Meghan Ostertag

Cutting federal investments in R&D may appear to save billions in the budget, but it could cost the economy trillions. In fact, ITIF estimates that cutting federal R&D by 20 percent would cost the U.S. economy up to almost $1.5 trillion compared with China’s growth pace.

In a ranking based on the total number of high-quality research articles they publish over the calendar year, Chinese universities claim 9 of the top 10 spots in the academic category.

A study finds that over 99 percent of a sample of 5,260 listed Chinese firms received government subsidies totaling €35.3 billion in 2022, double the amount from 2015.

A new working paper finds that income rank increased by between 6 and 12.3 percent between fathers and sons in Norway after the roll-out of broadband.

Income inequality is often positively associated with higher growth, but it also brings wider income gaps.

As of 2025, the goods trade deficit between the European Union and China has doubled since 2020, while it is 3.6 times greater in Germany. One driver of this imbalance may be Chinese currency manipulation, which has allowed Chinese firms to undercut the prices of European retailers.

For the third year in a row, foreign direct investment into the United States has dropped sharply, according to new data from the Bureau of Economic Analysis.

Innovative U.S. firms, or those that engage in high levels of R&D to develop new products or services, in the aggregate, operate in too few markets relative to the social optimum, thus resulting in less knowledge spillover.

Foreign direct investment to developing countries has shrunk to its lowest level since 2005, with just $435 billion in FDI being distributed in 2023.

Though employment is projected to increase over the next two years by 1.1 percent and 0.7 percent, respectively, this growth is expected to reverse over the next several years. The aging populations of many OECD countries will lead to the overall employment rate in the OECD block declining by 8 percent by 2060.

As federal R&D spending stalls, U.S. businesses are increasingly driving innovation and economic growth through higher private R&D investment, making it essential for policymakers to boost incentives by doubling the R&D tax credit.

By utilizing AI for monsoon forecasting, the Indian Meteorological Department has increased its accuracy by 20 percent, which has had a positive impact on agricultural planning and crop yields.