In his major work, The Origins of Political Order, Francis Fukuyama’s poses what he sees as the central question of political evolution: Why did all countries not develop into Denmark? The Danish ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. This post is co-written by Ben Armstrong and Varun Sivaram. Ben is a Ph.D.

For the second time this year, the Danish government has done a remarkable thing: It has shut down a failed bank—and imposed losses on the bank's senior creditors in the process. Fjordbank Mors, a ...

Trump’s envoys have pushed a plan in which the US would offer security guarantees to Ukraine, but Kyiv will likely be expected to surrender some territory, a prospect resented by many Ukrainians. In ...