Economics | Council on Foreign Relations

Japan

Blocking the Nippon Steel Acquisition: Politics Versus Policy

A decision by President Biden to block Nippon Steel’s purchase of U.S. Steel would not be good policy or good politics.

Article by Matthew P. Goodman September 11, 2024 RealEcon
Maternal and Child Health

Women This Week: Texas Sues for Ability to Seek Records of Women who Obtain Out-of-State Abortions

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 August 31 to September 6.

Blog Post by Ann Norris September 9, 2024 Women Around the World
Cybersecurity

Cyber Week in Review: September 6, 2024

Brazilian Supreme Court bans X; Judge blocks Texas social media law; Internet Archive loses copyright case; U.S. announces effort to counter Russian disinformation; Cyberattack on Iran impacted banking sector.

Blog Post by Kat Duffy and Kyle Fendorf September 6, 2024 Net Politics

Experts in this Topic

Edward Alden

Bernard L. Schwartz Senior Fellow

Rush Doshi

C.V. Starr Senior Fellow for Asia Studies and Director of the China Strategy Initiative

Roger W. Ferguson Jr.

Steven A. Tananbaum Distinguished Fellow for International Economics

Michael Froman

President, Council on Foreign Relations

Matthew P. Goodman

Distinguished Fellow, Director of the Greenberg Center for Geoeconomic Studies, and Director of the CFR RealEcon Initiative

Sebastian Mallaby

Paul A. Volcker Senior Fellow for International Economics

Inu Manak

Fellow for Trade Policy

Brad W. Setser

Whitney Shepardson Senior Fellow

Benn Steil

Senior Fellow and Director of International Economics

United States

Why Biden Wants to Block the Nippon-U.S. Steel Deal

U.S. President Joe Biden is reportedly planning to block the Japanese takeover of U.S. Steel, raising questions about the administration’s economic and foreign policy priorities.

In Brief by Noah Berman September 6, 2024
United States

C. Peter McColough Series on International Economics With John C. Williams

John C. Williams of the Federal Reserve Bank of New York discusses monetary policy and the economic outlook for the year ahead. The C. Peter McColough Series on International Economics brings the world’s foremost economic policymakers and scholars to address members on current topics in international economics and U.S. monetary policy. This meeting series is presented by RealEcon: Reimagining American Economic Leadership, a CFR initiative of the Maurice R. Greenberg Center for Geoeconomic Studies.

Virtual Event by John C. Williams and Benn Steil September 6, 2024
China

The IMF’s Latest External Sector Report Misses the Mark

The IMF should take a mulligan on the 2024 External Sector Report. The imbalance in China’s goods trade is expanding, not receding. It is too big for the IMF to ignore.

Blog Post by Brad W. Setser August 26, 2024 Follow the Money

China

Tracking China’s Control of Overseas Ports

This interactive map tracks China’s growing maritime influence through investments in strategic overseas ports. Users can plot the location of each port and view satellite images alongside detailed information on the share of Chinese ownership, the total amount of Chinese investment, and the port’s suitability for use by the Chinese military.

Tracker by Zongyuan Zoe Liu August 26, 2024 Asia Program
Election 2024

Kamala Harris Sees the Road to the Top, But Will Voters Put Her There?

Who runs the world? Sorry Beyoncé, it’s not girls. But with Harris topping the ticket, that may change.

Article by Linda Robinson August 22, 2024 Women Around the World
Cybersecurity

Cyber Week in Review: August 22, 2024

Pakistan experiences internet outages; U.S. company fined over deepfakes; TSMC breaks ground on EU factory; U.S. investigates Americans working with Russia; researcher finds major vulnerability in key cards.

Blog Post by Kat Duffy and Kyle Fendorf August 22, 2024 Net Politics
Human Trafficking

Shadi Kourosh: Medical Community Efforts to Identify and Combat Human Trafficking

A Conversation with Dr. Arianne Shadi Kourosh, MD, MPH, Director of Community Health at the Department of Dermatology, Massachusetts General Hospital and Associate Professor, Harvard Medical School.

Blog Post by Ann Norris August 20, 2024 Women Around the World
Monetary Policy

What Is the U.S. Federal Reserve?

Over the past decade, the Fed kept interest rates low while it deployed trillions of dollars in stimulus and expanded its regulatory oversight. Now, the central bank is back in the spotlight for its battle against inflation.

Backgrounder by James McBride , Anshu Siripurapu and Noah Berman August 15, 2024 Renewing America
China

China’s Imaginary Trade Data

China has a new way of calculating its good surplus in its formal balance of payments data. It is a deeply misleading. It also explains the apparent fall in the current account account surplus.

Blog Post by Brad W. Setser August 14, 2024 Follow the Money
Economics

What to Do About the Liquidity Difficulties in Low-Income Countries

The IMF, while recognizing the liquidity challenges sure to be faced by several indebted countries in the coming years, needs to offer a solution that both widens its scope and deepens its analysis.

Blog Post by Brad W. Setser August 13, 2024 Follow the Money
Economics

Big Macs Show Dollar Hugely Overvalued, But “Mini Macs” Beg to Differ.

Whereas the Economist magazine’s Big Mac currency index says the dollar is hugely overvalued, CFR’s “Mini Mac” index finds it slightly undervalued.

Blog Post by Benn Steil and Elisabeth Harding August 12, 2024 Geo-Graphics
Demonstrations and Protests

Women This Week: PM Sheikh Hasina Flees Bangladesh Amid Protests

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 August 3 to August 9.

Blog Post by Noël James August 8, 2024 Women Around the World