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Outward Foreign Direct Investment and US Exports, Jobs, and R&D
It is not in the US interest to adopt tax and regulatory policies that would discourage global engagement by US multinational corporations (MNCs). Research presented in this book …
Global Warming and the World Trading System
In 2006, a team led by the English economist Sir Nicholas Stern issued a striking report that analyzed the economic dimensions of global climate change and called for immediate …
Figuring Out the Doha Round
The global economic and financial crisis has awakened protectionist sentiments around the world, and policymakers have failed to actively seek trade liberalization. In light of …
NAFTA Revisited
NAFTA entered into force in 1994 after a bitter Congressional debate. But NAFTA in operation has proved no less controversial than NAFTA before ratification, for both supporters …
Law and Economics of a Sustainable Energy Trade Agreement
The widely accepted need to reduce the world's dependence on fossil fuels and move instead to low-carbon, renewable alternatives faces a host of challenges. Whilst the greatest …
Maghreb Regional and Global Integration
Increasing terrorist activity has led the Maghreb countries-Morocco, Algeria, Tunisia, Mauritania, and Libya-to focus on antiterrorism efforts, unintentionally at the expense of …
Economic Normalization with Cuba
Will the Obama administration's decision to normalize relations with Cuba usher in a new era of economic cooperation, trade, and investment between the two countries? This …
Benefits of Price Convergence
Price divergence is readily apparent to anyone who shops. Travelers from Manchester to London, or from Chicago to Paris, are hit by sticker shock. Products ranging from London Fog …
Law and Economics of a Sustainable Energy Trade Agreement
The widely accepted need to reduce the world's dependence on fossil fuels and move instead to low-carbon, renewable alternatives faces a host of challenges. Whilst the greatest …
Economic Sanctions Reconsidered
Economic sanctions continue to play an important role in the response to terrorism, nuclear proliferation, military conflicts, and other foreign policy crises. But poor design and …
Bridging the Pacific
The terrain of the world trading system is shifting as countries in Asia, Europe, and North America negotiate new trade agreements. However, none of these talks include both China …
Local Content Requirements
In the wake of the Great Recession of 2008-09, economists feared that protectionist policies might sweep the world economy, echoing the wave of tariff escalations during the Great …