Growth in emerging economies has slowed from torrid post-crisis rates, but remains high and will likely mitigate—but not fully compensate for—a sharp slowdown in advanced countries.
The first meeting of the new multi-country Clean Energy Ministerial offered several initiatives that have the potential to salvage the global energy debate and achieve lasting change in the reduction of energy usage.
Given Moldova’s economic potential and political openness, the United States, the European Union, and Russia can play a significant role in aiding Moldova on the path to EU membership and helping to transform the country into a prosperous pluralistic democratic state.
As China’s largest trading partner, the European Union can play an important role in ensuring that competing interests don’t exacerbate tensions—instead, shared interests should strengthen Europe’s relations with China.
In order to avoid deep economic imbalances, China will have to abandon its current development model and raise wages, interest rates, and the value of its currency.
The Obama administrations sustained diplomatic outreach to Asia helps counter China’s increasing influence in the region at a time of economic weakness for the United States while keeping it engaged with Beijing.
The Russian wildfires provide an opportunity for the country's leadership to increase domestic awareness about their new commitments to combating climate change while helping move international agreements forward.
The impending release of the findings of the Special Tribunal for Lebanon and Hezbollah’s allegation of Israeli involvement in the 2005 assassination of Rafic Hariri threaten to ignite a political crisis and deepen sectarian fissures in Lebanon.
Private demand is not yet strong enough in advanced countries to compensate for the drag to come from fiscal stimulus withdrawal. Large countries that can afford to delay the withdrawal should do so.
The Hague ruling on Kosovo's independence indirectly strengthens the position of other self-proclaimed states—from Abkhazia and South Ossetia, to Nagorno-Karabakh and North Cyprus. However, legal rulings do not negate the need to find a political solution.
As the political stalemate in Iraq continues to drag on, the major parties and politicians continue to attempt to wrangle the greatest amount of power for themselves even as they continue to break constitutionally mandated deadlines.
The recent flotilla incident involving Turkey and Israel marked the culmination of a significant shift in Turkish foreign policy, one in which Turkey emerged as an assertive regional actor.
As international integration deepens and the global trading system becomes increasingly more complex, the WTO can take important steps to not only promote trade liberalization, but also to reaffirm its role as the ultimate regulator of global trade.
While the G20 is right to concentrate on short-term macroeconomic policy for now, its rhetoric must shift to better reflect reality, and more attention needs to be paid to structural reforms.
The international community’s understandable admiration for Palestinian Prime Minister Salam Fayyad and his efforts to rebuild the West Bank obscures a dangerous regression in democracy and human rights.
Turkey is emerging strongly from the Great Recession, but the Euro area crisis, a soaring current account deficit, and domestic political uncertainty threaten the economy.
Russia needs Europe’s technological resources to maintain its current economic and political system. Europe, however, wants its investment in Russia to lead to long-term institutional reform in Moscow.
Moscow’s unwillingness to trust market forces and continued insistence on top-down economic policies undermines any attempt at a true economic partnership with Europe.
The need for a strong relationship between Moscow and Brussels is clear, but Europe faces administrative and political barriers to a common policy on Russia and Russia remains unwilling to undertake the reforms that would make it more compatible with the EU.
Changing market conditions, increasing costs of production, and a new commitment to efficiency have given Russia an opportunity to increase its collaboration with Europe on issues of energy security.