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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.

May 1, 2023

Sweden
Susanna Fellman: The Nordic Model of Capitalism in Historical Perspective: Past Successes and Future Challenges

While social welfare is integral to Nordic capitalism, Scandinavian countries are still market economies that had strong economic growth through the twentieth century and currently enjoy some of the …

European Commission Executive Vice President Valdis Dombrovskis and Swedish Finance Minister Elisabeth Svantesson attend a news conference in Marsta

October 17, 2022

China
Joshua Kurlantzick: My Previous Book on State Capitalism in China—Right Idea, Wildly Underestimated

Chinese President Xi Jinping has gone much further than analysts had predicted he would in state control of the private sector in China and departure from a consensus based authoritarian system to on…

Xi Jinping

January 11, 2024

U.S. Foreign Policy Program
What to Do About Coups

Nothing may seem more obvious to supporters of democracy than the need to oppose, punish, and deter coups. But defining a coup, let alone reacting sensibly to one, is difficult for many democratic go…

A group of men approach and bang with their hands a military tank in a downtown street at night.

February 26, 2007

Trade
Is the WTO Dispute Settlement System Fair?

Daniel J. Ikenson and Robert E. Lighthizer debate the mechanism for adjudicating trade arguments.

December 13, 2021

Supply Chains
What Happened to Supply Chains in 2021?

Pandemic-related disruptions threw a wrench into global supply chains this year, causing shortages of goods. Here’s how it happened.