Economics

A Google self-driving car is displayed at the Google headquarters on September 25, 2012 in Mountain View, California.  (Justin Sullivan/Getty Images)

Self-Driving Cars Are on the Road to Nowhere

Technology companies have been selling a vision of greener cities and safer roads. It's nothing more than hype.

John Tomac illustration for Foreign Policy

Why India Gives Uber 5 Stars

Gig work offers a leg up in the developing world.

A man protests against Brexit outside the Houses of Parliament in London July 5. (Dan Kitwood/Getty Images)

‘Take Back Control’? Brexit Is Tearing Britain Apart

Prime Minister Theresa May thinks it’s her duty to deliver Brexit, but the outcome could entail splitting her party and impoverishing Britain.

John Tomac illustration for Foreign Policy

First They Came for the Immigrants. Then They Came for the Robots.

Politicians must prepare voters for automation; otherwise, opportunistic populists will seize the agenda.

The Red Dress illustration for Foreign Policy

Learning to Work With Robots

AI will change everything. Workers must adapt — or else.

U.S. President Donald Trump takes part in a welcoming ceremony with Chinese President Xi Jinping in Beijing on Nov. 9, 2017. (Thomas Peter-Pool/Getty Images)

Chinese Investment in the U.S. Tanks Amid Major Policy Crackdowns

With or without a trade war, Chinese foreign direct investment to the United States won’t stop tumbling anytime soon.

Family members shout slogans as they wait outside the Kobar prison in north Khartoum to welcome their loved ones after Sudan released dozens of opposition activists Feb. 18 who were arrested in January when authorities cracked down on protests against rising food prices. (Ebrahim Hamid/AFP/Getty Images)

Sanctions Against Sudan Didn’t Harm an Oppressive Government — They Helped It

The end of economic isolation hasn’t brought a financial windfall or more freedom. Instead, the regime is as strong as ever while ordinary people suffer.

North Korean leader Kim Jong Un celebrates the successful test-fire of the intercontinental ballistic missile Hwasong-14 at an undisclosed location in July 2017.
STR/AFP/Getty Images

How North Korea Could Go From Hermit Kingdom to Factory Hub

A new report provides the most detailed look yet at how a sanctions-free Pyongyang could strike it rich.

OPEC Conference President Saudi Arabia's Energy Minister Khaled al-Falih (2ndR), OPEC  Secretary General Mohammed Barkindo (R) and Angola's Governor for OPEC and Chairman of the Board of Governors Estevao Pedro (2nd L) the 173rd OPEC Conference of Organization of the Petroleum Exporting Countries (OPEC) in Vienna, on November 30, 2017. (Joe Klamar/AFP/Getty Images)

This Isn’t Your Father’s OPEC Anymore

Global oil markets are controlled by Russia and Saudi Arabia — despite America’s shale boom.

People in Tehran check their mobile phones as they wait in the streets after an earthquake near Iranian capital on Dec. 21, 2017. (Atta Kenare/AFP/Getty Images)

Iran’s Ban of Messaging App Hurts Economy at Pivotal Moment

Rights group says app was widely used by businesses and even government offices.

A cargo ship at a port in Qingdao, China on March 8. (AFP/Getty Images)

Trump’s Trade Wars Prompt Congressional Pushback

As the U.S. trade war with China escalates, a growing number of GOP lawmakers want final say on tariffs.

German Chancellor Angela Merkel and Canadian Prime Minister Justin Trudeau attend a panel discussion titled 'Launch Event Women's Entrepreneur Finance Initiative' on the second day of the G20 summit on July 8, 2017 in Hamburg, Germany. (Ukas Michael - Pool/Getty Images)

The West Will Die So That Trump Can Win

America created the postwar order by delaying immediate economic gratification. Those days are over.

Donald Trump walks to the official G7 welcoming ceremony in La Malbaie, Quebec, Canada, June 8, 2018. (GEOFF ROBINS / AFP)

Trump’s Creative Destruction of the International Order

The global system was long overdue for a shake-up. Trump has been happy to oblige.

Recep Tayyip Erdogan, flanked by his deputy Ali Babacan and Central Bank Governor Erdem Basci with the symbol for the national currency, the Turkish lira, during a ceremony in Ankara, on March 1, 2012. (ADEM ALTAN/AFP/Getty Images)

Erdogan Is Failing Economics 101

Turkey’s president has made a huge bet that he's right and all of the world’s economic experts are wrong.

Central American migrants enter the El Chaparral border crossing in Tijuana, Baja California, Mexico, on April 29. (Guillermo Arias/AFP/Getty Images)

Jobs and Opportunity Are the Only Path to Peace in Central America

The United States must foster free trade and economic growth in Honduras, Guatemala, and El Salvador, or the vicious cycle of violence will persist.

A Ford factory in Kentucky on Oct. 27, 2017. Ford invested in factory upgrades to make all-new, heavier vehicles for a booming U.S. market. (Bill Pugliano/Getty Images)

Trump Dials Up the Trade War to 11

Citing national security concerns, the Trump administration could slap tariffs on autos from friends and allies. They’re not thrilled.

Chinese President Xi Jinping and Russian President Vladimir Putin at the West Lake State Guest House on Sept. 4, 2016 in Hangzhou, China. (Wang Zhou - Pool/Getty Images)

China Has Decided Russia Is Too Risky an Investment

The economics of a major oil deal seemed to make sense. But when energy companies are arms of the state, economics aren't the only factor.

U.S. President Donald Trump reinstates sanctions on Iran, after announcing his decision to withdraw the United States from the 2015 Iran nuclear deal, at the White House on May 8. (Chip Somodevilla/Getty Images)

Leaving the Iran Nuclear Deal Will Have Unintended Consequences

Trump's actions may ultimately weaken the strength of sanctions as a tool of U.S. statecraft.

Students protest at the University of Tehran during a demonstration driven by anger over economic problems on Dec. 30, 2017. (Stringer/AFP/Getty Images)

The United States Should Seize on Iran’s Currency Crisis

An anti-regime alliance of rich and poor could be the key to ending clerical rule.

Why Democracy Doesn’t Deliver

Endless elections, unqualified leaders, uninformed voters, and short-term thinking are impeding economic growth.

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