Economics

Windows of the Grand Hotel in Taipei are illuminated to form the word "zero" after Taiwan reported no new COVID-19 cases for two consecutive days, on April 17.

How Taiwan Can Turn Coronavirus Victory Into Economic Success

Taiwan beat the virus with efficient government and advanced technology—the same ingredients that power the economy.

Turkey's President Recep Tayyip Erdogan (C) with his wife Emine Erdogan, followed by then-director of the International Monetary Fund Christine Lagarde (L) in Paris on November 11, 2018 prior to commemorations marking the 100th anniversary of the  armistice ending World War I.

Why Erdogan Won’t Ask the IMF for Help

Turkey's economy is a mess, but its president won't seek an IMF loan because the conditions would mean giving up his extensive patronage network.

U.S. President Donald Trump, alongside Secretary of State Mike Pompeo

China Puts the Final Kibosh on Trump’s Trade Deal

By reportedly halting major agricultural purchases, Beijing makes it likely U.S.-China relations will dramatically worsen.

The New York Stock Exchange.

Our Top Weekend Reads

The stock market is soaring, African leaders are rallying around George Floyd, and reducing the U.S. military presence abroad could boost the domestic economy.

A portrait of Charles-Alexandre de Calonne (1734-1802), French politician and economist.

Forget Hamilton. This Is Europe’s Calonne Moment.

The EU is still muddling through its post-pandemic recovery—and 18th-century history suggests that disaster could await.

A cotton grower looks on as she works in a cotton plantation.

It’s Not Time to End the Uzbek Cotton Boycott Yet

Companies should not buy Uzbekistan’s cotton until labor protections and responsible sourcing are guaranteed.

Shipping containers at the Port of Los Angeles

All Roads to a Better Trade Deal Lead Through the WTO

In Washington, efforts to withdraw from the trade body are gaining momentum. That would be a big mistake.

Police detain people during protests in Hong Kong.

Hong Kong Ensnared in U.S.-China Showdown

The U.S. pronouncement that it no longer considers Hong Kong to be independent from China paves the way for future sanctions, which could hurt the very people the United States means to help.

South Korean warplanes at at U.S. Osan Air Base in Pyeongtaek

Want to Fix the Deficit? Bring Home the Troops.

As U.S. federal spending surges amid the coronavirus pandemic, it’s time to trim the real fat.

Republican Sen. Josh Hawley, who is leading the charge to pull the United States out of the World Trade Organization, speaks to the press at the U.S. Capitol on Jan. 30.

U.S. Effort to Depart WTO Gathers Momentum

Both political parties are demonizing the world trade body, but many experts warn that such a move could seriously set back U.S. power and prestige.

A worker assembles a car at the newly renovated Ford Assembly Plant in Chicago, on June 24, 2019.

No, the Pandemic Will Not Bring Jobs Back From China

The Trump administration says manufacturing jobs are coming home. The facts tell another story.

France Hotel Homeless Coronavirus

Are Hotels the Solution to Homelessness?

A commonsense solution to the housing crisis has gained backers amid the pandemic—but can the political will remain?

Economic stimulus checks are prepared for printing.

Why the White House Should Propose More Economic Stimulus

While a wait-and-see approach is usually wise, unusual times require unusual playbooks, writes a former Trump administration economic advisor.

U.S. President Donald Trump and Chinese Vice Premier Liu He at the signing ceremony for the U.S.-Chinese trade agreement at the White House in Washington on Jan. 15.

Trump’s China Trade Deal Is as Dead as Can Be

His much-touted trade victory has crashed and burned with the coronavirus pandemic.

coronavirus-void-governments-FP-guide-foreign-policy-jon-benedict-illo

Goodbye, Government. Hello, Mafia.

From insurgent groups to charities, a range of nongovernmental organizations are stepping in to respond to the coronavirus crisis.

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