NAFTA’s Mixed Impact on the Global Economy
NAFTA essentially tries to build a more integrated North American economy. […]
Americas
The Crisis Is Dying, Slowly
The global economy’s slow and painful healing from the financial crisis continues, but three great challenges still confront the global recovery. […]
Income Gap the Bane of United States
President Barack Obama has committed to fighting income inequality. It is not a moment too soon to focus on this issue. […]
Emerging Markets Are Not The Answer To Our Growth Problem
Summary:
Developing economies have performed strongly, while their advanced-country counterparts have struggled to sustain comparable economic growth. Emerging markets can help the advanced economies, but they are still too small and vulnerable to do the job on their own. […]
What Are the Biggest Challenges Facing the Next USTR?
President Obama’s recently nominated his assistant and deputy national security advisor for international economics to the position of U.S. trade representative. Given the dynamic trade environment, what will be the implications? […]
Cold Water for Hot Trade Deals
The nature of global trade has transformed and adapted greatly since the stalled Doha Round of the World Trade Organization. […]
The Accidental Trade Policy
U.S. trade policy has undergone an epic shift in the last decade. The ambitious new strategy is promising, but it will also prove challenging and risky. […]
The Three-Speed World is Not Forever
Although the United States weathered the global recession relatively better than its European counterparts, it is not as strong as it looks and Europe’s long-term prospects are better than its current dismal performance suggests. […]
Emerging Markets Unite!
A new initiative by the BRICS coalition of emerging countries, intended to establish a new development bank, will rival traditional development groups such as the IMF and World Bank and may shift the balance of power of the world’s economy. […]
Don’t Buy the Hype on the Transatlantic Trade Deal
Expectations for the U.S.-EU free trade agreement are dangerously high. Reaching a deal is likely to take longer and produce smaller gains than optimistic figures suggest. […]