Peterson Institute for International Economics
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The Peterson Institute for International Economics (PIIE), previously known as the Institute for International Economics (IIE), is an American think tank based in Washington, D.C. It was founded by C. Fred Bergsten in 1981 and is currently led by Adam S. Posen. The institute conducts research, provides policy recommendations, and publishes books and articles on a wide range of topics related to the US economy and international economics.
According to the 2015 Global Go To Think Tank Index Report (Think Tanks and Civil Societies Program, University of Pennsylvania), PIIE was number 20 (of 150) in the "Top Think Tanks Worldwide" and number 13 (of 60) in the "Top Think Tanks in the United States". Source
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| Scope | International |
|---|---|
| Language | English |
| Country | United States of America |
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Recent Articles
Search ArticlesTrump invoked a zombie statute to justify tariffs on Canada
The world is used to American tariff news daily. A new target is chosen, a new reason is put forward, another legal authority is selected, and a new tariff is put in place, ostensibly to force concessions from a trading partner. But the new tariffs on Canada set a new record for lack of credibility. They invoke a zombie authority found in the notorious and discredited Smoot-Hawley Tariff Act of 1930, which deepened the Great Depression. The courts should reject these tariffs as patently illegal.
An Agentic WTO: Thoughts on WTO reform in the face of a divided WTO membership and China’s role
Abstract The multilateral trading system was a vision of post-World War II Allied planners for all nations living in harmony within a system of liberalized trade and agreed rules. The organization they envisaged, the International Trade Organization (ITO) went too far and was not created. What replaced it was a contract, the General Agreement on Tariffs and Trade (GATT), an arrangement which governed for almost fifty years.
Has the Chinese yuan's rise in global usage hit a wall?
It is widely known that global use of China's currency, the yuan, rose substantially in 2023–24 following Russia's invasion of Ukraine, as sanctions and the related reordering of Russian trade drove geopolitical tailwinds to the yuan, also known as the renminbi (RMB). What is less known—and contrary to headlines that China is "ditching" the dollar and that the Chinese yuan is "taking over the dollar's role" —is that the yuan's momentum has faded.
The state of play for global trade: Spotting trends and challenges
Event Summary Trade wonks like to say that trade is like water; it always finds new ways. Is that really true? The last several years have been particularly challenging for global trade, beset by tariffs, wars, subsidies, export restrictions, and new versions of industrial policy. At the same time, new trade agreements have been signed.
The state of the transatlantic security partnership
Event Summary The policies and pronouncements of the second Trump administration have, to say the least, created strain in the transatlantic relationship, affecting the United States, its allies in the North Atlantic Treaty Organization (NATO), and the European Union.
The Trump-Xi summit and possible future of US-China economic relations
As Presidents Donald Trump and Xi Jinping prepare for their September 24 summit, what can new economic analyses tell us about the direction of US-China economic relations, as well as the likely impact of the leaders' meeting? Join the Peterson Institute for International Economics for a conversation featuring PIIE Reginald Jones Senior Fellow Chad P. Bown, Nonresident Senior Fellow Yeling Tan, and President Adam S. Posen.
Political meddling at the Census Bureau damages the entire US statistical system
This summer marks the worst period for US statistical integrity since President Donald Trump fired the head of the Bureau of Labor Statistics last August. Two different and seemingly uncoordinated events at the Census Bureau raised alarms about inappropriate political encroachment on the scientific and technical authority of the agency. I take some comfort that journalists and independent experts spoke up quickly and loudly.
Many school supplies cost more under Trump's tariffs
Body Autumn means back-to-school shopping for many households. This year, consumers face higher prices for many basic supplies because of President Donald Trump's tariffs. Backpacks, calculators, notebooks, and shoes are among the products in six categories hit with higher tariffs since he returned to the presidency in early 2025. Nationally, the annual tariff costs for these goods are projected to average $79 higher per US household this year than in 2024.
The China Squeeze: A response to our critics
Our recent PIIE working paper and the subsequent Foreign Affairs article detailed how China's manufacturing export strength is curbing poorer countries' opportunities to industrialize—what we call the China Squeeze. Our work has attracted considerable responses, including from the Chinese Foreign Ministry.
Mary E. Lovely on the costs of Trump’s trade war with Canada
Mary E. Lovely (PIIE) joined CNN International to discuss President Donald Trump’s trade war on Canada, what it means for not only small businesses on either side of the border but also the North American auto sector’s competitiveness, and more. Video excerpt published with permission of CNN International's The Brief with Jim Sciutto.