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.

  • British and European Union flags in a cloudy sky, photo by themotioncloud/Getty Images

    Report

    Further Trade Uncertainty Due to Brexit Could Cost UK Billions

    Jan 28, 2020

    The UK's official departure from the EU only ends the first phase of trade uncertainty related to Brexit. Costs to the UK economy are likely to continue during the UK–EU renegotiation period and will increase over time. By the end of 2020, UK GDP could decrease by $5.5 billion (£4.4bn).

  • Russian President Vladimir Putin takes part in a video link, held by leaders from the Group of 20 to discuss the coronavirus pandemic and its economic impacts, at his residence outside Moscow, Russia, March 26, 2020, photo by Alexei Druzhinin/Sputnik Photo Agency/Reuters

    Commentary

    How the Global Community Can Cooperate to Defeat COVID-19 and Recover

    Apr 28, 2020

    The G20 met in an extraordinary virtual summit March 26 to discuss the shared global challenge of COVID-19. G20 countries could show the way for the rest of the world to cooperate on present challenges and prepare for public policy challenges moving forward.

Explore International Economic Relations

  • Blog

    Drug Spending, Back to School, Korean Unification: RAND Weekly Recap

    This weekly recap looks at illegal drug spending, the problem of waking up early for school, possible paths toward Korean unification, and more.

    Aug 23, 2019

  • Shipping containers at the port in San Pedro, California, March 22, 2018, photo by Bob Riha Jr./Reuters

    Commentary

    Trump's Tariffs Against China Aren't Working. And There's No Quick Resolution in Sight

    Washington's go-it-alone approach to its trade disputes with China is imposing a high and growing cost on the U.S. economy. It could even threaten global prosperity. What's more, there's no quick resolution in sight.

    Aug 20, 2019

  • Aerial view of islands in Palau, photo by Lightning Strike Pro/Adobe Stock

    Report

    America's Pacific Island Allies

    Micronesia, the Marshall Islands, and Palau are subject to growing Chinese influence. U.S. funding to and engagement with these Pacific Island nations are key to America's defense and foreign policy goals.

    Aug 6, 2019

  • Two king chess pieces with United States and China flags, photo by MicroStockHub/Getty Images

    Commentary

    Yes, Sam Huntington Has Insights to Guide U.S. Competition with China

    Many U.S. observers believe that the United States is declining relative to China. The United States' long-term competitiveness will be served neither by assuming that China is fated to collapse on account of its internal contradictions nor by presuming that it is destined to preside over a world order with Chinese characteristics. Sustainable strategy requires a measured disposition.

    Jul 25, 2019

  • Boris Johnson arrives at the Conservative Party headquarters after being announced as Britain's next prime minister, London, July 23, 2019, photo by Toby Melville/Reuters

    Commentary

    A Challenging Moment for Boris Johnson

    As Britain's next prime minister, Boris Johnson will bring advantages, and disadvantages, in seeking to lead the United Kingdom through a period as challenging as the Suez Crisis or (perhaps) the darkest days of World War II.

    Jul 23, 2019

  • Game pieces on stacks of varying height, photo by Tero Vesalainen/Getty Images

    Commentary

    This Is Not a Great-Power Competition

    The emerging conventional wisdom among foreign policy analysts in Washington is that a new era of great-power competition is upon us. But does that phrase really capture today's reality?

    May 29, 2019

  • Journal Article

    External Threat, Internal Rivalry, and Alliance Formation

    Coalitions of rivals, while formidable against common threats, may find it difficult or impossible to avoid struggles among themselves even if they share an enemy.

    May 15, 2019

  • 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.

    May 13, 2019

  • Russian President Vladimir Putin, Chinese President Xi Jinping, and Egypt's President Abdel-Fattah el-Sisi at the 2017 BRICS Summit in Xiamen, China, September 5, 2017, photo by Kenzaburo Fukuhara/Reuters/Pool

    Testimony

    Russia and China in the Middle East: A New Era of Strategic Competition

    Increased Russian and Chinese engagement in the Middle East in recent years underscores that America is in a new period of strategic competition. To prevail, the United States needs to have a vibrant and productive economy, to protect the international order, and to invest in its network of allies and partners.

    May 9, 2019

  • Dice with UK and EU flags, and no deal and deal on sides, Photo by Rawf8/Getty Images

    Commentary

    Finding the Real Will of the People

    It's not surprising that the British Parliament is struggling to find a solution to the Brexit impasse. That's because the 2016 vote revealed nothing about the sort of Brexit people actually wanted. When researchers asked Brits to choose between four options in 2017, there was no obvious winner.

    Apr 30, 2019

  • People walk in front of a monitor showing news of North Korea's fresh threat in Tokyo, Japan, August 10, 2017, photo by Toru Hanai/Reuters

    Tool

    DPRK Sanctions: Countering DPRK Proliferation Activities

    This tool provides an understanding of sanctions regimes currently in force against the Democratic People's Republic of Korea.

    Apr 29, 2019

  • Blog

    School Reform, Sanctions, Russian Aggression: RAND Weekly Recap

    This weekly recap focuses on what educators think about school reform, the devastating impacts of economic sanctions, deterring Russian aggression in the Baltics, and more.

    Apr 19, 2019

  • Military delegates leave the Great Hall of the People after a meeting ahead of National People's Congress in Beijing, China, March 4, 2019, photo by Aly Song/Reuters

    Commentary

    Book Review: 'Unrivaled' by Michael Beckley

    In Unrivaled: Why America Will Remain the World's Sole Superpower Michael Beckley argues not only that U.S. preeminence is safer than most contemporary commentary would have one believe, but also that it is more resilient.

    Apr 18, 2019

  • Russian President Vladimir Putin and Chinese President Xi Jinping meet on the sidelines of the G20 leaders summit in Buenos Aires, Argentina, December 1, 2018, photo by Sputnik/Mikhail Klimentyev/Kremlin via Reuters

    Commentary

    A Warming Trend in China–Russia Relations

    The China–Russia relationship is indeed growing across military, economic, and political dimensions. But it is still more anchored in shared grievances than in common visions. Both countries contest U.S. interests, but in different ways. Washington should treat them as separate strategic challenges.

    Apr 18, 2019

  • Children walk as they hold stacks of bread at al-Hol displacement camp in Hasaka governorate, Syria, April 2, 2019, photo by Ali Hashisho/Reuters

    Commentary

    When Are Economic Sanctions Worthwhile?

    For American policymakers, economic sanctions are too often the soft choice between doing nothing and taking effective but risky or expensive action. Yet, before they inflict years, perhaps decades of impoverishment and worse on entire populations, they should ask if their efforts are likely to succeed and are worth punishing an entire people to do so.

    Apr 15, 2019

  • Men work on a damaged building in the northwestern province of Idlib, Syria, December 27, 2014, photo by Mahmoud Hebbo/Reuters

    Commentary

    The Syrian Civil War Is Coming to an End

    Coalition forces have driven ISIS from its final patch of territory in Syria. But the bigger challenge will be ending the ongoing civil war and rebuilding Syria to bring home millions of refugees and internally displaced people. This means creating a state that can provide safety, security, and opportunity that forestalls further rebellion and devastation.

    Apr 8, 2019

  • Britain's Prime Minister Theresa May speaks in Parliament ahead of a Brexit vote, in London, Britain, March 13, 2019, photo by UK Parliament/Jessica Taylor/Handout via Reuters

    Commentary

    Life After Brexit Need Not Be a Disaster for the UK

    Leaving the European Union without a deal will be costly for Britain. But there are actions that could be taken now to help improve the economic prospects of a fully independent UK.

    Mar 18, 2019

  • A man visits the Huawei Cyber Security Transparency Centre in Brussels, Belgium, March 5, 2019, photo by Yves Herman/Reuters

    Commentary

    Public Evidence of Huawei as a Cyber Threat May Be Elusive, but Restrictions Could Still Be Warranted

    Although a “smoking gun” of Huawei involvement in government-directed espionage remains elusive, the United States has compelling security and economic reasons to consider limiting the involvement of Chinese telecommunications companies in its domestic networks.

    Mar 7, 2019

  • Blog

    Syrian Workers, Iranian Spies, Jihadi Brides: RAND Weekly Recap

    This weekly recap focuses on jobs for Syrian refugees, Iran's efforts to spy on the United States, the complicated cases of jihadi brides, and more.

    Feb 22, 2019

  • A view of the cargo terminal of the Standard Gauge Railway line constructed by the China Road and Bridge Corporation and financed by the Chinese government, Nairobi, Kenya, May 31, 2017, photo by Thomas Mukoya/Reuters

    Commentary

    The Little-Known Security Gaps in China's Belt and Road Initiative

    China's Belt and Road Initiative focuses on developing infrastructure to connect Beijing to key hubs of economic activity throughout the world. But the more interests one has abroad, the more one has to protect.

    Feb 18, 2019

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