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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.

April 15, 2024

RealEcon
Weighing the Pros and Cons of Global Trade Leadership

Under Biden and Trump, the U.S. has broken from its long-standing free trade policy. CFR trade experts assess whether the rules-based trading system is worth saving.

A logo is seen at the World Trade Organization (WTO) headquarters before a news conference in Geneva, Switzerland, October 5, 2022.

May 9, 2022

Latin America
AMLO's Lithium Grab and War on Green Energy Will Hurt North America

Nationalizing Mexico’s lithium reserves and extending state control over electricity and energy will undermine the region’s prosperity and security.

Mexican lawmakers protest a constitutional reform of the energy sector

July 22, 2021

Climate Change
The EU Green Deal Just Raised the Bar on Climate Policy

When it comes to climate change diplomacy, the European Union is the world’s heavy hitter. But the ultimate fate of their new Fit for 55 plan will depend on three factors. 

European Commission President Ursula von der Leyen looks on during a news conference to present the EU's new climate policy proposals, with a screen displaying trees and “European Green” behind her, in Brussels, Belgium on July 14, 2021.

February 8, 2019

Economics
2019 Robert B. Menschel Economics Symposium

Although the global rate of extreme poverty is at a historic low, the pace of poverty reduction is slowing and the World Bank estimates that more than 700 million people still live on less than $1.90…

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 1, 2024

Trade
U.S. Trade Policy Is at a Crossroads

Biden’s trade agenda is trying to tackle climate change, domestic jobs, and great power competition, but trade-offs are inevitable. A clear vision on priorities is essential. 

BRADDOCK, PENNSYLVANIA - MARCH 20: A general view of the exterior of the U.S. Steel Edgar Thompson Works, on March 20, 2024 in Braddock, Pennsylvania. Nippon Steel has said that it would relocate its U.S. headquarters from Houston to Pittsburgh, where U.S. Steel (X.N) is located, if their acquisition deal goes through.