In The News

Marian Blasberg, Georg Fahrion, Alexander Sarovic and Fritz Schaap April 15, 2020
The COVID-19 pandemic pushed government officials at all levels to place big orders for medical protective gear. Then suppliers cancel orders after the US president implemented the Defense Production Act, allowing the US government to commandeer supply chains, even convincing Chinese manufacturers to cancel contracts for products already paid for by other customers. “The World Trade Organization...
Philip Blenkinsop, April 15, 2020
The economic downturn from the COVID-19 pandemic disrupts supply chains and could reduce trade by up to a third. The World Trade Organization predicts a range between 13 and 32 percent, “a wide range because so much about the economic impact of the health crisis was uncertain,” reports Philip Blenkinsop for the World Economic Forum and Reuters. At the height of the 2009 debt crisis, trade dropped...
Michael J. D. Vermeer, Evan D. Peet April 14, 2020
Analysts anticipate that quantum computers will readily break encryptions of any type within the next 15 years, and RAND researchers urge government action to develop standardized post-quantum cryptography and review archives of encrypted materials. “If adequate implementation of PQC has not taken place by the time capable quantum computers are developed, it may become impossible to ensure secure...
April 14, 2020
Economic shutdowns worldwide aim to contain the COVID-19 pandemic, yet disrupt food industry supply chains. The challenges include both shortages and waste as market demand shifts from large institutions, resorts, hotels and restaurants to households. Many businesses cannot quickly redirect or repackage supplies for household use, and producers discard perishable goods with a short shelf life. “...
Mark Leonard April 13, 2020
Analysts are less certain that nations bound by trade might find it impossible to head to war. The US-China trade war and Britain’s embrace of Brexit signaled that decoupling was already underway. Then, the COVID-19 pandemic applied sudden brakes and exposed weaknesses. “Britain will be exiting into a totally different world, one defined by competing blocs and protectionism rather than...
Raphael S. Cohen April 13, 2020
As countries close borders to contain COVID-19 and consider new trading patterns for essential goods, analysts contemplate the end of globalization. Raphael S. Cohen, senior political scientist with Rand, refutes three sets of arguments. First, globalization has long endured destructive populism, deep divisions and pandemics. Second, viruses are part of the natural world, and the most competitive...
Bhadra Sharma and Kai Schultz April 12, 2020
Nepalese living under the Himalayas are suffering as the climate warms and must leave their homes to earn a living. Millions of South Asians who rely on agriculture in Bangladesh, India and Nepal are at risk with extreme weather, including glacial melt, droughts and erratic flooding. In addition, scientists have found that rising temperatures might allow malaria and dengue to spread at higher...