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International efforts, such as the Paris Agreement, aim to reduce greenhouse gas emissions. But experts say countries aren’t doing enough to limit dangerous global warming.
Reimagining American Economic Leadership
Why Progressives Should Embrace Trade and Globalization
Progressive values shaped the postwar international economic system that has procured the benefits of globalization and trade. Will U.S. policymakers remember?
Trade Offs
A regular series on the choices faced by international economic policymakers
Global risks–including Chinese overcapacity–have increased, but government intervention should seek to minimize trade-offs.
Featured Analysis From RealEcon
Exploring three key areas of international economic policy: trade and investment, development, and economic security, i.e., technology controls, supply-chain-resilience measures, and other policies to reduce risk to the economy or national security
Trade and Investment
Development
In-Person DC Roundtable: Falling Global Fertility and Its Implications for Climate Change, Political Stability, and Economies
Event by Thomas J. Bollyky, Ann Norris, and Christopher J. Murray
Geopolitics in the Indo-Pacific: An ADB Perspective
Article by Christopher Shim
Brazil Should Use G20 Momentum to Join the OECD
Article by Heidi Crebo-Rediker
Economic Security
Supporting American Small Businesses Against Foreign Threats
Article by Tara Donohue Bartels and Tarah Wheeler
Virtual Media Briefing: U.S. Tariffs on Chinese Imports
Media Briefing by Matthew P. Goodman, Brad W. Setser, and Zongyuan Zoe Liu
Baltimore Bridge Collapse Tests U.S. Supply Chains
Expert Brief by Zongyuan Zoe Liu
More From RealEcon
RealEcon Launched
RealEcon is a CFR initiative to assess the role of the United States in the international economy, analyze what is at stake for the American people, and identify the trade-offs in different policy approaches.
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The Farm Legacy of Henry Wallace: Regressive Subsidies
Henry A. Wallace, the subject of Benn’s recent political biography, was FDR’s agriculture secretary during his first two terms, from 1933-1940. This period marked an enormous expansion of the department, the government’s largest, with staffing soaring from 40,000 to 146,000. Government payments to farmers over these years totaled, in current dollars, an eye-popping $1.2 trillion. Read more.
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For the First Time, the U.S. Is Spending More on Debt Interest than Defense
The Fed’s new “higher for longer” rate stance spotlights a looming problem for the U.S. economy: the growth of the federal debt.
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Power and Financial Interdependence
My new paper for the Geoeconomics and Geofinance Initiative of the Institute Français des Relations Internationals’ (IFRI) explores the history of the Sino-American financial relationship.
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Outright seizure of the Russian Central Bank’s hundreds of billions in frozen assets is currently off the table, but it is still possible to obtain large sums for Ukraine from the interest income on these assets.
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Small businesses are critical to U.S. national security. They’re also increasingly targeted by foreign cyberattacks. The federal government can do more to protect them.
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Progressive values shaped the postwar international economic system that has procured the benefits of globalization and trade. Will U.S. policymakers remember?
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As a potential U.S. Treasury secretary, Robert Lighthizer has more than trade policy to revolutionize.
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Global risks–including Chinese overcapacity–have increased, but government intervention should seek to minimize trade-offs.
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The Federal Reserve’s dual mandate of price stability and maximum employment presents trade-offs as the Fed grapples with the next move of interest rates.
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From ginseng farms to food-processing facilities, Wisconsin businesses shine light on how trade policy and foreign investment impact rural America.
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Policymakers face complex cost-benefit considerations when intervening in the market to mitigate perceived risks, from climate change to competition with China.
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As part of the CFR RealEcon Roundtable Series, Scott Morris, vice president of the Asian Development Bank (ADB), explained how the ADB supports countries in the Indo-Pacific region amid shifting geopolitics.
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The World Bank and IMF have concluded their spring meetings, but questions remain on China, lending capacity, and balancing the interests of rich and poor countries.
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The response to the temporary closure of the Port of Baltimore—from a deadly tanker collision—demonstrates the resilience of U.S. supply chains despite fears of costly disruptions.
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Policymakers are increasingly concerned by the U.S.’s dependence on Taiwanese semiconductors. Is onshoring their production to the U.S.—a goal of the CHIPS and Science Act—a practical path forward?