The Elliott School announced the creation of a new Institute for International Economic Policy Wednesday. The Institute will explore issues related to globalization.

“One of the school’s strategic priorities is to strengthen our capacities for research and policy engagement,” said Michael Brown, dean of the Elliott School, in a news release. “We will take a big step forward with the launch of this institute, which will draw on the University’s tremendous faculty expertise on international economic issues and our unique proximity to national and international economic institutions.”

The institute will focus on international trade, international finance and developmental economics. Its mission will be to “help the academic and policy communities understand the implications of global economic integration and encourage appropriate responses to the challenges presented by the emerging international economy,” said Brown.

The IIEP will be headed by Associate Dean of the Elliott School and International Trade and Investment Policy Program (ITIP) Michael Moore.

“The establishment of this institute reflects the critical need for impartial research on economic globalization,” said Moore, who recently spent a year as a senior economist on the President’s Council of Economic Advisers. “Institute faculty members are at the forefront of academic and policy research about the problems and prospects for the increasingly interconnected global economy.”

As with the other Elliott School’s institutes, school faculty members will assume an affiliation with the institute in addition to their current duties. IIEP-affiliated faculty will include William Becker, Steve Charnovitz, Maggie Chen, Marco Cipriani, Shahe Emran and Ana Fostel.