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June 10, 2022

World Trade Organization (WTO)
What’s Next for the WTO?

President Trump’s decision to levy tariffs on China highlights concern about the ongoing role of the WTO and the future of global trade rules.

WTO Meeting, Geneva Switzerland

March 8, 2019

United States
The U.S. Trade Deficit: How Much Does It Matter?

President Trump has made reducing the U.S. trade deficit a priority, blaming trade deals like NAFTA, but economists disagree over how policymakers should respond.

Chinese steel factory

July 11, 2012

Financial Markets
The Basel Committee on Banking Supervision

Controversies over too-big-to-fail financial institutions continue to mount. The Basel Accords represent the latest effort to ease risk and restore confidence, as this Backgrounder explains.

November 7, 2011

United States
Defense Spending and the Deficit Debate

Lawmakers are considering sharp cuts to defense spending as part of mandated deficit-reduction efforts. This Backgrounder discusses the effects of such major cuts and implications for U.S. military s…

July 22, 2010

United States
The Road to Financial Regulatory Reform

The global financial crisis prompted Congress to press for stronger U.S. financial regulations. But experts debate what level of government involvement will help the economy long term.