The Peterson Institute for International Economics (PIIE) is a private, nonprofit research organization based in Washington, D.C. Founded in 1981, it focuses on international economic policy and global economic issues. The institute conducts in-depth research and analysis to inform policymakers, business leaders, and the public about economic trends and challenges. PIIE is known for its expertise in areas such as trade, finance, and economic development. It publishes reports, books, and policy briefs, and hosts events featuring leading economists and policymakers. The institute aims to promote a better understanding of international economic relations and their impact on global prosperity.