Much foreign direct investment is between high-income countries, but investment in some developing and transition regions, while still modest, grew rapidly in the 1990s. Adjusting for market size, much investment stays close to home; adjusting for distance, much heads toward the countries with...

"The upcoming U.S. presidential election presents an opportunity to confirm, better define, or redefine America's role in the world. Economic power and policy will have an important place in any conception of the United States' role in the world. This report presents the strategic choices...

"The coronavirus disease 2019 (COVID-19) pandemic upended the global economy, resulting in large losses of gross domestic product worldwide. But by the time the pandemic was well into its second year, an unexpected pattern had emerged. The world's worst pandemic in a century accelerated previous...