Books & Reports
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Overview The three southernmost provinces of Thailand, near the Malaysian border, have been battered by an insurgency dating, in its current iteration, to 2001. More than 6,500 people have died as…
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A history of the last four decades of U.S. trade policies and a blueprint for how to keep the United States competitive in a globalized economy.
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Overview The combined savings of China, Japan, Korea, Taiwan, and the two city-states of Hong Kong and Singapore is about 40 percent of their collective GDP, a thirty-five-year high. No other regi…
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Overview Fuel consumption subsidies threaten the fiscal and economic health of countries around the world. Economists widely agree that the subsidies, which reduce consumer prices for petroleum an…
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In this biography of Alan Greenspan, Sebastian Mallaby brilliantly explores Greenspan's life and legacy and tells the story of the making of modern finance.
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Overview The once-bipartisan consensus favoring agreements that reduce barriers to trade and investment has broken down, largely because of a decades-long failure of policy to facilitate the adjus…
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Overview Regional institutions and initiatives have proliferated in the twenty-first century. This latest wave of regional innovation raises, in new guise, a long-standing conundrum for global ord…
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A provocative look at the world's most difficult, seemingly ineradicable problems—and the surprising stories of the countries that solved them.
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In early 2016, the Federal Bureau of Investigation reportedly paid more than $1.3 million for a software flaw that allowed it to unlock an iPhone without Apple’s assistance. The purchase was possible…
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A new Council on Foreign Relations (CFR) Independent Task Force report, A Sharper Choice on North Korea: Engaging China for a Stable Northeast Asia, finds that the United States’ policy of “strategic…
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Bottom Line: At the Group of Twenty (G20) Summit in Hangzhou, China, leaders called for governments to do more to support growth, but offered little in the way of new measures. Quietly, and away from…
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Overview Last year’s launch of the Asian Infrastructure Investment Bank (AIIB)—a new multilateral development bank with fifty-seven sovereign members, among them some of the United States’ closest…
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Bottom Line: Markets have absorbed the initial economic shock from Brexit, but navigating the new landscape will remain a challenge. Two months after the vote, the politics of Brexit is producing a l…
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Overview The tax treatment of oil and gas investment in the United States has been a contentious policy issue for decades. Reform advocates argue that eliminating tax preferences for producers of …
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Bottom Line: Summer has seemingly brought a new optimism about the Russian economy. Russia’s economic downturn is coming to an end, and markets have outperformed amidst global turbulence. But the co…
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Introduction Corruption is endemic in Nigeria. It drains billions of dollars a year from Africa’s largest economy and most populous country. Systemic corruption also undermines Nigeria’s ability t…
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A substantial body of evidence confirms that investment in women and girls yields high returns for poverty eradication, economic growth, and sustainable development. However, international and nation…
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Overview As the world transitions to an increasingly digital economy, many low- and middle-income countries face an obstacle: most emerging economies lack qualified people to fill critical informa…
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Overview Global trade and the supply chains that support it are undergoing a period of profound change, including structural transformations in the cross-border flow of goods and services thanks t…
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Overview Growing geopolitical rivalries and political opposition to globalization are weakening prospects for effective multilateral cooperation. Dramatic flows of refugees and migrants—generated …
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United States Agency for International Development (USAID)
Nation-building abroad has become a neuralgic term in American politics. Opposition to nation-building abroad is one of the few things that President Barack Obama and Donald Trump can agree on. And y… -
Overview Competition between the United States and a rising China has shaped the contours of global politics, security, and economics since the beginning of the twenty-first century. However, the …
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Introduction Since 2001, the United States and its international partners have expended substantial resources to secure, stabilize, and rebuild Afghanistan. Recent developments, however, indicate …
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Overview Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden pri…