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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 1, 2024

China
On Fentanyl, Biden Should Look to Work With China

The fentanyl epidemic is a major election issue. The U.S. could leverage trade policy with China to crack down on its export. 

Members of the Sinaloa Cartel prepare capsules with methamphetamine in a safe house in Culiacan, Mexico, April 4, 2022.

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.

November 16, 2023

Argentina
Argentina Election Draws Wider Attention to Embattled Economy

The country’s massive economic problems will be a vexing challenge for whoever becomes president.

People line up in front a butcher shop next to signs showing meat prices.

August 23, 2023

Singapore
Singapore’s Social Contract Is Starting to Fray

The PAP has made unbending integrity central to its identity, magnifying the damage the recent scandals have done to the party.

Singaporean prime minister stands behind a microphone with his hands clasped wearing a black suit with blue tie.

August 17, 2023

Climate Change
Climate Change and U.S. Property Insurance: A Stormy Mix

Accelerating risks and damage from climate change are spurring private insurers in the United States to limit coverage in a growing number of areas, thus imposing mounting stress on local communities…

An aerial view shows houses destroyed by flooding after Hurricane Ida made landfall in Louisiana

July 16, 2023

United States
How Today Is Like the 1890s

The most popular historical analogy for current American troubles is the Civil War era. The second most popular is the Gilded Age. But where the 1850s do not meaningfully resemble today, the 1890s ce…

The U.S. flag flies near the Statue of Freedom atop the U.S. Capitol in Washington, DC.

March 20, 2023

Democracy
The Long Shadow of the Iraq War: Lessons and Legacies Twenty Years Later

On March 20, 2003, I found myself bobbing offshore along Iraq’s tiny coastline in a raging sandstorm, as a reporter covering the U.S. Navy SEALs and Polish special forces’ operations in the U.S.-led …

A man looks at a mural of former Iraq President Saddam Hussein inside his damaged former palace in Mosul, Iraq, February 19, 2023.