Carnegie Endowment for International Peace
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The success of the new U.S. investment strategy may ultimately depend on how a bill in Congress addresses these key components.
The Chinese government is dedicated to getting its electric vehicle market off the ground. But nurturing a new, globally competitive industry requires more than political will.
The Kremlin’s climate change path boils down to political will—and whether climate change is considered important enough—as well as its ability to engage in serious strategic thinking and policy preparation.
The best hope for reconciliation and democracy promotion in the Arab world comes from a focus on economic reform and other concrete issues.
Russia’s recovery from the global economic crisis has been slow, constrained by a number of economic and political structural problems. Until they are resolved, these issues will continue to hinder Russia’s development.
While the obsession with global rebalancing stokes currency and protectionist tensions, it diverts attention from what is really needed—reforms at home.
While Russia’s short-term economy will largely depend on oil prices and the country’s demographic challenges, its medium-to-long-term outlook will be influenced by the lessons that leaders take from the crisis, which will affect Russia’s economic structure and policies for many years to come.
Until the United States, China, and the EU reach consensus about the roots of the global economic crisis and coordinate recovery policy, the world economy is likely to get worse before it gets better.