Despite politicians lamenting the decline of U.S. competitiveness, America remains one of the most competitive and productive nations in the world. Policy makers should instead focus on the real problem: spending. […]
Within a generation, developing countries will likely account for six of the world’s seven largest economies and dominate world trade. How will this affect international relations and governance in the context of globalization? […]
China is promoting the use of its currency for trade and investment, but this will eventually require China to open its capital account and make its exchange rate more flexible—moves that political considerations may block for years to come. […]
In the years to come, the rise of emerging economies will reshape the global economic landscape. This monumental shift will enhance prosperity but also create great tensions that could stop progress in its tracks. […]
The forces that kept protectionism at bay during the financial crisis—chief among them, national laws, regional agreements, and structural economic shifts—should be the focus of future trade negotiations. […]
Although World Trade Organization policies helped limit the increase in protectionist measures during the recent financial crisis, a mutually reinforcing set of legal and structural changes in the world economy played a larger role in keeping global markets open. […]
One of the remarkable features of the recent global financial and economic crisis is that few countries resorted to protectionism. What economic and political factors account for the lack of protectionism? […]
The Economist’s Zanny Minton Beddoes hosted a panel discussion on whether the world can afford a middle class. […]
The dramatic increase in official foreign exchange reserves in developing countries has prompted accusations of protectionism, but developed countries are equally to blame for the recent increase. […]
With inflation rising in the developing world, advanced countries are bearing the brunt of the post-crisis adjustment—including reestablishing fiscal sanity—with little help from the vibrant emerging economies upon which the world have come to rely. […]
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