26 Results for:

May 9, 2023

Trade
Mercosur: South America’s Fractious Trade Bloc

Three decades after its founding, Latin America’s largest trade bloc continues to deal with internal divisions, including over a stalled trade deal with the European Union. How could the return of Brazil’s Lula change the calculus?

A truck driver waits to unload his cargo of cereal grain at a rail terminal in Brazil.

March 2, 2023

United States
The State of U.S. Strategic Stockpiles

President Joe Biden has tapped the nation’s emergency reserves several times over the past year. The Strategic National Stockpile is just one of the reserves that the United States maintains for econ…

Members of the Oklahoma National Guard Oklahoma National Guard walk toward the front of the Strategic National Stockpile Warehouse after unloading medical supplies.

September 29, 2020

United States
The Dollar: The World’s Currency

The dollar’s role as the primary reserve currency for the global economy allows the United States to borrow money more easily and impose painful financial sanctions. But some experts say the costs to…

A man counts U.S. dollars at a market in Turkey

July 27, 2022

North Korea
What to Know About Sanctions on North Korea

World powers continue to punish North Korea with economic sanctions, but the pressure has so far failed to push Pyongyang toward denuclearization.

A woman works at a textile mill in Pyongyang, North Korea.

April 9, 2019

International Organizations
The World Bank Group’s Role in Global Development

Since its founding in 1944, the World Bank has evolved from a lender focused on European reconstruction to the preeminent international institution for economic development and poverty reduction.

KM Asad/NurPhoto via Getty Images

January 30, 2014

Financial Markets
The Rise of Islamic Finance

After growing to a $1 trillion asset class in Muslim countries, Islamic finance is poised for an era of globalization.

A Bank Islam branch office in Malaysia

September 8, 2021

International Organizations
The IMF: The World’s Controversial Financial Firefighter

The International Monetary Fund, both criticized and lauded for its efforts to promote financial stability, continues to find itself at the forefront of global economic crisis management.

IMF Governors' meeting

February 6, 2013

Europe
Germany’s Central Bank and the Eurozone

Germany’s Bundesbank remains an influential actor in eurozone policymaking, and its recent disagreements with the ECB raise concerns about managing the zone’s debt crisis. This Backgrounder explains.

March 30, 2009

International Organizations
The Group of 20

A profile of the Group of 20 major and emerging world economies.

December 21, 2009

Forests and Land Management
Deforestation and Greenhouse-Gas Emissions

Loss of forests is a major contributor to greenhouse-gas emissions. Plans to devise a policy tool for using trees for carbon dioxide sequestration are now under way.