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April 17, 2024

RealEcon
Onshoring Semiconductor Production: National Security Versus Economic Efficiency

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? 

A wafer can be seen as taiwanese chip giant TSMC holds a ceremony to start mass production of its most advanced 3-nanometer chips in the southern city of Tainan, Taiwan December 29, 2022.

June 12, 2024

Economics
Global Growth Tracker: World Economies by GDP

This tracker charts the economic growth performance through time of ninety-one countries around the globe.

May 31, 2024

Israel
U.S. Aid to Israel in Four Charts

Israel has long been the leading recipient of U.S. foreign aid, including military support. That aid has come under heightened scrutiny amid Israel’s monthslong war to eliminate Hamas.

U.S. and Israeli army officers talk in front a Patriot missile defense system.

October 29, 2019

Oil and Petroleum Products
How Iran Can Hold the World Oil Market Hostage

Iran poses an acute threat to oil infrastructure across the Middle East, potentially allowing it to extort concessions from world powers.    

Workers at the damaged site of a Saudi Aramco oil facility.

June 12, 2024

Latin America
Latin America’s Big Opportunity

Over the last three decades, economic growth in Central Europe, East and Central Asia, Southeast Asia, and Sub-Saharan Africa has outpaced growth in Latin America, where most economies have actually …

An aerial view of the brine pools and processing areas of the Soquimich lithium mine on the Atacama salt flat, the largest lithium deposit currently in production, in the Atacama desert of northern Chile, January 10, 2013.

April 9, 2020

Middle East and North Africa
Russia is Losing the Oil War—and the Middle East

Moscow spent years building influence in the region—and lost it all playing hardball with Riyadh.

June 17, 2024

RealEcon
Inside Europe’s China Dilemma

The EU’s new tariffs on Chinese electric vehicles signal a more cautious approach to trade with Beijing. 

FILE PHOTO: People look at the newly unveiled Onvo L60 SUV, the first vehicle of Chinese electric vehicle (EV) maker Nio's new lower-priced brand, in Shanghai, China May 15, 2024.

May 8, 2024

RealEcon
In Economic Security, Trade-Offs Abound

Policymakers face complex cost-benefit considerations when intervening in the market to mitigate perceived risks, from climate change to competition with China.

(L-R) European Council President Charles Michel, Italy's Primer Minister Giorgia Meloni, Canada's Prime Minister Justin Trudeau, France's President Emmanuel Macron, Japan's Prime Minister Fumio Kishida, US President Joe Biden, German Chancellor Olaf Scholz, Britain's Prime Minister Rishi Sunak and European Commission President Ursula von der Leyen pose for the family photo during a visit to the Itsukushima Shrine in Miyajima Island as part of the G7 Leaders' Summit, on May 19, 2023.