Publications: Meghan Ostertag

China’s trade surplus has grown from $993 billion in 2024 to $1.08 trillion in the first 11 months of 2025, making it the first country in recorded history to reach the $1 trillion milestone.

From 1970 to the present, agricultural research conducted by a public research foundation in Brazil has increased Brazilian agricultural productivity by 110 percent.

Lowering tariffs with India would reinforce one of America’s most important emerging technology partnerships. Completing negotiations and sustaining investment would strengthen supply chains and enhance U.S. economic and strategic competitiveness.

Between 2015 and 2024, the cumulative VC investment gap came to $1.21 trillion.

In terms of purchasing power parity, U.S. per capita GDP has grown from 31 percent above the EU to 34 percent above it. About 72 percent of this gap can be attributed to differences in productivity, while just 28 percent is due to the difference in hours worked by Americans and Europeans.

Since the Inflation Reduction Act's passage, the number of industry-supported small-molecule cancer treatments entering post-approval trials in the United States has fallen by 45.3 percent.

Instead of treating manufacturing as a monolith to be revived, policymakers must focus on national power industries. These industries protect U.S. national defense and economic security, and are eroding at an alarming rate.

The United States is investing less in R&D for industrial production than its OECD peers. Congress should increase investment in this area to better compete with China.

New OECD data show that foreign direct investment (FDI) continues to decline in advanced economies while rising in several major emerging markets, underscoring shifting global investment patterns over the past decade.

Since the Bayh-Dole Act was passed 50 percent of FDA-approved drugs today rely on (at least some) applied research originating in universities.