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...

On May 31, 2010, a majority of the Lower House of the National Diet of Japan approved legislation that would reverse a decade's worth of effort to fully privatize key subsidiaries of Japan Post Holdings Co. Ltd. Besides postal services, the state-run postal system offers banking and insurance...

In April 2009, the Federal District Court for the Southern District of New York allowed a lawsuit to proceed against US companies that had done business with apartheid South Africa for abetting human-rights violations. In a previous ruling, the Second Circuit Court of Appeals held that firms...

Trade ministers from member countries of the World Trade Organization (WTO) convened in Hong Kong in December 2005 to jump-start the flagging Doha Round of multilateral trade negotiations. The ministerial accomplished more in spirit than in substance and placed more emphasis on negotiating...

The revised edition of this best-selling book was updated to assess the three NAFTA side agreements on labor and the environment signed in September 1993. It also addresses the H. Ross Perot critique that NAFTA will cause the loss of millions of US jobs. The book is a concise but comprehensive...