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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.

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.

February 9, 2024

Global
Central Bank Currency Swaps Tracker

Introduction Since the financial crisis of 2007, central banks around the world have entered into a multitude of bilateral currency swap agreements with one another. These agreements allow a centr…

April 1, 2024

Brazil
Brazil Should Use G20 Momentum to Join the OECD

Brazil has an opportunity to become a powerful bridge between developed economies and the Global South—the United States should support that ambition. 

U.S. President Joe Biden, Indian Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva hold hands as they attend the launch of the Global Biofuels Alliance at the G20 summit in New Delhi, India, September 9, 2023.

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.

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

February 12, 2021

Women and Women's Rights
Women This Week: Violence Against Uighur Women

Welcome to “Women Around the World: This Week,” a series that highlights noteworthy news related to women and U.S. foreign policy. This week’s post covers February 2 to February 12.   

Uighur women participate in a protest against the Chinese government in Istanbul, Turkey.

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.