Trade and Economics
Trade and Economics
- CommentaryMay 13, 2013
Fragile states that are rich in profitable natural resources often struggle to protect their economies from the “resource curse” that retards their development and puts them at risk of backsliding on economic growth, social equity, and poverty reduction.
- Critical QuestionsBy Carl MeachamMay 9, 2013
In many ways, President Obama’s three-day trip to Mexico and Costa Rica last week was an effort to redefine the U.S. relationship with the region, particularly with the countries that the United States has the closest ties.
- Critical QuestionsBy Victor ChaMay 8, 2013
On May 7, President Park Geun-hye of the Republic of Korea made her first official visit to the United States and had a summit meeting with President Barack Obama at the White House. It is the first meeting between them since they were inaugurated in January and February of this year.
- NewsletterBy Joshua ArcherMay 1, 2013
The U.S. semiconductor industrial base is critical to the nation’s continued leadership in advanced defense technologies. The importance of this industry adds urgency to declining cost-competitiveness among U.S. manufacturers and diverging alignment between global demand and domestic production capacity.
- NewsletterApr 30, 2013
The decision to welcome Japan into the Trans-Pacific Partnership (TPP) promises to be transformative, not only for the world’s third-largest economy (see March 2013 Global Economics Monthly), but also for the trade negotiations themselves.
- NewsletterBy Scott MillerApr 19, 2013
The Obama administration’s recent actions have caused trade policy observers to be simultaneously enthusiastic and skeptical. Who can blame them? In the President’s first term, the trade agenda could be fairly described as minimalist.
- CommentaryBy Daniel F. Runde, Michael KleinApr 16, 2013
A New Zealander can set up a small business in a day. A Brazilian who legally wants to do the same requires over 100 days. Enforcing a simple contract in New Zealand is complicated enough: a matter of over 200 days. The Brazilian business is looking at over 700 days for the same result.
- CommentaryApr 15, 2013
Albert Einstein would have summarized Treasury Secretary Jack Lew’s recent visit to Brussels, Paris and Berlin to “consult” with his counterparts about Europe’s economic woes as the very definition of insanity: “doing the same thing over and over again but expecting a different result.”
- Critical QuestionsApr 12, 2013
The United States and Japanese governments announced today that they had reached agreement on the terms of Japan’s participation in the Trans-Pacific Partnership (TPP) following nearly 18 months of bilateral consultations. This opens the door to the world’s third-largest economy joining the regional trade negotiations as soon as this summer.
- Critical QuestionsBy Carl MeachamApr 4, 2013
Last Friday, the Argentine government refused to follow a court order to put forth a proposal outlining how it would pay off $1.4 billion to remaining bondholders from its default more than a decade ago.