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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.

May 14, 2024

RealEcon
On to Wisconsin: RealEcon Visits the Badger State

From ginseng farms to food-processing facilities, Wisconsin businesses shine light on how trade policy and foreign investment impact rural America.

Darin Von Ruden, the owner of the Von Ruden's Organic Dairy Farm walks on his farm in Westby, Wisconsin, on October 3, 2020. - In western Wisconsin, where family-run dairy farms dot the rolling green hills and eagle-watchers peer into the sparkling marshland, signs for Donald Trump and Joe Biden stand directly across each other on neighbors' yards. In a polarized United States where Democrats and Republicans increasingly self-segregate, this stretch of the Upper Midwest alongside the Mississippi River looks

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.

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…

February 9, 2024

Ukraine
Will Ukraine Survive?

What Ukraine and its Western backers have accomplished in the wake of Russia’s February 2022 invasion is extraordinary. But with congressional Republicans blocking further US military aid, even as Ru…

The Ukrainian flag flutters amid buildings destroyed in Russia’s bombardment of the Ukrainian town of Borodianka.

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.

December 13, 2023

Trade
Visualizing 2024: Trends to Watch

What trends will shape world events in the year ahead? Five CFR experts weigh in.

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

March 4, 2024

United States
A Self-Absorbed America Means Disorder for the World

The dam holding back chaos in U.S. foreign policy is cracking.

Supporters of Republican presidential candidate and former U.S. President Donald Trump gather on the street with Trump flags, ahead of Super Tuesday, in Huntington Beach, California, U.S.