Trade
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Essay,
Nov/Dec
2009
By exposing them to the truth about their impoverishment and about the prosperity of their South Korean cousins, the United States can encourage North Koreans to change the regime in Pyongyang.
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Snapshot,
October 16, 2009
The global flow of remittances represents the link between migration and development. If the world's largest economies are serious about recovery, they should make money transfers as easy and cheap as possible.
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Essay,
Nov/Dec
2009
The global economic crisis has revealed the folly of large U.S. budget and trade deficits, as well as of the strong dollar that makes them possible. If it is serious about recovery, the United States must balance the budget, stimulate private saving, and embrace a declining dollar.
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Essay,
Sep/Oct
2009
The free market has eliminated environmental hazards in the past, from leaded gas to acid rain, and it can solve the problem of climate change today. A cap-and-trade system offers the best hope for reducing pollution and encouraging green growth.
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Essay,
Sep/Oct
2009
Despite common assumptions, oil prices are likely to remain low for a while: key producers, especially Saudi Arabia, have been boosting their production, and demand growth in top consumers like the United States and China will be more modest than expected.
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Essay,
JUL/AUG
2009
For decades, Asian economies used exports to the West as a means of growth. Now, if they hope to weather the global recession, they will have to enact deep structural changes such as higher wages and increased domestic consumption.
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Essay,
JUL/AUG
2009
The popularity of the U.S. economic model is waning. To put globalization back on track, President Barack Obama must articulate the benefits of open markets and free trade.
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Essay,
JUL/AUG
2009
Many economies in Africa have remained largely sheltered from the global financial crisis. To keep economic development there on track, the West must avoid protectionist impulses.
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Snapshot,
April 7, 2009
What North Korea hoped to gain from its failed missile launch -- and how Washington can avoid falling into its negotiating trap.
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Postscript,
March 17, 2009
The international financial crisis has thrown the forward march of globalization into question. If the United States and others can learn from the crisis and control borrowing, then the positive potential of global trade and finance may be restored.
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