Plus, Brookings experts weigh in on the Iran attack over the weekend and other concerning threats in the Middle East.
The world is seeing a feeble recovery characterized by multiple divergences The global economic recovery is being weighed down by geopolitical conflicts, protectionist policies, and persistent inflation, say Eswar Prasad and Caroline Smiltneks. The latest update of the Brookings-Financial Times TIGER indexes shows that global growth has flatlined, although there are glimmers of a positive turn in some countries’ economic fortunes in the year ahead. |
A key point “The detrimental effects of economic nationalism and trade protectionism, especially restricted access to global trade and finance, are likely to be felt most acutely by smaller and less developed countries.” – Eswar Prasad and Caroline Smiltneks |
Threats brewing in the Middle East The impact of Iran’s attack. Following Iran’s drone and missile strike against Israel on April 13, what are the risks of escalation? Are there any potential economic repercussions? How will Congress respond? Brookings experts answer these questions and more in a new compilation piece. How Israel is likely to respond to Iran. “There’s a lot of pressure there to show some kind of response and resolve.” Talking with NPR, Natan Sachs explains how the Israeli government and public are reacting to the weekend’s events and how U.S. policy factors in. The region is awash with drugs. The Middle East has been flooded with captagon—a mix of amphetamines and caffeine. Writing in Foreign Affairs, Vanda Felbab-Brown outlines the role of Syria in the proliferation of the drug, how Arab countries should approach the problem, and the looming danger of methamphetamine. | About Brookings The Brookings Institution is a nonprofit organization based in Washington, D.C. Our mission is to conduct in-depth, nonpartisan research to improve policy and governance at local, national, and global levels. If you were forwarded this email, sign up for the Brookings Brief to stay updated on our latest work. | The conclusions and recommendations of any Brookings publication are solely those of its author(s), and do not reflect the views of the Institution, its management, or its other scholars. | |