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May 8, 2024

RealEcon
In Economic Security, Trade-offs Abound

Policymakers face complex cost-benefit considerations when intervening in the market to mitigate perceived risks, from climate change to competition with China.

(L-R) European Council President Charles Michel, Italy's Primer Minister Giorgia Meloni, Canada's Prime Minister Justin Trudeau, France's President Emmanuel Macron, Japan's Prime Minister Fumio Kishida, US President Joe Biden, German Chancellor Olaf Scholz, Britain's Prime Minister Rishi Sunak and European Commission President Ursula von der Leyen pose for the family photo during a visit to the Itsukushima Shrine in Miyajima Island as part of the G7 Leaders' Summit, on May 19, 2023.

May 2, 2024

RealEcon
Geopolitics in the Indo-Pacific: An ADB Perspective

As part of the CFR RealEcon Roundtable Series, Scott Morris, vice president of the Asian Development Bank (ADB), explained how the ADB supports countries in the Indo-Pacific region amid shifting geop…

Scott Morris speaks at a CFR roundtable event.

March 25, 2024

India
The Indian Giant Has Arrived

With India's development continuing to gain steam, one of the biggest challenges will be to avoid the mistake that others have made when they failed to recognize their newly acquired global systemic …

Sitaraman

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.

June 22, 2023

Afghanistan
Our Biggest Errors in Afghanistan and What We Should Learn from Them

As a journalist, book author, and sometime adviser with frequent visits to Afghanistan between 2002 and 2015, I offer this distillation of lessons that we might learn from the United States’ longest …

An Afghan working in a U.S military base walks near half mast flags of United States, Afghanistan and Task Force Cacti after a U.S. Army officer was killed by an IED (improvised explosive device) during a patrol in Pesh Valley, at Forward Operating Base Joyce in Kunar province, eastern Afghanistan March 18, 2012.

August 9, 2023

Latin America
A Ticking Clock for Latin America’s Nearshoring Opportunity

The window is still open for the region to benefit from the supply chain reshuffle—but not for much longer.

Panama Canal employees work in Panama City, Panama.

May 16, 2023

United States
Why Today Is Not Like the 1850s

American politics turned hyper toxic several years ago, and ever since commentators have raised the specter of a second civil war. No other historical parallel, it seems, captures so viscerally today…

Supporters of former U.S. President Donald Trump stand near Confederate and U.S. flags in Wellington, Ohio on June 26, 2021.