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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.

  • A man walking in the financial district of Pudong in downtown Shanghai, photo by Carlos Barria/Reuters

    Commentary

    The U.S.-China Crossover

    Mar 20, 2015

    According to the IMF, the U.S. and Chinese GDPs in 2015 are $18.4 trillion and $11.1 trillion, respectively. Current and impending conditions in both economies suggest that the estimates of when China will surpass the U.S. are likely premature, and by a substantial margin.

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

    Commentary

    Who Benefits from Iran Sanctions Relief?

    Jul 2, 2015

    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.

Explore International Economic Relations

  • U.S. Secretary of State John Kerry testifies before a House Foreign Affairs Committee hearing on the Iran nuclear agreement in Washington, July 28, 2015

    Commentary

    The Only Iran Deal Alternative Worth Considering

    Now is the time for Washington to prove its leadership and implement the Iran nuclear deal. The alternative is a major diplomatic defeat for America and an unrestricted Iranian nuclear program.

    Aug 30, 2015

  • Iran flag above Tehran skyline

    Commentary

    A Better Deal for Iran

    It is critical for lawmakers to understand there will be serious consequences for rejecting the Iran deal. And those consequences look a lot worse for the United States and its partners than for Iran.

    Aug 24, 2015

  • The three main members of the Eurasian Economic Union, Belarus' President Alexander Lukashenko, Kazakhstan's President Nursultan Nazarbayev, and Russia's President Vladimir Putin, meet in Astana March 20, 2015

    Commentary

    Eurasia Facing Tough Choices for the Future

    There is much to be said for Eurasia's rich ethnic, national, religious, and cultural diversity. In the economic sphere, however, Eurasians should reassess bad habits, such as weak property rights, centralized state control, and associated corruption.

    Aug 13, 2015

  • Myanmar pro-democracy leader Aung San Suu Kyi and China's President Xi Jinping meet at the Great Hall of the People in Beijing, China, June 11, 2015

    Commentary

    Aung San Suu Kyi's Trip to China: Sino-Myanmar Relations as the Countdown to the November Elections Begins

    For Aung San Suu Kyi and the rest of the National League for Democracy (NLD) delegation, meeting with Chinese leadership provided a forum for bilateral engagement with one of Myanmar's most important neighbors in the region, relations that will expand given the NLD's likely success at the polls in November.

    Aug 10, 2015

  • Protesters wave Armenian national flags during a rally against a hike in electricity prices in Yerevan, Armenia July 1, 2015

    Commentary

    It's Time to Reboot Our Relationship with Russia and Iran's Neighbors

    In implementing the prospective Iran nuclear agreement, the West cannot forget its engagement in the vulnerable South Caucasus. The Iran deal changes the equation for all three countries and perhaps opens new opportunities.

    Jul 28, 2015

  • Iranian President Hassan Rouhani at the Asian African Conference in Jakarta, April 22, 2015

    Commentary

    Post Deal, Can Rouhani Deliver on Promises of Reform?

    Rouhani was elected president because he offered hope; he claimed that the nuclear agreement would be the key to unlock or solve Iran's problems. But it will take more than that to make Iran a better place to live. Can he achieve his people's dreams? Is he even willing?

    Jul 24, 2015

  • A poster of Ayatollah Ali Khamenei, Hezbollah Secretary-General Sayyed Hassan Nasrallah, and others behind Iranian, Syrian, Lebanese, and Hezbollah flags during Resistance and Liberation Day celebrations in Bint Jbeil, Lebanon, May 25, 2014

    Commentary

    Global Terror Network Will Get a Boost from Iran Nuclear Deal

    Iranian sponsorship of terrorist organizations cannot be divorced from the negotiations because the sanctions that will be lifted provide new sources of funding to reinforce the Iran threat network. A global strategy to address the Iran threat network is essential to stability in the region.

    Jul 15, 2015

  • Iranian Foreign Minister Mohammad Javad Zarif waves after a plenary session at the UN building, Vienna, July 14, 2015

    Commentary

    The Iran Nuclear Deal: RAND Experts Answer Questions About the Days Ahead

    Diplomats have reached a nuclear agreement with Iran. Now, the United States faces important policy decisions that will help shape the days ahead and the relationship that emerges between Iran and the other parties involved.

    Jul 14, 2015

  • 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

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