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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 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.

January 22, 2024

Trade
The Curse of Nostalgia: Industrial Policy in the United States

A critical look at the past and present of industrial policy shows that its recent popularity is not only misguided, but is likely to have negative economic and geopolitical consequences for the Unit…

President Joe Biden signs the Inflation Reduction Act in the State Dining Room of the White House in Washington on August 16, 2022.

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.

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.

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…

March 6, 2023

Energy and Environment
The Push to Conserve 30 Percent of the Planet: What’s at Stake?

See how six countries are faring amid efforts to protect 30 percent of the planet’s land and waters by 2030, and what will be saved if they succeed. 

A monastery sits in between tree-covered mountains.

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.