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

  • U.S. President Trump just before signing a proclamation declaring his intention to withdraw from the Iran nuclear agreement, May 8, 2018

    Commentary

    The Strategic Fallout of U.S. Withdrawal from the Iran Deal

    President Trump withdrew from the Iran nuclear agreement. What will happen next? Friction between the United States and its European allies will likely increase, while Iran moves closer to China and Russia. Also, the resentment of a new generation of Iranians toward America is likely to grow.

    May 10, 2018

  • Report

    Managing International Borders: Balancing Security with the Licit Flow of People and Goods

    This Perspective builds on global best practices and lessons learned from other established border management solutions and proposes opportunities to strengthen security while improving the flow of travelers and goods.

    May 9, 2018

  • Containers at the Yangshan Deep Water Port in Shanghai, China, April 24, 2018

    Commentary

    The Greater Danger of U.S.-China Trade Tensions

    Trade tensions between the United States and China could escalate into a full-blown trade war, with ramifications for economic ties and the global economy. The long-term danger, however, is that tensions could begin to undercut the interdependence that has been so essential to keeping strategic competition between the two giants in check.

    May 9, 2018

  • U.S. President Trump holds up a proclamation declaring his intention to withdraw from the JCPOA Iran nuclear agreement after signing it at the White House, May 8, 2018

    Commentary

    The U.S. Is Out of the Iran Deal. What Now?

    Abandoning the nuclear agreement with Iran isolates the United States, reneges on an American commitment, adds to the risk of a trade war with U.S. allies and a hot war with Iran, and diminishes the prospects of an agreement to eliminate the North Korean threat.

    May 9, 2018

  • Report

    The Future of Arctic Cooperation in a Changing Strategic Environment: Insights from a Scenario-Based Exercise Organised by RAND and Hosted by NUPI

    This Perspective summarises the results of a table-top exercise on factors that could upset Arctic cooperation in the 2020 decade. While this exercise confirmed the solidity of cooperation, it also identified "wild cards" that could create tensions.

    May 8, 2018

  • Chinese President Xi Jinping delivers his speech at the closing session of the National People's Congress (NPC) at the Great Hall of the People in Beijing, China, March 20, 2018

    Commentary

    Recalibrate, Rather Than Abandon, U.S. China Policy

    China does not necessarily seek to succeed the U.S. as the world’s superpower, especially if such a mantle would impose on it real and/or perceived obligations for steering global affairs. What is the verdict, then, on America’s China policy, and where should the two countries go from here?

    May 8, 2018

  • Russian President Vladimir Putin walks down the stairs after an inauguration ceremony in Cathedral Square at the Kremlin in Moscow, Russia, May 7, 2018

    Commentary

    Russia Chooses Autarchy—and Isolation—Over Cooperation

    Russia says it is ending a centuries-long quest to join the West and preparing for “100 years of geopolitical solitude.” If Russia goes this way it will be because of its own unwise policies, not a Western cold shoulder.

    May 7, 2018

  • Illustration of a globe deconstructed

    Report

    Building a Sustainable World Order

    The growing threat to the rules-based postwar order is a defining feature of current discussions about world politics. A two-year project explored the existing international order, assessed the challenges facing it, and recommended policies to advance U.S. interests.

    May 3, 2018

  • An American flag after a sunset

    Commentary

    What Role Will the United States Play in the World?

    Under the leadership of President Trump, the United States is questioning the net strategic benefits of its participation in the postwar order as never before. Foreign policy priorities are increasingly disconnected from the day-to-day concerns of most Americans.

    Apr 30, 2018

  • Report

    Strengthening U.S.-ROK Relations in the New Administrations of the United States and South Korea: Findings from an October 2016 RAND Corporation Conference

    This summary outlines presentations and discussions from an October 2016 conference on relations between the United States and the Republic of Korea, with a focus on strengthening regional security and economic relations.

    Apr 27, 2018

  • The Eiffel tower is illuminated in green with the words "Paris Agreement Is Done" to celebrate the Paris U.N. COP21 Climate Change agreement in Paris, France, November 4, 2016

    Report

    U.S. Policy in Asia Under the Trump Administration

    A conference on U.S. policy in Asia explored the arenas of U.S.-Asia engagement, developed an understanding of the outcomes of past interaction, and made the case for the terms of future engagement. Topics included climate change, trade and investment, national security, human rights, and macroeconomic issues.

    Apr 18, 2018

  • U.S. President Donald Trump greets Japan's Prime Minister Shinzo Abe prior to their bilateral meeting at Trump s Mar-a-Lago estate in Palm Beach, Florida U.S., April 17, 2018

    Commentary

    Why the U.S.-Japan Summit Matters

    After a year and half of relative stability, the The United States and Japan now must talk about difficult issues in which they have vested interests. As allies, and close friends, they could both benefit from reconfirming common goals and establishing a set of strategies to deal with challenges.

    Apr 17, 2018

  • Honour guards at the Great Hall of the People in Beijing, China, July 4, 2016

    Commentary

    To Protect Interests Abroad, China Will Feature a Diverse Array of Military, Non-Military Forces

    As Beijing grapples with the realities of an economy increasingly susceptible to disruption from distant influences, experts debate how the Chinese military might protect overseas interests. Some have speculated that China may seek a military like that of the United States. Others have dismissed such a possibility.

    Apr 9, 2018

  • Iran flag and ICBM

    Commentary

    The Iran Deal Will Survive, at Least for Now

    A U.S. unilateral withdrawal from the Iran nuclear deal does not necessarily mean the deal will collapse. But a broader collapse of the agreement along with the imposition of harsh sanctions in the coming months could sharply escalate tensions with Iran.

    Apr 4, 2018

  • The U.S. embassy in Moscow, Russia, March 27, 2018

    Commentary

    Moscow Is Going Too Far

    Russia has become more daring with the West with its retaliatory expulsions and may face a high price. An angered West could turn from expulsions to economic countermeasures.

    Apr 3, 2018

  • News Release

    To Protect Overseas Interests, China Likely to Rely More on Contractors and Host Nation Forces Than Its Own Military

    China is far less likely to involve its military in security activities abroad than has been the case for the United States or for imperial powers of previous centuries. To bolster security for the Belt and Road Initiative and other economic activities abroad, China will instead rely heavily on civilian contractors and host nation-provided forces, with Chinese military and paramilitary forces playing an important but limited role.

    Mar 27, 2018

  • A U.S. gunnery officer discusses techniques with Chinese sailors before a joint counter-piracy exercise in the Gulf of Aden, August 24, 2013

    Report

    How China Is Pursuing Overseas Security

    Thousands of China's commercial enterprises are located overseas. Millions of its citizens travel abroad each year. To protect its interests from maritime piracy, civil conflict, and other threats, China is likely to rely more on contractors and host nation forces than its own military. What will this mean for the United States?

    Mar 26, 2018

  • Russian President Vladimir Putin meets with co-chairs of his campaign office at the Kremlin in Moscow, Russia, March 19, 2018

    Commentary

    Putin Can Learn from Gorbachev on How to Gain from Future U.S. Talks

    Vladimir Putin has won a flawed election to a fourth term as Russia's president, and Donald Trump has suggested the two will likely meet soon. For the Kremlin leader, however, a summit may draw shortcomings into sharper relief. If the two presidents meet, several key issues will await them.

    Mar 22, 2018

  • Report

    Getting Out from "In-Between": Perspectives on the Regional Order in Post-Soviet Europe and Eurasia

    The perspectives collected in these conference proceedings explore alternatives to the current approaches to the regional order for the states "in between" the West and Russia -- Ukraine, Belarus, Moldova, Georgia, Armenia, and Azerbaijan.

    Mar 8, 2018

  • U.S. Secretary of State Rex Tillerson (R) meets with Chinese State Councilor Yang Jiechi at the State Department in Washington, U.S., February 8, 2018

    Commentary

    Book Review: Safe Passage: The Transition from British to American Hegemony

    In Safe Passage: The Transition from British to American Hegemony Kori Schake discusses the world's peaceful transition from British Empire to United States preeminence. She also considers the implications of her analysis for the present dynamics between a preeminent United States and a resurgent China.

    Mar 7, 2018

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