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April 17, 2024

RealEcon
Onshoring Semiconductor Production: National Security Versus Economic Efficiency

Policymakers are increasingly concerned by the U.S.’s dependence on Taiwanese semiconductors. Is onshoring their production to the U.S.—a goal of the CHIPS and Science Act—a practical path forward? 

A wafer can be seen as taiwanese chip giant TSMC holds a ceremony to start mass production of its most advanced 3-nanometer chips in the southern city of Tainan, Taiwan December 29, 2022.

November 13, 2023

Liberia
History Casts a Long Shadow Over Liberia’s Democracy

As Liberia heads to a closely contested runoff election, the possibilities are decidedly limited. 

Liberian voters search for their name on electoral lists before they cast their votes during Liberia's presidential election in Monrovia, Liberia on October 10, 2023.

December 19, 2023

Democracy
What a Democratic Russia Would Mean for the United States

When the Soviet Union collapsed more than thirty years ago, American leaders hoped that Russia would embark on a transition to free-market democracy. Shared democratic values, the thinking went, woul…

May 30, 2023

India
The Quad’s Longevity Might Hinge on Its Health Plan

Even though China might have spurred the Quad’s initial health response, the answer to its longevity lies in building sustainable future coordination.

U.S. President Joe Biden, Australia's Prime Minister Anthony Albanese, Japan's Prime Minister Fumio Kishida, and India's Prime Minister Narendra Modi hold a Quad meeting on the sidelines of the G7 summit.

January 13, 2020

United Kingdom
Brexit’s Finish Line Is Only the "End of the Beginning" for Britain and the European Union

The United Kingdom faces numerous uncertainties as Brexit nears its nominal finish line.

British Prime Minister Boris Johnson meets European Commission President Ursula von der Leyen in London.

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 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.