Trade
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Snapshot,
January 5, 2012
The new sanctions regime places the United States' tactics and objectives -- a negotiated end to Iran's nuclear ambitions -- at odds. In effect, the administration has backed itself into a policy of regime change, an outcome it has little ability to influence.
Snapshot,
December 1, 2011
When violence first erupted in Syria, the EU responded carefully, using sanctions to target members of Assad's government in Damascus. Since, European officials have ditched those concerns and moved toward heavy, or comprehensive, sanctions. The problem is that they will hurt the Syrian people more than the regime.
Snapshot,
November 7, 2011
The United States is preparing for an Asian century, and its trade policy is following suit. Officials hope that the Trans-Pacific Partnership, a free trade agreement soon to include Japan, will help solidify their economic role in Asia.
Essay,
Jul/Aug
2011
Many economists argue that global financial imbalances fueled the recent recession. To prevent future crises, world leaders are trying to even out the balance sheet. They need not worry: it turns out that a rebalancing is already under way.
Snapshot,
April 25, 2011
For years, officials in Washington have complained loudly about Beijing's efforts to manipulate its currency. One novel option to stem the practice is both within international rules and would likely work: taxing the income on Chinese holdings of U.S. financial assets.
Postscript,
April 17, 2011
As U.S. auto assembly lines grind to a halt for want of components that usually come from now-disabled factories in northeastern Japan, business strategists may be forced to rethink the way globalized companies do business.
Essay,
May/June
2011
It is time to face reality: the current round of multilateral trade talks is doomed. Rather than try to revive it, argues a former U.S. trade representative, world leaders should salvage a few smaller agreements and study what went wrong in order to do better the next time around.
Comment,
Mar/Apr
2011
China, which invests heavily in Iran's energy sector, is the linchpin of the sanctions regime against Iran. If Washington wants to prevent Tehran from acquiring nuclear weapons, it must transform Beijing from a silent, subordinate partner to a vigorous ally.
Comment,
Mar/Apr
2011
In the wake of the financial crisis, the United States is no longer the leader of the global economy, and no other nation has the political and economic leverage to replace it. Rather than a forum for compromise, the G-20 is likely to be an arena of conflict.
Response,
Jan/Feb
2012
China’s rise is overstated, and its financial problems are massive, argues Derek Scissors. Arvind Subramanian disagrees, claiming that Beijing already calls the shots in the global economy.
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