Those concerns were highlighted in the 1970s when episodes of sharply risin…
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Overview In the past, conventional militaries were plagued by wartime oil shortages that severely undermined their battlefield effectiveness. But could oil shortages threaten military effectivenes…
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Bottom Line: In the face of uncertain capital flows, an international network of swap lines would help to ensure adequate liquidity and act as a significant enhancement of the global financial safety…
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Bottom Line: There's a strong consensus that this fall's fiscal showdown will result in a compromise agreement, but a deal may be harder to get than markets anticipate. Have pity on the U.S. fisca…
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How does the current recovery, which, according to the National Bureau of Economic Research, officially started in June 2009, compare to those of the past? The following charts provide a series of an…
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Bottom Line: Growth is slowing in China, which could constrain the pace of rebalancing and policy reform. China's long-term growth could disappoint markets. If you are an English football fan, you…
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Overview There has never been greater urgency for expanding and improving U.S. workforce training programs. To an unprecedented extent, employers now need and expect applicants with "middle skills…
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Overview Rooted in the country's long struggle for autonomy and democracy, South Korea's robust civil society has long been credited with allowing and encouraging ordinary citizens to involve them…
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Public Health Threats and Pandemics
Overview Gigi Gronvall examines the controversy surrounding the publication of two H5N1 flu–transmission studies as a case study to illuminate why dual-use research of concern is not just a proble… -
Bottom Line: Recognizing that the recent debt restructuring was insufficient to restore Greece's creditworthiness, the IMF will likely toughen conditions for lending to countries with unsustainable d…
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Introduction Nuclear power has been an important, if understated, aspect of South Korea's National Strategy for Green Growth, a set of policies reflecting the idea that economic growth and environ…
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This page is part of the Global Governance Monitor. Scope of the Challenge Over the past two decades, as the world economy has globalized, so has its illicit counterpart. The global impact of t…
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Overview In this Energy Brief, Blake Clayton and Adam Segal argue that cyber threats to oil and gas suppliers pose an increasingly challenging problem for U.S. national security and economic compe…
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This page is part of the Global Governance Monitor. Scope of the Challenge Climate change is one of the most significant threats facing the world today. According to the American Meteorological…
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This page is part of the multimedia Global Governance Monitor. Scope of the Challenge Oceans are the source of life on earth. They shape the climate, feed the world, and cleanse the air we brea…
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This page is part of the multimedia Global Governance Monitor. Scope of the Challenge Despite medical advances and improvements in sanitation, water supply, nutrition, housing, and education, p…