These three compilations of recommendations for the incoming Obama administration suggest broad, although not unanimous, agreement among policy elites in the United States and Latin America on specific steps to repair inter-American relations and to help Latin America better manage and safeguard its democracies.
Today, the United States confronts four urgent challenges: imbalances in global trade and capital flows, South America's drift, Asia's economic integration, and the Muslim world's decline. International trade policy alone cannot solve these complex concerns, but it can play a pivotal role in dealing with each.
The information economy creates both opportunities and challenges for global trade. The United States must lead its trading partners and multilateral organizations to extend the free-trade, open-market principles that govern physical goods to cover the intangible products now zipping through wire and air. Trade policy can lay the path for future growth in the new economy -- or block it.