Publications

The Western Balkan have excelled in attracting foreign direct investment, with average inflows as a share of gross domestic product equaling 6.4 percent between 2020 and 2023. In contrast, the average rate for the EU was 1.5 percent and about 0.9 percent in the United States.

Three advanced geothermal technologies—Enhanced Geothermal Systems (EGS), Advanced Geothermal Systems (AGS), and Superhot Rock Geothermal (SHR)—are poised to transform geothermal from a niche resource into a significant contributor to the U.S. energy mix.

After meetings in Beijing, Trump should judge every proposed techno-economic and trade deal on one question: Does it strengthen or weaken China’s national power industries, especially vis-à-vis the United States?

Critics say the SECURE Data Act is a unified Republican effort. Yet its core provisions mirror privacy protections passed by Democratic and Republican majorities in 21 states. So, while it would preempt state laws, it also draws heavily from those laws, reflecting a bipartisan, multistate consensus on how to protect consumers while enabling innovation.

American tech companies built the digital economy, and they are its leading producers. But America better watch out, because the EU is making a concerted effort to rewrite the rules of the game through regulatory policy.

As AI capabilities continue to advance, some people have begun raising concerns about the long-term implications for the tax base. But this concern is likely overstated. Policymakers should refrain from changing the tax base on the assumption that labor income will decline.

As the Commission continues to put forward specific measures that gatekeepers must comply with under the DMA, it is imperative that it avoid unduly chilling innovation and harming European consumers, including through reduced digital privacy and security.

The U.S. education and workforce development system is ill-suited to winning the economic power industry war with China. It’s time for systemic reforms to produce students and workers with skills and capabilities that national power industries need.

Canada’s privacy regulators are restricting the use of public online data for AI training, but this approach could undermine AI innovation. Canada should instead adopt a harm-based framework focused on concrete privacy risks.

EU regulations, many have cost European businesses about $176 billion annually, equivalent to almost 1 percent of the bloc’s GDP, and this cost doesn’t include the lost innovation and forgone growth that may have occurred if those rules were not in place.