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Trade Disputes Between China and the United States : Growing Pains so Far, Worse Ahead?

Hufbauer, Gary Clyde - 2011

This study covers the history of Sino-US trade relations with a particular focus on the past decade, during which time each has been a member of the World Trade Organization (WTO). Providing a brief history of 19th and 20th century economic relations, this paper examines in detail the trade...

Persistent link: https://www.econbiz.de/10013132264

How the United States Marched the Semiconductor Industry into its Trade War with China

Bown, Chad P. - 2021

from its leading role in the 1980s trade conflict with Japan. This paper describes how the political economy of the global …

Persistent link: https://www.econbiz.de/10013249316

Going It Alone in the Asia-Pacific : Regional Trade Agreements without the United States

Petri, Peter A. - 2017

The withdrawal of the United States from the Trans-Pacific Partnership (TPP) in early 2017 led the remaining 11 countries in that trade and investment agreement to explore alternative ways to sustain economic integration in the Asia-Pacific region. This Working Paper shows that, without the...

Persistent link: https://www.econbiz.de/10012946282

Sustainability of Public Debt in the United States and Japan

Cline, William R. - 2016

sovereign debt in the United States and Japan. The results indicate that to avoid further increases in the expected ratio of … in the United States and by about 3 percent of GDP in Japan from the likely baselines as of mid-2014 …

Persistent link: https://www.econbiz.de/10013005734

Asian Regional Policy Coordination

Truman, Edwin M. - 2011

This paper addresses two central questions for Asia and the world: (1) What is the purpose of Asian regional policy coordination going forward? (2) Will Asian regional policy coordination substitute or complement global policy coordination? The paper examines the potential coverage and content...

Persistent link: https://www.econbiz.de/10013117793

How Flexible Can Inflation Targeting Be and Still Work?

Posen, Adam S. - 2011

whether the monetary policy of the Bank of England, which has a formal inflation target, has been any less flexible than that … flexibility of the central bank's response to macroeconomic shocks. Based on this criterion, there is no evidence to suggest that … the Bank of England's inflation target has compelled it to be more aggressive in pursuit of low inflation than the Federal …

Persistent link: https://www.econbiz.de/10013120330

Global Imbalances and Foreign Asset Expansion by Developing Economy Central Banks

Gagnon, Joseph - 2012

Over the past 10 years, central banks and governments throughout the developing world have accumulated foreign exchange reserves and other official assets at an unprecedented rate. This paper shows that this official asset accumulation has driven a substantial portion of the recent large global...

Persistent link: https://www.econbiz.de/10013108659

Central Bank Policy Sets the Lower Bound on Bond Yields

Gagnon, Joseph - 2020

far below zero central banks are willing to set their short-term policy rates. If a central bank communicates a credible …

Persistent link: https://www.econbiz.de/10012842322

Global Competition and the Rise of China

Freund, Caroline - 2017

Using firm level data, the authors examine how global industrial concentration has changed over the last decade in relation to the rise of China. Between 2006 and 2014, global concentration has declined in most industries and is falling on average across all industries, while firms at the top of...

Persistent link: https://www.econbiz.de/10012963484

The 2018 US-China Trade Conflict after 40 Years of Special Protection

Bown, Chad P. - 2019

In 2018, the United States suddenly increased tariffs on nearly 50 percent of its imports from China. China immediately retaliated with tariffs on more than 70 percent of imports from the United States. This paper assesses what happened in 2018 and attempts to explain why. It first constructs a...

Persistent link: https://www.econbiz.de/10012871651