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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.

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.

March 17, 2023

United States
Revisiting America’s War of Choice in Iraq

Wars are fought not only on the battlefield but also in domestic political debates and in histories written after the fact. In the case of the US invasion of Iraq 20 years ago, we are still in this final phase, seeking an elusive consensus about the war’s legacy.

U.S. soldiers walk by a defaced poster of former Iraqi President Saddam Hussein in April 2003.

March 22, 2024

Climate Change
How Big a Climate Threat Are Atmospheric Rivers?

Atmospheric rivers are gaining in intensity across California and the western United States. Communities need to adapt to the havoc wrought by this weather phenomenon.

A brown river threatens to overflow alongside a highway.

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.

April 12, 2023

Immigration and Migration
Biden’s New Southern Border Plan Might Just Work

The balance of loathing from the left and right suggests the administration is on the right path.

The Hernandez family, Venezuelan migrants seeking asylum in the U.S. who were not received for the appointment they got using the U.S. Customs and Border Protection (CBP) CBP One application, walk next to the border wall after crossing the Rio Bravo river to turn themselves in to U.S. Border Patrol agents.

August 9, 2023

International Law
Deterrence Lawfare to Save Taiwan

A recent Council on Foreign Relations task force report about “U.S.-Taiwan Relations in a New Era” warns that “deterrence is steadily eroding in the Taiwan Strait and is at risk of failing, increasin…

Chinese warship Luyang III sails past U.S. destroyer USS Chung-Hoon in the Taiwan Strait, as seen from the deck of the USS Chung-Hoon, on June 3, 2023.