Economics

un-sanctions-foreign-policy-illustration-hp

Sunset for U.N. Sanctions?

How the world came to depend on U.N. punitive measures and why the enforcement system is under threat—the first in an FP series.

A general view of a garment factory at the Hawassa Industrial Park in Hawassa, southern Ethiopia on Oct. 1, 2019.

Don’t Remove Ethiopia’s AGOA Trade Privileges

The Biden administration has threatened to end Addis Ababa’s eligibility under the African Growth and Opportunity Act. Doing so would hurt the poor the most.

Future of Money - Part 3

Future of Money – Part 3

A comprehensive picture of the forces and actors that are critical to understanding and navigating the future financial system.

A customer scans the Alipay QR payment code at a market in Shanghai on Oct. 27, 2020.

JPMorgan’s Deal With Alipay Will Put the PLA in Your Pocket

Chinese mobile payment apps are a national security threat—but Western financial firms are misguidedly rushing to embrace them.

Bangalore Tech Summit

Global Money Shifts to India as Xi Cracks Down on Tech

But the sudden flood of capital is not as good for India as it looks.

An art installation feature the phrase #ImmigrantsAreEssential in large white letters sits on the grass of the National Mall with the U.S. Capitol in the background.

Who Will Win the Global War for Talent?

After the Great Lockdown will come the next Great Migration.

Houthi rebel fighters inspect damage.

Yemen’s Most Pressing Problem Isn’t War. It’s the Economy.

International agencies are fixated on the humanitarian crisis instead of the economic conditions that caused it.

Olaf Scholz, chancellor candidate of the German Social Democratic Party (SPD), attends the annual ARD television summer interview with journalist Tina Hassel near the Reichstag on August 15, 2021 in Berlin.

Olaf Scholz’s Quiet Revolution in German Economics

A new generation of economists is changing the culture of German—and European—policymaking.

Chilean President Sebastián Piñera delivers a press conference a day after he was mentioned in the Pandora Papers, a media investigation exposing world leaders’ use of tax havens, at La Moneda presidential palace in Santiago, Chile, on Oct. 4.

Hips Don’t Lie (and Neither Do Receipts)

Latin American leaders—and pop stars—are ensnared in the Pandora Papers leak.

The container ship Ever Given arrives at the port of Rotterdam in the Netherlands on July 29.

Biden’s Vague Muddle of a Trade Policy for China

The administration should stop agonizing over Beijing and focus on trade with everyone else instead.

The exterior of a fancy office building on a street in London.

The Fatal Flaw in the West’s Fight Against Autocracy

The Pandora Papers reveal the critical role Western countries play in enabling autocrats.

Gasoline shortage in Britain

Is Europe’s Energy Crisis a Preview of America’s?

Europe has itself to blame for shortages and spiking prices, but Washington is copying many of its policies.

People stand outside a closed Lotte store.

China’s Economic Coercion Is More Bark Than Bite

Beijing’s intimidation rarely works, but it will keep trying.

A woman begs on the streets of Kabul.

Afghanistan’s Economic Freefall

Without urgent assistance, nearly the entire country could sink into poverty, the United Nations Development Program warns.

Chilean President Sebastián Piñera (right) and then-Chinese Premier Wen Jiabao speak after the signing of agreements at La Moneda presidential palace in Santiago, Chile, on June 26, 2012.

Can the United States Rival China in Latin America?

The newly announced Build Back Better World initiative weighs its prospects in the region.

An aerial view of Evergrande City in Wuhan, China, on Sept. 24.

Evergrande Is a Convenient Villain for Xi

The fall of the property giant fits the Chinese Communist Party’s new narratives.

The logo for Evergrande City

China’s Property Sector Has Bigger Problems Than Evergrande

Chinese economic troubles may come far faster than the markets expect.

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