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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.

February 8, 2019

Economics
2019 Robert B. Menschel Economics Symposium

Although the global rate of extreme poverty is at a historic low, the pace of poverty reduction is slowing and the World Bank estimates that more than 700 million people still live on less than $1.90…

April 1, 2024

Brazil
Brazil Should Use G20 Momentum to Join the OECD

Brazil has an opportunity to become a powerful bridge between developed economies and the Global South—the United States should support that ambition. 

U.S. President Joe Biden, Indian Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva hold hands as they attend the launch of the Global Biofuels Alliance at the G20 summit in New Delhi, India, September 9, 2023.

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.

June 22, 2022

World Trade Organization (WTO)
The WTO Hangs On

WTO members confounded expectations last week by concluding a deal on fisheries subsidies, the first major multilateral agreement in nearly a decade. But the trade body is not out of the woods yet.

WTO Director-General Ngozi Okonjo-Iweala (right) is congratulated by Indian Commerce Minister Piyush Goyal after a closing session of a WTO Ministerial Conference in Geneva in June 2022.

December 13, 2023

Trade
Visualizing 2024: Trends to Watch

What trends will shape world events in the year ahead? Five CFR experts weigh in.

December 4, 2023

United States
Congress Can Help Make Housing Affordable—It Just Has to Act

The Barrister Apartments in downtown Cincinnati, slated to open early next year, are a housing policy success story. Financed with federal Low-Income Housing Tax Credits, it is the first investment i…

Home sale sign

February 13, 2019

Trade
Trump’s Trade Warrior Takes the Fight to Beijing

Robert Lighthizer has been railing against China’s bad behavior for decades. Now, he has a once-in-a-lifetime chance to make it stop.

Robert Lighthizer