Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. The traditional distinction between the core and the periphery is becoming ...

The impact of international trade is studied in a general equilibrium model in which firms engage in oligopolistic competition and linkage effects are present. Results are derived analytically. If ...

In this paper we examine, for the first time to the best of our knowledge, the issue of convergence in Foreign Direct Investment (FDI) for a sample of countries representative of the world economy. We ...

Software systems are among the most complex of the artifacts that our species creates. In the design, use, and evolution of such systems, a dynamic tension exists between what I have come to call the ...