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2. What Happens If the United States Leaves the WTO?
- Author:
- James Bacchus
- Publication Date:
- 06-2026
- Content Type:
- Policy Brief
- Institution:
- The Cato Institute
- Abstract:
- Aresolution before Congress calls for US withdrawal from the World Trade Organization (WTO). Both international law and US law permit withdrawal. The case for withdrawal, however, is misguided and misinformed. Much of what is said and widely believed about the effects of WTO membership on the United States is simply untrue. In fact, American membership in the WTO has been for decades and remains today enormously beneficial economically to US businesses, workers, and consumers. Withdrawal by the United States from the WTO would result in the loss of many of these economic benefits, including those derived from decades of accumulated trade commitments made by the 165 other member countries on thousands of different US goods and services traded within the WTO legal framework; those resulting from the commercial shield of WTO rules forbidding trade discrimination against US exports; and those emanating from the availability to the United States of an impartial, binding, and enforceable system of WTO trade dispute settlement. Moreover, withdrawal by the United States would cede US leadership in the WTO to other leading trading countries, including the second-largest trading country in the world, China. Trade is a win-win economically for all WTO members. WTO membership maximizes the overall economic gains from engaging in trade. The United States should remain in the WTO and help lead it toward needed reforms that will make it more beneficial to all in the modern global economy of the 21st century.
- Topic:
- Economics, Geopolitics, Trade, and WTO
- Political Geography:
- North America and United States of America
3. The New Development Bank’s Contribution to the Energy Transition Process in the BRICS Countries (2016-2023)
- Author:
- Maria Elena Rodriguez, Rafaela Mello Rodrigues de Sá, Octávio Henrique Alves Costa de Oliveira, and Renan Guimarães Canellas de Oliveira
- Publication Date:
- 12-2026
- Content Type:
- Policy Brief
- Institution:
- BRICS Policy Center
- Abstract:
- Considering the growing relevance of the Multilateral Development Banks (MDBs) in the task of financing the global energy transition process, it is important to understand the efforts of these institutions to establish projects aimed at reducing carbon emissions in the most diverse sectors of the economy, and especially in the energy sector. This document looks specifically at the role that the New Development Bank (NDB) plays in this process, presenting an overview of its loan portfolio and targets in terms of contributions to the energy transition process. The NDB, also known as the BRICS Bank, stands out in its institutional strategies in the area of Clean Energy, one of its operational objectives, setting a target for the year 2026 of directing 40% of all its financing to projects aimed at climate change, including operations that contribute to the energy transition (NDB, 2022a, p. 28).
- Topic:
- Development, Banks, BRICS, Energy Transition, and Multilateral Development Banks (MDBs)
- Political Geography:
- Russia, China, Iran, Indonesia, India, South Africa, Brazil, Ethiopia, Egypt, and United Arab Emirates
4. China’s Digital Silk Road: Outlines and Implications for Europe
- Author:
- Maria
- Publication Date:
- 02-2025
- Content Type:
- Policy Brief
- Institution:
- International Centre for Defence and Security - ICDS
- Abstract:
- The Digital Silk Road (DSR) is part of China’s Belt and Road Initiative (BRI) that encompasses infrastructure projects, trade and financial agreements, and cultural and defence cooperation with over 140 countries worldwide. Bringing the digital component into the BRI seamlessly advanced Beijing’s ambition of taking a leadership position in the technology sector. The DSR not only speaks across regions but also goes beyond the technology infrastructure, which raises two critical concerns by giving China leverage to advance the digital authoritarian governance model and jeopardizing data privacy. To mitigate these risks and reduce reliance on China, the EU must find alternatives by collaborating with trusted partners and diversifying supply chains. First, the EU can expand its technological landscape and engage nations in the Global South and the Indo-Pacific. Second, it must develop and enforce regulatory mechanisms to prevent Chinese state agencies from misusing sensitive data.
- Topic:
- Science and Technology, Infrastructure, European Union, Belt and Road Initiative (BRI), Information Technology, and Digital Silk Road (DSR)
- Political Geography:
- China, Europe, and Asia
5. What Does It Mean for Agencies to Be Effective in a Changing Development Landscape?
- Author:
- Rachael Calleja, Sara Casadevall Bellés, and Beata Cichocka
- Publication Date:
- 01-2025
- Content Type:
- Policy Brief
- Institution:
- Center for Global Development (CGD)
- Abstract:
- For official bilateral development agencies, the realities of providing effective development cooperation are increasingly complex, as competing demands and changing international and domestic contexts are raising fundamental questions around what it means to be an effective agency. This paper explores the concept of agency effectiveness to demonstrate why agencies – and their leadership – should consider how their structures and processes interact with the changing landscape as part of their efforts to remain relevant and resilient. To do so, we consider how the current challenges facing agencies – including the need to respond to climate change, global instability, and changing domestic political environments – affect why agencies act, what they do, and how they do it. We then explore dominant understandings of agency effectiveness, which provide a lens for thinking about what it may mean for agencies to be effective in the years ahead. Overall, we suggest that the challenges facing development agencies in the changing landscape raise key issues for agencies to consider, particularly around what they prioritise, how they are structured, and the capabilities or ways of working needed to respond to complex demands. While there is unlikely to be a single approach for agencies looking to adapt to changing contexts, considering the implications of new – and future – pressures for the work of development agencies will be a necessary first step towards supporting their resilience and relevance in the years ahead.
- Topic:
- Development, Humanitarian Aid, and Economic Development
- Political Geography:
- Global Focus
6. Aligning International Banking Regulation with the SDGs
- Author:
- Liliana Rojas-Suarez
- Publication Date:
- 02-2025
- Content Type:
- Policy Brief
- Institution:
- Center for Global Development (CGD)
- Abstract:
- Basel III—the international standard for banking regulation—has strengthened global financial stability but has also led to unintended consequences that may hinder progress toward key Sustainable Development Goals (SDGs). This paper examines how Basel III’s regulatory framework may restrict bank lending to SMEs (impacting SDG 10) and constrain infrastructure finance (impacting SDG 8). Addressing these challenges requires refining risk assessment methodologies while preserving Basel III’s core objective: accurate risk evaluation. For SMEs, tailoring risk weights using local credit registry data can better reflect economic conditions in emerging markets. For infrastructure, recognizing it as a distinct asset class and leveraging credit risk mitigation tools could improve financing. Greater engagement from multilateral institutions, particularly the World Bank, is essential to advancing these solutions while maintaining financial stability.
- Topic:
- Regulation, Financial Stability, Banking, and Sustainable Development
- Political Geography:
- Global Focus
7. Planned Relocation of Climate-Vulnerable Communities: Preparing Multilateral Development Banks
- Author:
- Steven Goldfinch and Samuel Huckstep
- Publication Date:
- 02-2025
- Content Type:
- Policy Brief
- Institution:
- Center for Global Development (CGD)
- Abstract:
- Planned relocation of highly climate-vulnerable communities is becoming increasingly necessary as climate shocks become more frequent and intense. It is also becoming more feasible as modelling of future scenarios improves and adaptation limits become clearer. Despite this, many governments are underprepared for planning and implementing planned relocation projects. In the absence of an intergovernmentally agreed framework or set of principles on planned relocation, development finance, and specifically climate finance, is not well positioned to respond to this emerging demand from countries. This is heightened by a widespread absence of coherent domestic policies, and by institutional gaps in international assistance. Multilateral development banks, in particular, could be well-placed to fill this gap. They have extensive experience in undertaking relocation projects, including in contexts of climate adaptation. Multilateral development banks will increasingly field borrower country demand for both technical and financial assistance. They are, however, not yet prepared to meet this demand, nor are countries adequately equipped to make applications for support. This paper outlines emerging public policy regarding planned relocation, draws from existing standards on development-forced displacement and resettlement, and explores entry points for development financiers in providing technical assistance and finance. The paper proposes recommendations to multilateral development banks and the global climate funds on engaging in this emerging area.
- Topic:
- Climate Change, Development, Refugees, Displacement, Resettlement, and Banking
- Political Geography:
- Global Focus
8. Current Dynamics in Syria and the Way Forward
- Author:
- Khogir Wirya
- Publication Date:
- 01-2025
- Content Type:
- Policy Brief
- Institution:
- Middle East Research Institute (MERI)
- Abstract:
- Recent events in Syria represent a turning point in the history of the Middle East, where internal dynamics are intertwined with regional and international ones. Syria is not just a theater for local conflicts, but has become an arena for competition between major powers, which directly affects the nature of possible solutions. Within this complex landscape, the Kurdish issue stands out as one of the most sensitive and urgent priorities, with its reciprocal impact on the other components of the Syrian conflict and the country’s future.
- Topic:
- Political stability, Syrian War, and Kurds
- Political Geography:
- Middle East and Syria
9. The Unraveling of Iran’s Regional Strategy
- Author:
- Yaakov Amidror
- Publication Date:
- 03-2025
- Content Type:
- Policy Brief
- Institution:
- Jerusalem Institute for Strategy and Security (JISS)
- Abstract:
- Hezbollah’s decline, Syria’s collapse and Iran’s strategic failures have reshaped the region. No new threats can be allowed to emerge
- Topic:
- Hezbollah, Proxy Groups, Regional Politics, and Regional Security
- Political Geography:
- Iran, Middle East, Lebanon, and Syria
10. Translating Trump’s Disruptive Diplomacy into a New Reality in Gaza
- Author:
- Eran Lerman
- Publication Date:
- 02-2025
- Content Type:
- Policy Brief
- Institution:
- Jerusalem Institute for Strategy and Security (JISS)
- Abstract:
- The turmoil caused by President Donald Trump’s statements regarding the future of Gaza – which include the eviction of its population, American governance, the creation of a “Middle Eastern Riviera,” and an ultimatum demanding the release of all hostages – highlights two key issues on which Trump’s positions appear self-contradictory. The call for the release of all hostages (and hence perhaps an end to the war) seems at odds with the administration’s firmly held view that Hamas must no longer be the ruling power in Gaza. At the same time, the call for Palestinians to leave Gaza contradicts the traditional commitment to America’s Arab friends (and clients). The stability of the regimes in Egypt and Jordan, if pushed to take the Gazans and punished for their refusal, could be endangered – despite King Abdullah’s efforts to mollify Trump during his visit to Washington. The future of their peace treaties with Israel would also be threatened. The Saudis too have responded abruptly, reiterating their support for Palestinian demands. Consequently, the region has been thrust into a state of crisis.
- Topic:
- Foreign Policy, Diplomacy, Donald Trump, 2023 Gaza War, and Hostages
- Political Geography:
- Middle East, Israel, Palestine, Gaza, and United States of America