International Economic Relations

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Increased international trade, and the lowering of barriers to such trade, frequently results in improved international relations, but it can also lead to trade wars and tariff disputes. RAND research explores bilateral and multilateral economic relations; describes how they affect global alliances, globalization, and the economic health of nations; and recommends methods to develop, encourage, and maintain these relations among diverse nations and cultures.

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    Commentary

    The Upside of Lower Oil Prices

    Oct 17, 2014

    Movement toward sharply lower oil prices should be a prominent component of any strategy directed at disabling many of the world's most disruptive threats: Iran's nuclear development, ISIS, Hamas attacks on Israel, and Russia's threat to Ukraine.

Explore International Economic Relations

  • Russian President Vladimir Putin during his annual end-of-year news conference in Moscow, December 18, 2014

    Commentary

    How Russia Can Recover from Its Economic and Strategic Decline

    Few expect that Moscow will cede Crimea or end its opposition to NATO expansion anytime soon. But Russia can still begin to reverse its strategic decline. Expanding opportunities for Russia's people, reforming the economy, and improving relations with neighbors are the way forward.

    Dec 24, 2014

  • Members of the the Group of the Greens/European Free Alliance hold posters during a voting session on the Anti-Counterfeiting Trade Agreement (ACTA) at the European Parliament in Strasbourg, July 4, 2012

    Commentary

    ACTA Revisited? TTIP and Data Privacy

    The EU has embarked on negotiations with the U.S. on the TTIP, which shares some of ACTA's goals. This time, though, the European Commission is seeking to make the talks more transparent by publishing a series of position papers on key issues very early on in the process. This is a step in the right direction toward an agreement that will have economic benefits for a net-exporting region of intellectual property such as the EU.

    Nov 26, 2014

  • Dayan Candappa, Carlos Slim Helu, and Saad Mohseni at RAND's Politics Aside 2014

    Blog

    The Risks and Rewards of Emerging Markets

    Emerging markets may offer challenges ranging from corruption to the threat of violence, but the rewards can be worth the risks, experts said during a panel discussion at RAND's Politics Aside event. Reuters Americas Editor Dayan Candappa moderated the panel which included Carlos Slim Helú, a businessman, investor, and philanthropist, and Saad Mohseni, CEO of MOBY Group.

    Nov 16, 2014

  • News Release

    Tool Created to Help Multinational Companies Assess Risk of Bribery When Doing Business in Foreign Countries

    Corruption can hinder global business investment -- particularly in emerging markets -- but multinational companies often have difficulty assessing the business bribery risk in other countries. A new tool, called the TRACE Matrix, can help.

    Nov 11, 2014

  • Scales, money, magnifying glass, and books

    Report

    Tool Created to Help Multinational Companies Assess Risk of Bribery When Doing Business in Foreign Countries

    Corruption can hinder global business investment — particularly in emerging markets — but multinational companies often have difficulty assessing the business bribery risk in other countries. A new tool, called the TRACE Matrix, can help.

    Nov 11, 2014

  • A European flag superimposed over euro banknotes

    Commentary

    The Not-So-Full-Monti: Will More 'Europe' Lead to More Trade in the Internal Market?

    Even though the internal market for goods is at a relatively advanced stage, there remains an untapped potential in the longer term. Barriers and regulatory obstacles continue to hinder the free movement of goods in the EU.

    Oct 28, 2014

  • A hand with a calculator against various European bills

    Report

    Lack of Complete European Integration Costs Countries, EU

    The removal of existing barriers to foreign direct direct investment and non-tariff trade barriers within the European Union could boost total intra-EU merchandise exports up to 7 per cent in the long-term. These effects would vary by Member State, and by sector of the internal market.

    Oct 21, 2014

  • Oil barrels under a clear, blue sky

    Commentary

    The Upside of Lower Oil Prices

    Movement toward sharply lower oil prices should be a prominent component of any strategy directed at disabling many of the world's most disruptive threats: Iran's nuclear development, ISIS, Hamas attacks on Israel, and Russia's threat to Ukraine.

    Oct 17, 2014

  • Zimbabwe's President Robert Mugabe and China's Premier Li Keqiang in Beijing on August 26, 2014. Officials say Mugabe is seeking funds to rebuild decaying roads, rail and power facilities, and to help mechanise Zimbabwe's agriculture.

    Blog

    RAND Experts Discuss Chinese Engagement in Africa

    Larry Hanauer and Lyle Morris discussed their recent report, Chinese Engagement in Africa, as part of RAND's China Luncheon Series. They took a comprehensive look at Chinese and African objectives in the political and economic spheres and the means by which they work to achieve their goals.

    Oct 14, 2014

  • North Korean leader Kim Jong Un gives field guidance at the October 8 Factory in this undated photo released by North Korea's Korean Central News Agency in Pyongyang August 31, 2014

    Commentary

    What Does North Korea Want?

    Currently, three U.S. citizens — Matthew Todd Miller, Jeffrey Fowle, and Kenneth Bae — are being detained in North Korea. It is likely that North Korea wants someone like a former U.S. president to come to North Korea instead of U.S. Ambassador Bob King, whose visits were cancelled.

    Sep 18, 2014

  • Russia's Prime Minister Medvedev and President Putin attend a meeting with members of the Russian Parliament in Yalta, Crimea, August 14, 2014

    Commentary

    Crimean Adventure Will Cost Russia Dearly

    Moscow may have overreached, as it appears ill-prepared to come up with the necessary funds to cover Crimea-related costs. Infrastructure improvements, development aid, government operations, and other costs will be a multi-billion drain — as much as $4.5 billion per year — on Russia's already strained budget.

    Sep 8, 2014

  • People walk along the street soon after, what locals say, was recent shelling by Ukrainian forces, in Donetsk on August 20, 2014

    Commentary

    Make Russia an Offer on Ukraine It Can't Refuse

    An international initiative that does not appear to emanate from NATO or the EU could help bring Russia to the table, in part by accepting that Moscow, too, has a role. An international peacekeeping force could open the way for a negotiated end to the conflict.

    Aug 20, 2014

  • Afghanistan's President Hamid Karzai and his Chinese counterpart Xi Jinping shake hands before the opening ceremony of the fourth Conference on Interaction and Confidence Building Measures in Asia summit in Shanghai May 21, 2014

    Report

    China's Strategy Toward South and Central Asia

    China's response to the complex challenges on its western borders during the past two decades has been to adopt an "Empty Fortress" strategy, whereby China boldly projects an image of considerable strength in Central and South Asia to mask serious frailty. China is not a major threat to U.S. interests there and is unlikely to pose one in the near future.

    Aug 11, 2014

  • COMAC ARJ21 Chinese commercial passenger jet

    Testimony

    China’s Industrial Policies in Commercial Aviation Manufacturing

    Until recently, the Chinese aircraft manufacturing industry produced aircraft almost exclusively for its military. As China transitions to commercial aircraft production, does it need to rethink its investments and policies to become more globally integrated and competitive?

    Jul 31, 2014

  • Vietnam's Deputy Prime Minister Vu Duc Dam at an interview with Reuters on May 22, 2014, where he demanded that China withdraw an oil rig off the coast of Vietnam in waters also claimed by Hanoi

    Blog

    China Unlikely to Blink in Maritime Dispute with Vietnam over Oil Rig

    Tensions are rising in the South China Sea, where China moved a state-owned oil rig, reportedly accompanied by six warships, into disputed waters last month, triggering anti-Chinese demonstrations in Vietnam that resulted in four deaths.

    Jun 12, 2014

  • Chinese Premier Li Keqiang (2nd R) and Kenyan President Uhuru Kenyatta (R) walk as they arrive to the site of previously burnt ivory, in Nairobi National Park May 10, 2014

    Commentary

    In Africa: U.S. Promotes Security, China Does Business

    Africans require both security and economic growth. Global powers like China and the United States do not need to choose between the two when focusing their foreign policy efforts.

    May 31, 2014

  • Chinese Renminbi banknotes

    Commentary

    A Liberated Yuan Is Likely to Fall

    Some critics claim that the People's Bank of China is contriving to weaken the yuan's value to promote Chinese exports and stimulate the country's lagging growth. But the yuan's true value may be lower than some popular estimates.

    May 21, 2014

  • Report

    China's International Behavior: Chinese translation (traditional characters)

    China's international activism is one of the newest and most important trends in global affairs. This monograph (translated into traditional Chinese characters) analyzes how China defines its international objectives, how it is pursuing them, and what it means for U.S. interests.

    May 5, 2014

  • Hindu saints stand in line to cast their votes at a polling station in the western Indian city of Ahmedabad April 30, 2014

    Commentary

    India Votes — and What It Might Mean for the United States

    If elected, Modi could turn out to be the politician that India's Congress accuses him of being, focusing on an internal agenda that discourages foreign engagement. The U.S. would no doubt prefer that he follow the economic course he charted in Gujarat.

    May 5, 2014

  • Mumbai city skyline

    Project

    South Asia Regional Trade and Investment Policy

    RAND identified and assessed the role of political economy and non-tariff factors that have impeded regional integration, and developed policy recommendations to promote regional integration in South Asia.

    Apr 18, 2014

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