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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
Reimagining American Economic Leadership
Getting Economic Security Right
National security policymakers are understandably worried about economic risks, but they shouldn’t lose sight of other national interests.
Trade Offs
A regular series on the choices faced by international economic policymakers
The U.S. relies on multilateral institutions like the World Bank to support its foreign policy goals, but the need to compromise with other shareholders can undermine success.
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
The Truth About Africa's "Debt Crisis"
Blog Post by Ebenezer Obadare
Mobilizing Clean Energy Financing through the Multilateral Development Banks
Blog Post by Brad W. Setser, Tess Turner and Michael Weilandt
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
Economic Security
China’s Double Threat to Europe
Article by Liana Fix and Heidi Crebo-Rediker
The Limits of the China Chip Ban
Article by Hanna Dohmen, Jacob Feldgoise, and Charles Kupchan
U.S.-China Economic Relations With Jay Shambaugh
Event with Jay C. Shambaugh, Matthew P. Goodman, and Rush Doshi
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China’s Imaginary Trade Data
China has a new way of calculating its good surplus in its formal balance of payments data. It is a deeply misleading. It also explains the apparent fall in the current account account surplus.
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The U.S. Supreme Court’s Chevron Deference Ruling Will Disrupt Climate Policy
The Supreme Court’s recent ruling to limit federal agencies’ power to interpret laws will have major implications for U.S. climate and environmental policies.
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China’s Real Economic Crisis
Western leaders and policymakers would do well to understand the deeper forces driving China’s overcapacity and make sure that their own policies are not making it worse.
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National security policymakers are understandably worried about economic risks, but they shouldn’t lose sight of other national interests.
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Greenberg Center for Geoeconomic Studies
Aging is not only shrinking the labor force but damaging productivity—and therefore per capita GDP growth. -
The IMF should take a mulligan on the 2024 External Sector Report. The imbalance in China’s goods trade is expanding, not receding. It is too big for the IMF to ignore.
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On the latest leg of its listening tour, RealEcon walks through the transformation of industrial cities in the Northeast.
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The U.S. relies on multilateral institutions like the World Bank to support its foreign policy goals, but the need to compromise with other shareholders can undermine success.
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U.S. trade policy can still solve problems but requires new approaches that engage with current realities rather than wishful thinking, says former chief of staff to the U.S. trade representative.
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Many big technology firms continue to book large offshore profits in low tax jurisdictions, particularly Ireland and Singapore.
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The United States has long relied on tax-and-transfer programs to address the problem of inequality, but these have failed signally to mitigate growing societal polarization. A new approach to economic policy is necessary—encompassing areas as far afield as labor markets, trade, and capital flows—that shifts the emphasis toward reducing the sources of inequality resulting from the operation of the market.
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“We should look back on 1944 with a great sense of awe and responsibility” for what could have gone very differently with American history and the Cold War, says Senior Fellow Benn Steil.
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The Tax Cuts and Jobs Act (TCJA) has substantially reduced the domestic tax paid by American pharmaceutical giants.
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One factor boosting the case for an early Fed rate cut is the rise in the labor force participation rate—a rise driven by immigration.
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Rather than reducing the risk of future debt trouble, Sri Lanka’s macro-linked bonds set up the risk that Sri Lanka will fall back into debt trouble in 2029 or 2030.