RealEconis a CFR initiative led by Matthew P. Goodmanthat assesses the role of the United States in the international economy, analyzes what’s at stake for the American people, and identifies the trade-offs in different policy approaches.
The initiative is exploring three key areas of international economic policy:
Goodman argues that policymakers will have to weigh multiple trade-offs to craft a new international economic policy that works for Americans and advances U.S. interests. Learn more
The Federal Reserve’s dual mandate of price stability and maximum employment presents trade-offs as the Fed grapples with interest rates, writes Roger Ferguson. Read how
Policymakers face complex cost-benefit considerations when intervening in the market to mitigate perceived risks, from climate change to competition with China. Learn more from RealEcon experts
Under President Joe Biden and former President Donald Trump, the United States has broken from its long-standing free trade policy. CFR trade experts assess whether the rules-based trading system is worth saving. Read how trade leadership has changed
RealEcon experts explore how Wisconsin businesses, from ginseng farms to food-processing facilities, shine light on the impact of trade policy and foreign investment on rural America. Read more
Many Americans are losing faith in the benefits of internationalism. Matthew Goodman and Nina Hachigian join Why It Matters host Gabrielle Sierrato discuss what role the United States should play in the world economy, and how states and cities fit in.