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Reimagining American Economic Leadership
C. Peter McColough Series on International Economics
RealEcon was pleased to welcome former U.S. Treasury Secretary Lawrence H. Summers to CFR for a McColough series conversation with Mike Froman.
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Trade Offs
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U.S. policymakers are ignoring some of the negative trade-offs of current trade policy to the detriment of American global leadership.
Featured Analysis From RealEcon
Exploring three key areas of international economic policy: trade and investment, development, and economic security, i.e., technology controls, supply-chain-resilience measures, and other policies to reduce risk to the economy or national security
Trade and Investment
Trade Isn’t Great Retail Politics for Either Party
Article by Kevin Nealer
The Man Who Would Help Trump Upend the Global Economy
Article by Edward Alden
Weighing the Pros and Cons of Global Trade Leadership
Article by Inu Manak, Author, Edward Alden, Author, and Jennifer Hillman
Development
Mobilizing Clean Energy Financing through the Multilateral Development Banks
Blog Post by Brad W. Setser, Tess Turner and Michael Weilandt
In-Person DC Roundtable: Falling Global Fertility and Its Implications for Climate Change, Political Stability, and Economies
Event by Thomas J. Bollyky, Ann Norris, and Christopher J. Murray
Geopolitics in the Indo-Pacific: An ADB Perspective
Article by Christopher Shim
Economic Security
Supporting American Small Businesses Against Foreign Threats
Article by Tara Donohue Bartels and Tarah Wheeler
Virtual Media Briefing: U.S. Tariffs on Chinese Imports
Media Briefing by Matthew P. Goodman, Brad W. Setser, and Zongyuan Zoe Liu
Baltimore Bridge Collapse Tests U.S. Supply Chains
Expert Brief by Zongyuan Zoe Liu
RealEcon Launched
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China’s Stockpiling and Mobilization Measures for Competition and Conflict
Zongyuan Zoe Liu’s testimony to the U.S.-China Economic and Security Review Commission on China's approach to self-sufficiency, stockpiling, and sanctions preparedness.
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The Farm Legacy of Henry Wallace: Regressive Subsidies
Henry A. Wallace, the subject of Benn’s recent political biography, was FDR’s agriculture secretary during his first two terms, from 1933-1940. This period marked an enormous expansion of the department, the government’s largest, with staffing soaring from 40,000 to 146,000. Government payments to farmers over these years totaled, in current dollars, an eye-popping $1.2 trillion. Read more.
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For the First Time, the U.S. Is Spending More on Debt Interest than Defense
The Fed’s new “higher for longer” rate stance spotlights a looming problem for the U.S. economy: the growth of the federal debt.
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Brazil has an opportunity to become a powerful bridge between developed economies and the Global South—the United States should support that ambition.
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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.
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The United States’ commodified data market is creating increasing national security threats that federal authorities are currently incapable of meeting; the problem will only increase as AI advances.
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Building a durable consensus for U.S. economic leadership requires listening to what Americans think. The first stop in the RealEcon team's listening tour was Florida.
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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 trade, fisheries subsidies, and investment facilitation. Given rising great power tensions and growing protectionism, efforts led by coalitions of the willing could be the future of world trade.
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