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April 2, 2024

United States
RealEcon Launch: Reimagining American Economic Leadership

With RealEcon, CFR is creating an initiative to study and debate the role of the United States in the international economy. The launch event of this multiyear, multifaceted initiative will explore w…

Play CFR President Michael Froman in conversation with columnist Gillian Tett and Canada’s Ambassador to the United States Kristen Hillman

November 29, 2023

Economics
How the U.S. and EU Could Harmonize Their Approaches to Trade in EVs and Steel

Despite sharing broadly similar policy goals, the U.S. and EU are currently struggling to find common approaches to trade in green goods. New ideas are needed.

How the U.S. and EU Could Harmonize Their Approaches to Trade in EVs and Steel

October 3, 2023

China
China Isn't Shifting Away From the Dollar or Dollar Bonds

China's reserves has shifted its dollar reserves from Treasuries to Agencies, and made increased use of offshore custodians. The available evidence suggests that it still holds about 50 percent of it…

U.S. Portfolio vs. China's Reserves and Other Foreign Assets

November 16, 2023

Argentina
Argentina Election Draws Wider Attention to Embattled Economy

The country’s massive economic problems will be a vexing challenge for whoever becomes president.

People line up in front a butcher shop next to signs showing meat prices.

November 21, 2023

China
China's Current Account Surplus Is Likely Much Bigger Than Reported

The IMF needs to focus on China’s external account in its surveillance. The reported current account surplus appears to be significantly too low.

China's Current Account Surplus Is Likely Much Bigger Than Reported

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 24, 2023

Economics
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 Traders work on the floor during the opening bell of the New York Stock Exchange in New York City.

July 23, 2012

Sub-Saharan Africa
Guest Post: South Sudan’s Poisonous Corruption

Andrew C. Miller is a research associate at the Council on Foreign Relation’s Center for Preventive Action. He can be found on Twitter @andrewmiller802. South Sudan just celebrated its first birthd…

A woman holds her child in a cave in Bram village in the Nuba Mountains, South Kordofan, April 28, 2012.