Focus area

Economics & Markets

Understanding how economic systems, institutions, and financial markets shape real-world outcomes.

Connecting the macro picture to everyday consequences.

Our research examines how changes in policy, trade, and resource availability move through the economy—and what those changes mean for households, businesses, and public institutions.

Questions guiding our research

Growth & prosperity

What drives productive economies, and how are the gains distributed?

Policy & institutions

How do monetary and fiscal decisions change incentives and economic outcomes?

Markets & global risk

How do trade disruptions and geopolitical events transmit through financial systems?

Selected research

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Analysis Economics & Markets

Broader Implications Following the Closure of the Strait of Hormuz

About 20% of the world’s oil passes through a narrow waterway between Iran and Oman: the Strait of Hormuz. The current tension between the United States and Iran represents one of the…

Michael Aduro 2 min read