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August 16, 2023

United States
Does Fitch’s Downgrade of U.S. Debt Really Matter?

The ratings agency’s decision will have no consequences for the U.S. dollar’s global role, but it highlights the country’s darkening fiscal outlook and governance challenges.

A woman walks past a currency exchange office in Moscow.

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.

March 25, 2024

India
The Indian Giant Has Arrived

With India's development continuing to gain steam, one of the biggest challenges will be to avoid the mistake that others have made when they failed to recognize their newly acquired global systemic …

Sitaraman

April 24, 2024

RealEcon
A Tricky Balance for Development Banks and the Developing World

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.

 President and CEO at Mastercard Ajay Banga (L) and CEO at the World Bank Kristalina Georgieva speak on stage at the 8th Annual Women In The World Summit at Lincoln Center for the Performing Arts on April 7, 2017 in New York City.

January 29, 2024

India
The Battle for Global South Leadership

Both China and India aspire for the role, but it is not clear if nations that belong to the group see either of them as a benign leader or their champion

Indian Prime Minister Narendra Modi and China's President Xi Jinping attend the BRICS summit meeting in Johannesburg, South Africa, July 27, 2018.

November 20, 2023

India
The Future of the IMEC Hinges on a Stable West Asia

This multi-state project could establish India, instead of China, as the Asian authority on trade. However, Delhi’s track record on economic corridors is mixed.

Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, walks with Indian Prime Minister Narendra Modi during his official visit to Abu Dhabi on July 15, 2023.

November 8, 2023

China
Can a Summit Ease U.S.-China Tensions?

On the sidelines of the Asia-Pacific Economic Cooperation summit, a rare in-person meeting between U.S. President Joe Biden and Chinese President Xi Jinping will provide an opportunity to put a range…

U.S. President Joe Biden shakes hands with Chinese President Xi Jinping at the G20 summit in Bali, Indonesia, in 2022.

March 7, 2024

Women and Women's Rights
Abortion Law: Global Comparisons

The U.S. Supreme Court overturned Roe v. Wade, which guaranteed the constitutional right to abortion for almost fifty years. How does regulation of abortion in the United States compare to that in th…

People hold signs in favor of abortion rights.

April 1, 2024

United States
In the Age of AI, Personal Data Security Is National Security

The United States’ commodified data market is creating increasing national security threats that federal authorities are currently incapable of meeting; the problem will only increase as AI advances…

WUHU, CHINA - AUGUST 11: Chery Automobile Co. vehicles wait for shipment at a port on August 11, 2023 in Wuhu, Anhui Province of China.

March 4, 2024

India
New Delhi’s Balancing Act In A Chaotic Middle East

India's diplomacy will be tested if the Gaza war continues indefinitely, or if relations between Israel and Arab nations further decline.

A military vehicle maneuvers near the Israel-Gaza border, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in Israel, March 4, 2024.