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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.

April 30, 2007

United States
Dani Rodrik, Steve Waldman, China’s impact on US export prices and the risk of “financial” Dutch disease …

Dani Rodrik didn’t take long to stir up the blogosphere (see Steve Waldman, among others).   Rodrik makes an interesting point:   Trade doesn’t cut inflation.   Sure, it lowers prices for impor…

April 6, 2021

International Economic Policy
Avoiding a K-Shaped Global Recovery

With the support of its wealthy members, including the United States, the IMF should provide greater financial assistance and more liberal borrowing terms to help the world’s developing countries rec…

A shopper peruses masks at a street market in Dhaka, Bangladesh.

January 3, 2020

Election 2020
Campaign Foreign Policy Roundup: The Killing of Qasem Soleimani

Each Friday, I look at what the presidential challengers are saying about foreign policy. This week: the U.S. drone strike that killed an Iranian general, the wisdom of Joe Biden’s Iraq vote, and for…

Demonstrators hold a picture of Qassim Suleimani as they protest his assassination by the United States in Tehran, Iran, on January 3. Nazanin Tabatabaee/West Asia News Agency via Reuters.

April 2, 2018

Venezuela
Venezuela’s Migration Crisis

Yesterday I joined Dany Bahar, David M. Rubenstein Fellow at the Brookings Institution, and Francisca Vigaud-Walsh, Senior Advocate for Women and Girls at Refugees International, at the Inter-America…

O'Neil speaks at the Inter-American Dialogue