Books & Reports
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Overview Recurrent and emerging armed conflicts, expanded terrorist and extremist networks, increased targeting of civilians, and record levels of mass displacement have defined global security in…
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Overview The growing rivalry between Saudi Arabia and Iran—and by extension, their allies and proxy forces in the region—will likely shape the Middle East for many years, and possibly even decades…
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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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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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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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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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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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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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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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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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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…
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Overview Globalization has intensified the need for global cooperation, but the current global order is fraying. New forms of competition—for example, Russia in Ukraine and China in the South Chin…
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Overview China's leadership of the Group of Twenty (G20) in 2016 comes at a moment when the role of the G20 itself is being challenged by disappointingly slow global growth and a trend toward regi…
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Introduction The flow of data across international borders creates jurisdictional challenges, as the data itself and the person generating it may be subject to different countries’ laws. Internati…
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Overview South Asia is in the midst of a geopolitical transformation wrought by several simultaneous developments: China's rise, both economically and militarily, and its efforts to increase its c…
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Bottom Line: The crisis in Venezuela continues to escalate, with no recovery or relief in sight. A messy and chaotic default looms, and the rescue will likely involve a tough adjustment program, larg…