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Global Economy

What Are Sanctions—and Do They Work?

Video Series
Featured Video

Research Associate Ethan Kessler explains the benefits and drawbacks of what’s become a major US foreign policy tool.

Ethan Kessler speaks in front of a window US Foreign Policy

Biden Urges South Korea Not to Fill Chip Gap in China

In the News
CNBC Squawk Box Asia
Karl Friedhoff

President Yoon will likely sell the idea of “lining up major investments coming into South Korea from American companies,” says Karl Friedhoff.

Screenshot of Karl Friedhoff and Chery Kang US Foreign Policy

Declining Midwest Communities Push Further Right in 2022 Midterms

BLOG
Global Insight by Coauthors

Though working-class voters continue to be disillusioned, place-based investments can help restore confidence and heal our polarized politics.

Ohio Intel factory.
Reuters
Global Cities

Domestic Investments Can Aid All Democracies

In the News
Newsweek
John Austin

Nonresident Fellow John Austin and Elaine Dezenski unpack how domestic investments can be creative tools to strengthen democracy.

President Biden signs the Inflation Reduction Act of 2022 into law.
Reuters
Global Cities

From "Rust Belt" to "Trust Belt": Why the Language We Use Matters

BLOG
Global Insight by Coauthors

In promoting economic renewal in industrial heartland regions, leaders must avoid language that condemns these regions and their citizens to passivity.

Heartland renewal
Reuters
Global Economy

Debunking Globalization: How Regionalization Shapes the Global Economy

Podcast
Deep Dish on Global Affairs Podcast

Has regionalization or globalization been the key economic trend over the last 40 years?

Image of Canada, Mexico and USA Flags
Reuters
Global Economy

Sanctions and Their Impact

In the News
Deep State Radio
Ethan Kessler

Russia has allied with Iran to work around sanctions on both countries. Ethan Kessler discusses on Deep State Radio.

 Russian President Vladimir Putin (right) met with Iranian President Ebrahim Raisi (left) seated in front of flags from each country.
Reuters
Defense and Security

The West's Sanctions against Russia Aren't Working

In the News
World Politics Review
Paul Poast

"In the case of Putin, economic losses only matter if he himself cares about such losses," Paul Poast argues.

Russian President Putin attends a meeting in Moscow
Reuters
US Foreign Policy

Weak Domestic Demand Now Threatens China's Growth Potential

In the News
East Asia Forum
Yang Yao

China will need to promote domestic consumption to reach its potential GDP growth in 2023, argues Yang Yao.

Shopping center in Beijing with escalator full of people.
Reuters
Global Economy

Free Trade with Exceptions: Public Opinion and Industrial Policy

BLOG
Running Numbers by Phillip Meng

Citizens and policymakers alike embrace industrial policy as great power competition intensifies.

President Joe Biden signs the Inflation Reduction Act
The White House
Public Opinion