Reimagining American Economic Leadership

Introducing RealEcon

A CFR initiative to assess the role of the United States in the international economy, analyze what is at stake for the American people, and identify the trade-offs in different policy approaches.

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Introducing RealEcon

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A regular series on the choices faced by international economic policymakers

Onshoring Semiconductor Production: National Security Versus Economic Efficiency

Policymakers are increasingly concerned by the U.S.’s dependence on Taiwanese semiconductors. Is onshoring their production to the U.S.—a goal of the CHIPS and Science Act—a practical path forward?

A wafer can be seen as taiwanese chip giant TSMC holds a ceremony to start mass production of its most advanced 3-nanometer chips in the southern city of Tainan, Taiwan December 29, 2022.

Article by David Sacks and Seaton Huang

A Tricky Balance for Development Banks and the Developing World

Article by Heidi Crebo-RedikerSebastian Mallaby, and Brad W. Setser

Weighing the Pros and Cons of Global Trade Leadership

Article by Inu ManakEdward Alden, and Jennifer Hillman

More From RealEcon

First Stop Florida: RealEcon Asks Americans About U.S. Economic Leadership

Building a durable consensus for U.S. economic leadership requires listening to what Americans think. The first stop in the RealEcon team's listening tour was Florida.

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