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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 8, 2023

China
Can a Summit Ease U.S.-China Tensions?

On the sidelines of the Asia-Pacific Economic Cooperation summit, a rare in-person meeting between U.S. President Joe Biden and Chinese President Xi Jinping will provide an opportunity to put a range…

U.S. President Joe Biden shakes hands with Chinese President Xi Jinping at the G20 summit in Bali, Indonesia, in 2022.

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.

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

July 28, 2022

Emerging Economies
Debt Distress: Can Emerging Markets Withstand Rising Costs?

Struggling to make ends meet as inflation and interest rates climb, many emerging markets will have to pursue difficult debt restructuring with international creditors.

People block a main road as they wait for gas trucks to arrive in Colombo, Sri Lanka.

January 5, 2023

Europe
Why European Democracies Are More Resilient Than Expected

As winter neared, many observers were concerned about the resilience of European democracies during Russia’s war against Ukraine. The triple pressures of economic downturn and inflation, energy crisi…

A tugboat and vessel FSRU Exemplar, the floating liquefied natural gas (LNG) terminal, chartered by Finland to replace Russian gas, arrives to the Inkoo port, west of Helsinki, December 28, 2022.

August 11, 2020

Southeast Asia
What’s Behind Mainland Southeast Asia’s Surprising Success Against COVID-19

With the exception of Thailand, the five countries of mainland Southeast Asia are some of the poorest in the Asia-Pacific region. According to the World Bank, Cambodia has a per capita GDP of around …

Students wearing face masks and face shields sit as they attend a flag-raising ceremony as schools nationwide reopened, in Pathum Thani province, Thailand on July 1, 2020.