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October 8, 2021

Trade
The Truth About Tariffs

Tariffs have been applied over the years to protect homegrown industries and target competitors who are seen as using unfair trade practices. They impose costs on both importers and exporters and had been in decline until the recent U.S.-China trade war.

A steelworker tests a sample of steel at an Indiana mill in March 2018.

December 10, 2013

Financial Markets
The Dodd-Frank Act

The Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank"), signed into law in July 2010, is one of the most significant regulatory reform measures since the Great Depression.

President Barack Obama signs the Dodd-Frank Act

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

April 9, 2019

International Organizations
The World Bank Group’s Role in Global Development

Since its founding in 1944, the World Bank has evolved from a lender focused on European reconstruction to the preeminent international institution for economic development and poverty reduction.

KM Asad/NurPhoto via Getty Images

October 3, 2019

Eurozone
The Role of the European Central Bank

As Europe has weathered a succession of economic crises, the European Central Bank has responded with an aggressive set of monetary policies that have redefined the bank’s original mandate.

Workers repair the euro sign in front of ECB headquarters

March 9, 2010

Monetary Policy
The Stimulus Report Card

The Obama administration says its 2009 stimulus package saved jobs and boosted growth, but Republicans and some economists worry it dampened consumer and business spending and added to long-term debt.

October 28, 2015

Emerging Markets
Currency Crises in Emerging Markets

Projected capital outflows are placing pressure on the currencies of some of the world most dynamic emerging markets. 

Currency exchange in Istanbul

April 19, 2006

Trade
The Uneasy U.S.-Chinese Trade Relationship

Trade relations between the United States and China have provided enormous benefits to both countries. But a growing U.S. trade deficit, China’s regulation of its currency, and concerns over intellec…

February 21, 2006

Uganda
Uganda’s Presidential Elections

Ugandan President Yoweri Museveni’s decision to run for a third term in the February 23 presidential election—which he is expected to win—the imprisonment of his main political rival, and the festeri…

January 31, 2006

United States
Two Deficits, Fed Turnover

Two decades ago, the United States was the world’s largest creditor; now it’s the world’s largest debtor. As Ben Bernanke assumes the post of Federal Reserve chairman, succeeding Alan Greenspan, opin…