Blockchain technologies will play an increasing role in international trade. Using blockchain to track the origins of raw materials and follow domestic and international supply chains can help meet the increasing demand for consumer information about globally produced goods, providing more transparency and accuracy about a product’s long journey to the store.
Economic sanctions are a controversial foreign policy tool used by governments to punish or curb a variety of unwanted behaviors such as human rights violations, terrorism and cybersecurity incursions. Here’s a closer look at how sanctions have been used, what form they take, and the U.S. process for enacting and administering them.
The Asia-Pacific Economic Cooperation (APEC) is an incubator of trade policy ideas and a pragmatic driver of initiatives in emerging areas of trade that matter not only to the Asia-Pacific region, but also globally. Digital trade is one case study that shows how APEC serves as a building block in the iterative process of co-creating norms for trade.
Over 70 percent of water consumed globally is poured into crop and livestock production. But the water we need to drink, to grow food, and to produce industrial goods is under stress and becoming scarcer in parts of the world. What kinds of solutions offer better opportunities for managing scarce water resources to ensure we can continue growing enough food?
When it comes to variety meats, the best prices can typically be found in foreign countries where offal is more popular. International trade allows the U.S. meat industry to capitalize on differences in consumer preferences and maximize value.
The Monk of Mokha by Dave Eggers, the miraculous true story of a young Yemeni-American man who grew up in one of San Francisco’s poorest neighborhoods and overcame seemingly impossible obstacles to export coffee from Yemen in the midst of a raging civil war.
If you haven’t been in a bookstore lately, now is the time to close up your laptop and seek out the Spring 2019 edition of Lapham’s Quarterly dedicated to the topic of trade. The journal takes you through time through the eyes of those who trade, from an Assyrian king to an American mink maker testifying last year on the impact of a tariff war with China.
Until recently, the gains from commercial use of space manifested primarily in the growing use of satellites that enable precise navigational maps in your car and the dish on your roof to channel satellite television into your home. A new era is dawning in which private companies routinely launch payloads into space. We’re a long way off from having the framework of rules we might need here on Earth to accommodate the take off of the global space industry.
Today’s biggest trade trends in 8 colorful and easy-to-share charts. Topics include world’s largest importers and exporters, China’s explosive growth, Japanese investment in the United States, global oil flows, and more.
Polar caps in the Arctic are receding, creating access to new trade routes for parts of the year. The routes are valuable short cuts for global trade but the waterways are precarious to navigate with unpredictable weather, the need for specialized icebreaking ships, and the necessity to operate at slower speeds, all of which make the routes less commercially reliable and partially offset the savings in time and fuel. So why are Russia and China racing other major powers to gain control of these waterways?