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Why Global Supply Chains Still Matter: A Clear Explainer
From microchips to medicines, modern life depends on supply chains that span the globe. This explainer covers how they work, why…
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International affairs, diplomacy, conflict and the forces shaping the global order.
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What Is Soft Power in Global Affairs?
Soft power is the ability to get what you want through attraction and persuasion rather than force or payment. This explainer…
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How Exchange Rates Work
An exchange rate is simply the price of one currency in terms of another. This explainer covers floating and fixed regimes, what…
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What the United Nations Actually Does
The United Nations is a forum where nearly every country in the world meets to manage shared problems. This explainer covers its…
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How International Trade Works
International trade is the exchange of goods and services across borders. Here is why countries trade, how comparative advantage…
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What Is GDP? A Plain-English Guide
GDP is the total value of everything a country produces in a period, and the headline gauge of the economy's size. Here is how it…
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What Is Globalisation? Pros, Cons and Debates
Globalisation is the growing integration of economies, cultures and people across borders. This explainer covers what drives it…
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What Is the IMF? The International Monetary Fund Explained
The International Monetary Fund is a global financial institution that promotes monetary stability and lends to countries in…
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What Are Tariffs? How Import Taxes Work
A tariff is a tax a government places on imported goods. This explainer covers the main types of tariff, who actually pays them…