Trade and environment intersect in many ways. Aside from the broad debate as to whether economic growth and trade adversely affect the environment, there are linkages between existing rules of the World Trade Organization (WTO) and rules established in various multilateral environmental...

The Doha Round is the longest-running trade liberalization negotiation in the postwar era. Despite its longevity, the end is not yet in sight as parties disagree on the depth of liberalization necessary in agriculture and nonagricultural market access (NAMA). This rift is prolonging the Round's...

This paper compares the current foreign direct investment (FDI) recession with FDI responses to past economic crises. The authors find that although developed country outflows have taken an equally big hit as major developed countries have after past crises, outflows seem to be bouncing back...

The severe economic damage done by the global crisis of 2007-09 has reenergized calls to protect domestic products and producers in the United States. One example is a proposal to discriminate against foreign-owned insurance companies, using the tax code. The Neal bill (HR 3424), named after...

Despite high drama, the United Nations Framework Convention on Climate Change (UNFCCC) conference in Copenhagen ended as a flop. During chaotic negotiations and fundamental disagreements surrounding the formation of a post-Kyoto deal, five heads of state got together on the last day of...

No industry save financial services has been harder hit by the current recession than the automobile industry. Employment in the US auto industry dropped 9 percent between 2007 and 2008, while auto sales fell 18 percent over the same period. The credit freeze has only added to the distress,...

On January 28, 2009, the US House of Representatives passed the American Recovery and Reinvestment Act of 2009. Out of the bill's 700 text pages, a small half-page section attracted enormous media attention: the section requiring that all public projects funded by the stimulus plan must use only...

President Barack Obama declared in his State of the Union address--echoing the rhetoric during his days as presidential candidate--that "it is time to finally slash the tax breaks for companies that ship our jobs overseas, and give those tax breaks to companies that create jobs right here in the...

The US House of Representatives has just passed the American Jobs and Closing Tax Loopholes Act. The tax provisions of this bill will hurt American workers, reduce American exports, and make American companies less competitive in the international marketplace. Since the US Senate has already...

President Barack Obama proposes to translate his rhetoric directed against "tax breaks to corporations that ship jobs overseas" into new tax measures that will penalize investment abroad by US-based multinational corporations (MNCs). Hufbauer and Kim believe that the United States should not try...