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The initiative’s initial focus is on three areas of international economic policy: trade and investment, development, and economic security. Through research projects, convenings, publications, and outreach to policymakers, experts, and the public, RealEcon aims to promote a durable new consensus on American economic leadership.

Nathan Howard/Reuters

By Benn Steil

Far from being evidence of Donald Trump’s policy schizophrenia, recent developments reflect an administration-wide effort to restore the international order that prevailed before World War I, when America was more restrained in its global ambitions and more secure in its neighborhood. But the costs of such a shift could be profound. Originally published at Project Syndicate

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A regular series on the choices faced by international economic policymakers.

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