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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.

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.

February 9, 2024

Global
Central Bank Currency Swaps Tracker

Introduction Since the financial crisis of 2007, central banks around the world have entered into a multitude of bilateral currency swap agreements with one another. These agreements allow a centr…

December 14, 2023

United States
The Humbling of Henry Kissinger

The truth is that his tenure as secretary of state was often rocky, and as full of setbacks as acclaim.

Kissinger

October 26, 2023

Climate Change
Climate Finance Gains Momentum Ahead of COP28

Countries will collectively need to spend trillions of dollars to reach their decarbonization goals and protect the most vulnerable nations from climate disasters, but experts say current funding lev…

June 21, 2023

Georgia
The Dangers of Democratic Backsliding in Georgia

Georgia was once a beacon of democracy in the South Caucasus, but today it is backsliding toward authoritarianism and headed back into Russia's sphere of influence. 

Supporters of the Georgian Dream coalition gather outside the central election commission to wait for official results in Tbilisi, October 2, 2012. Georgian President Mikheil Saakashvili conceded on Tuesday that his ruling party had lost an election to a coalition led by billionaire Bidzina Ivanishvili, increasing the chances of a peaceful transfer of power in the former Soviet republic.

September 25, 2023

Russia
Russia’s Influence in Southeast Asia Is Fading

Russia saw its full-spectrum engagement with Southeast Asia pay dividends following its all-out invasion of Ukraine. But its brief interlude of greater influence in the region is now waning.

Russian President Vladimir Putin and Singaporean Prime Minister Lee Hsien Loong stand next to each other in front of the flags of ASEAN countries.

December 1, 2022

United States
Ten Graphics That Explain the U.S. Struggle With Migrant Flows in 2022

Spurred on by worsening economic and political crises across Latin America, migration to the United States reached record levels in 2022. Here’s a look at the year’s major immigration stories.