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In The Globalization Myth: Why Regions Matter, CFR Vice President, Deputy Director of Studies, and Nelson and David Rockefeller Senior Fellow for Latin America Studies Shannon K. O'Neil offers a powerful case for why regionalization, not globalization, has been the biggest economic trend of the last forty years.

While the United States has been the world’s greatest champion of international cooperation, it has often resisted rules it wishes to see binding for other countries. In The Sovereignty Wars, Stewart M. Patrick defines what is at stake in the U.S. sovereignty debate. To protect U.S. sovereignty while advancing American interests, he asserts that the nation must occasionally make “sovereignty bargains” by trading its freedom of independent action in exchange for greater influence through expanded international cooperation.

In his new book, State Capitalism: How the Return of Statism is Transforming the World, Council on Foreign Relations Senior Fellow for Southeast Asia Joshua Kurlantzick analyzes the rise in state capitalism in developing nations, including China, Russia, Singapore, Thailand, Malaysia, Indonesia, Brazil, and South Africa, among other states. He defines state capitalism as situations in which governments control or exert significant influence over at least one-third of the largest corporations in a country.

Today, nations increasingly carry out geopolitical combat through economic means. Policies governing everything from trade and investment to energy and exchange rates are wielded as tools to win diplomatic allies, punish adversaries, and coerce those in between. Not so in the United States, however. America still too often reaches for the gun over the purse to advance its interests abroad. The result is a playing field sharply tilting against the United States.

In this book, CFR Senior Fellow Benn Steil and Robert E. Litan explore the efficacy of American efforts toward what they have coined "financial statecraft," or those aspects of economic statecraft directed at influencing international capital flows. Teaching notes by Dr. Steil.

In this book, Edward J. Lincoln examines economic regionalism in East Asia and its implications for U.S. policy in the region. Teaching notes by the author.

In this book, CFR Senior Fellow Peter B. Kenen and Ellen E. Meade seek to explain why governments contemplate regional monetary integration and why some country groups are more likely than others to exercise that option, and to be successful at doing so. Teaching notes by the authors.

In this book, CFR Senior Fellow Walter Russell Mead recounts how the British and their American heirs built an unrivaled global system of politics, power, investment, and trade over the past three hundred years. Teaching notes by the author.