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April 1, 2024

Trade
WTO Members Kick the Can Down the Road, Again

The World Trade Organization's (WTO) thirteenth ministerial conference (MC13) in Abu Dhabi, United Arab Emirates failed to break the deadlock on old and new initiatives in areas such as agricultural …

13th WTO Ministerial Conference in Abu Dhabi, UAE

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 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.

January 29, 2024

India
The Battle for Global South Leadership

Both China and India aspire for the role, but it is not clear if nations that belong to the group see either of them as a benign leader or their champion

Indian Prime Minister Narendra Modi and China's President Xi Jinping attend the BRICS summit meeting in Johannesburg, South Africa, July 27, 2018.

June 22, 2022

World Trade Organization (WTO)
The WTO Hangs On

WTO members confounded expectations last week by concluding a deal on fisheries subsidies, the first major multilateral agreement in nearly a decade. But the trade body is not out of the woods yet.

WTO Director-General Ngozi Okonjo-Iweala (right) is congratulated by Indian Commerce Minister Piyush Goyal after a closing session of a WTO Ministerial Conference in Geneva in June 2022.

September 3, 2020

World Trade Organization (WTO)
What to Know About the Race to Lead the WTO

World Trade Organization members are in the process of selecting a new leader, who will be charged with steering the WTO at a critical moment for the future of international trade.

A picture shows the empty seat and desk of the World Trade Organization director-general prior to a general council in Geneva.

June 4, 2021

International Law
Illegal Fishing Is a Global Threat. Here’s How to Combat It.

Fishing provides a critical source of food and income for many countries, but much of it occurs unlawfully, harming vulnerable populations and eroding maritime governance.  

South Korean coast guard ships attempt to stop Chinese boats allegedly fishing illegally in the Yellow Sea.