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

  • U.S. Secretary of State John Kerry in front of Palais Coburg, the venue for the Iran nuclear talks, Vienna, Austria, July 5, 2015

    Commentary

    Here's What Will Happen If the Iran Deal Falls Through

    Even a strong nonproliferation agreement that prevents all pathways toward the Iranian bomb won't magically transform the Middle East. But on balance, the region would be better off with a good nuclear deal than without one.

    Jul 7, 2015

  • Report

    RAND Review: July-August 2015

    This issue of RAND Review reports on the economic costs of the Israeli-Palestinian conflict, healthy menu options for food trucks, ways to bridge the civilian-military gap, the depiction of terrorism on television, and more.

    Jul 2, 2015

  • Iran's President Hassan Rouhani arrives to attend the closing statement for the Asian-African Conference in Jakarta April 23, 2015

    Commentary

    Who Benefits from Iran Sanctions Relief?

    More than $100 billion of Iranian oil proceeds are “frozen” in foreign bank accounts under the current sanctions regime. The repatriation of Iran's money would no doubt boost a flagging economy.

    Jul 2, 2015

  • Pro-Euro protestors hold Greek national flags during a rally in front of the parliament building, in Athens, Greece, June 30, 2015

    Commentary

    The Political Solution to the Greek Financial Crisis

    The outcome of Greece's financial crisis will have broad consequences for its already-devastated economy and, to a considerable extent, for the rest of Europe. The core problem is less about economics than about politics.

    Jun 30, 2015

  • Greek Prime Minister Alexis Tsipras at the St. Petersburg International Economic Forum, June 19, 2015

    Commentary

    Greek Financial Crisis: All You Need to Know

    Europeans should not rush to eject the Greeks from either the euro or the E.U. They should have the patience to let Greek politics run its course.

    Jun 21, 2015

  • Pakistani Army Chief General Ashfaq Parvez Kayani talks with Royal Saudi Land Forces Commander Lieutenant General Khalid Bin Bandar Bin Abdul Aziz Al-Saud at a joint military exercise in Mangla, Pakistan, October 6, 2011

    Commentary

    What Pakistan and Saudi Arabia Want from Each Other

    Whatever overlapping interests they may have in dangerous groups like Lashkar-e Taiba, the Saudis and Pakistanis have much bigger reasons for seeking each other's friendship. These reasons may be largely transactional, but the transaction has been a mutually beneficial one for nearly 40 years.

    Jun 17, 2015

  • A farmer in China inspects his rice

    Blog

    Reaching the 80 Percent: Q&A with Krishna Kumar

    Krishna Kumar discusses studying agriculture in China, low-income housing in India, and labor markets in Bangladesh, and how research can help the developing world.

    Jun 15, 2015

  • Report

    Puzzles, Paradoxes, Controversies, and the Global Economy

    In this wide-ranging collection of essays first published between 2007 and 2014, Charles Wolf Jr. shares his insights on the world's economies, including those of China, the United States, Japan, Korea, India, and others.

    Jun 1, 2015

  • Glass globe on graph of world economies and currency

    Blog

    Puzzles, Paradoxes, Controversies, and the Global Economy

    In a wide-ranging collection of essays first published between 2007 and 2014, Charles Wolf Jr. shares his insights on the world's economies, including those of China, the United States, Japan, Korea, India, and others.

    Jun 1, 2015

  • Testimony

    Critical Materials, U.S. Import Dependence, and Recommended Actions: Addendum

    Document submitted on May 26, 2015 as an addendum to testimony presented before the Senate Energy and Natural Resources Committee on May 12, 2015.

    May 27, 2015

  • Chinese President Xi Jinping speaks during a news conference in Beijing, November 12, 2014

    Commentary

    China's Emerging Vision for World Order

    China's mulling of the risks and benefits of assuming greater global responsibility reveals its judgment that it can't entrust the protection of its interests to U.S. goodwill.

    May 21, 2015

  • Russia's President Vladimir Putin and China's President Xi Jinping at their meeting at the Kremlin in Moscow, May 8, 2015

    Commentary

    How Durable Is the China-Russia 'Friendship?'

    Though China and Russia share key economic interests and oppose what they claim to be a U.S.-dominated world order, their relationship over time promises to be uneven and tense.

    May 13, 2015

  • Tungsten or wolframite ore

    Testimony

    Critical Materials and U.S. Import Dependence

    The United States is vulnerable to export restrictions that limit access to raw materials that are critical to manufacturing. This can hinder the competitiveness of U.S. manufactures and create pressure to move manufacturing out of the country. But there are ways to address the potential for supply disruptions of critical materials.

    May 12, 2015

  • Cypriot President Nicos Anastasiades and Egyptian President Abdel Fattah al-Sisi observe a guard of honour at the Presidential Palace in Nicosia, April 29, 2015

    Commentary

    Seduced by a Strongman?

    It is not true that domestic politics can be quarantined from foreign policy. In fact, Egypt's domestic and foreign policies are becoming more entangled by the day. And that bleed-over should raise concerns.

    Apr 30, 2015

  • News Release

    China Not a Threat to U.S. National Security Interests in Africa

    The United States should keep China's activities in Africa in perspective. While commercial competition is almost certain, there is little ground for geopolitical and ideological rivalry. The leaders of the two nations disagree about political norms but both seek stability in Africa.

    Apr 22, 2015

  • South African President Jacob Zuma and Chinese President Xi Jinping attend a signing ceremony at the Great Hall of the People in Beijing December 4, 2014

    Report

    China Is Not a Threat to U.S. National Security Interests in Africa

    The United States should keep China's activities in Africa in perspective. While commercial competition is almost certain, there is little ground for geopolitical and ideological rivalry. The leaders of the two nations disagree about political norms, but both seek stability in Africa.

    Apr 22, 2015

  • Britain's Prime Minister David Cameron prepares to speak as he returns to Number 10 Downing Street on March 30, 2015

    Commentary

    Letter from London

    There is evidence of decisiveness and clarity in the UK's foreign policy outlook. Yet there is also ambivalence, partly explained by preelection domestic politics, some aspects of which challenge the very notion of the UK as a unitary foreign policy actor.

    Apr 21, 2015

  • China's Foreign Minister Wang Yi (L) with North Korea's Foreign Minister Ri Su Yong (R) in Naypyidaw, Myanmar, August 10, 2014

    Commentary

    China's North Korean Challenge

    China's North Korea policy seems to suffer from inertia and fear of upsetting the fragile status quo. The enduring goal is to defend Beijing's vital interests by all necessary means. These include preventing domestic insecurity and maintaining a stable buffer state at the gateway to China's political and economic heartland.

    Apr 3, 2015

  • An Iraqi soldier rides in an armoured vehicle in Salahuddin province, Iraq, March 4, 2015, where Islamic State militants set fire to oil wells in the Ajil field east of the city of Tikrit to try to hinder aerial attacks aimed at driving them from the oilfield

    Commentary

    Oil Bonanza: Good News for the World

    World oil prices have fallen by more than 40 percent since June 2014 and over the next several years prices are more likely to fall than to rise. The global economy will benefit hugely from this shift, and it's possible that global security will also benefit from lower oil prices.

    Mar 31, 2015

  • U.S. Energy Secretary Ernest Moniz, U.S. Secretary of State John Kerry, Iran's Foreign Minister Mohammad Javad Zarif, and the head of the Atomic Energy Organization of Iran Ali Akbar Salehi before resuming talks over Iran's nuclear program in Lausanne, March 16, 2015

    Commentary

    Don't Scare Off Investors from Iran

    Non-American corporations must decide whether the benefits of pursuing business opportunities in Iran outweigh the risks, and they will likely stay away as long as Congress keeps debating the imposition of new sanctions. Their reluctance to invest could prevent Iran from seeing the economic benefits of a nuclear deal.

    Mar 27, 2015

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