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June 1, 2023

Economics
Using an SDR Bond Creatively to Boost Concessional and Climate Finance

Combining an SDR with budget funding is the most efficient way to stretch budgeted dollars (and euros) and increased the global supply of concessional financing. 

A worker walks between solar panels at Centragrid power plant in Nyabira, Zimbabwe.

June 27, 2023

China
CFR Fellows' Book Launch Series: Sovereign Funds: How the Communist Party of China Finances Its Global Ambitions by Zongyuan Zoe Liu

One of the keys to China’s global rise has been its strategy of deploying sovereign wealth on behalf of state power. Since President Xi Jinping took office in 2013, China has doubled down on financia…

Play Tanzanian women holding red Chinese flags at Dar es Salaam.

March 19, 2024

Hong Kong
Hong Kong’s Freedoms: What China Promised and How It’s Cracking Down

Beijing has tightened its grip on Hong Kong in recent years, dimming hopes that the financial center will ever become a full democracy.

Hong Kong police force a man's arms behind his back, as an officer stands close to the camera, in Hong Kong.

August 7, 2023

Sub-Saharan Africa
Africa’s Multiple Security Crises

Across the continent, ill-conceived security arrangements are having unintended consequences 

In green military fatigues, junta member Mohamed Toumba attends a demonstration of coup supporters in Niamey, Niger on August 6, 2023.

February 5, 2024

Argentina
Argentina’s Struggle for Stability

Argentina has struggled with political dysfunction and financial crises for decades. What could firebrand President Javier Milei mean for Argentina’s economy and role in the world?

A supporter holds up a $100 bill sign of then President-Elect Javier Milei in December 2023.

November 30, 2022

Economics
The New Geopolitics of Global Finance

The global balance of payments only adds up if the G-7's geopolitical rivals are also its bankers.

The New Geopolitics of Global Finance