Peterson Institute Blog

Peterson Institute Blog

Peterson Institute for International Economics

Find out what our senior staff and colleagues have to say about current economic news, financial developments, regional and country issues, and public policy.


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PIIE: Peterson Institute for International Economics · 1 August 2024 English

Manufacturing jobs, once the backbone of the modern US economy, have declined over recent decades, darkening opportunities for middle-class advancement. The same trend has occurred in many countries, from Europe …


PIIE: Peterson Institute for International Economics · 30 November 2023 English

This paper explores the fiscal implications for countries of global climate mitigation in the medium term. If climate action is unilateral, it might be limited in scope and rely more …


PIIE: Peterson Institute for International Economics · 30 November 2023 English

The US Congress and president are taking increasingly longer to enact federal spending laws each year, leaving fiscal priorities in limbo for much of the year. The lengthening delays disrupt …


PIIE: Peterson Institute for International Economics · 18 October 2023 English

The world’s largest greenhouse gas emitters need to collaborate to address climate change while preserving trade relations. Together, China, the United States, and the European Union account for 60 percent …


PIIE: Peterson Institute for International Economics · 26 June 2023 English

South Korea undertook a number of important fiscal steps in 2020-21 to fight the COVID-19 pandemic. Key policies it adopted were common to most advanced economies, including transfers to support …