Global Markets

The CSIS Chair on India and Emerging Asia Economics and the Trustee Chair in Chinese Business and Economics provide in-depth analysis on the domestic markets of foreign nations such as India and China and their global implications. 

Photo: diy13/Adobe Stock

Photo: diy13/Adobe Stock

Preserve the Dealmaking Capability of the Millennium Challenge Corporation

Modifying, not shuttering, the MCC will advance U.S. global leadership, economic interests, diplomatic influence, and a strategic “America First” agenda. Losing MCC’s capabilities cedes ground to China.

Report by Daniel F. Runde and Richard Crespin — April 25, 2025

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Phil Luck

Philip Luck

Director, Economics Program and Scholl Chair in International Business
Erin L. Murphy

Erin L. Murphy

Deputy Director, Chair on India and Emerging Asia Economics and Senior Fellow, Emerging Asia Economics
Scott Kennedy

Scott Kennedy

Senior Adviser and Trustee Chair in Chinese Business and Economics
5Mazzocco

Ilaria Mazzocco

Deputy Director and Senior Fellow, Trustee Chair in Chinese Business and Economics

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The Limits of Chip Export Controls in Meeting the China Challenge

Export controls alone cannot substitute for comprehensive industrial and research policy measures necessary to ensure U.S. leadership in semiconductor design, production, and infrastructure.

Commentary by Sujai Shivakumar, Charles Wessner, and Thomas Howell — April 14, 2025

Innovation Lightbulb: Not Just Attracting But Retaining International STEM Students

While the United States remains the top destination for international students, a factor that has historically helped the country maintain a competitive edge, this advantage is increasingly at risk if U.S. STEM graduates are not retained in the newly competitive global market for high skills.

Newsletter by Julie Heng and Yutong Deng — April 11, 2025

The Truth of the Matter

Brief: What to Expect from Tariffs

In this special episode of The Truth of the Matter, Andrew is joined by CSIS's Philip Luck, director of the CSIS Economics Program and Scholl Chair in International Business, to discuss the new tariffs set to take effect on April 2 and their impact on Americans and the global economy.

Podcast Episode by H. Andrew Schwartz and Philip Luck — March 31, 2025

CSIS the truth of the matter

Fighting a Trade War Could Mean Losing the Tech War

Navin Girishankar argues that the enduring test of the America First Trade Policy is its impact on the United States’ ability to innovate and scale critical and emerging technologies.

Commentary by Navin Girishankar — March 28, 2025

Back & Forth 3: Do Sanctions Work?

In the third issue of Back & Forth, Nick Kumleben and CSIS’s Philip A. Luck and Andrea Leonard Palazzi debate the efficacy of sanctions as a tool of economic statecraft, focusing on the sanctions on Russia.

Commentary by Nick Kumleben, Philip Luck, and Andrea Leonard Palazzi — March 19, 2025