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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 this, some have proposed abandoning the Doha Round and starting over with a new agenda. Figuring Out the Doha Round...
Persistent link: https://www.econbiz.de/10008833810
The United States and Pakistan established diplomatic relations in 1947, shortly after Pakistan gained its independence. Since then, relations have alternated between episodes of close partnership and sharp friction--reflecting the ups and downs of global and regional geopolitics. The tides of...
Persistent link: https://www.econbiz.de/10008833814
Air and water pollution blighted northern Mexican cities long before the North American Free Trade Agreement (NAFTA) was a glimmer on the political horizon. Not surprisingly, when NAFTA became a political reality, environmentalists argued that commercial competition would weaken environmental...
Persistent link: https://www.econbiz.de/10008833824
Increasing terrorist activity has led the Maghreb countries--Morocco, Algeria, Tunisia, Mauritania, and Libya--to focus on antiterrorism efforts, unintentionally at the expense of full-fledged economic reform. These countries have tightened their border restrictions on the flow of people and...
Persistent link: https://www.econbiz.de/10008833832
Since its accession to the WTO, China has become the United States' third-largest trading partner and the sixth-largest market for US exports. Between 2000 and 2005, US imports from China rose from $100 billion to $243 billion, while US exports to China climbed from $16 billion to $42 billion....
Persistent link: https://www.econbiz.de/10008833847
This study makes a novel contribution to the ongoing fundamental tax reform debate with its investigation of how proposed reform will affect the international economic position of the United States and especially whether they could be adjusted at the border. It focuses on the business component...
Persistent link: https://www.econbiz.de/10008833848
President Franklin Roosevelt created the Export-Import Bank of the United States (Ex-Im Bank) in 1934 to promote US trade in the midst of the Great Depression. At the outset, the Ex-Im Bank was instructed to supplement, not compete with, private sources of export finance. Historically, the Ex-Im...
Persistent link: https://www.econbiz.de/10008833859
While the US steel industry has been in distress for decades, the "steel crisis" of 1999-2001 was particularly acute. More than 30 steel producing and steel processing firms fell into bankruptcy between 1997 and 2001, and most of the failures occurred after President Bush took office. During his...
Persistent link: https://www.econbiz.de/10008838318
The US Export-Import Bank (Ex-Im) celebrated its 65th birthday in 1999. While congratulations were in order, this venerable institution needs an overhaul. Renewal of the Bank's charter in 2001 offers Congress an excellent opportunity to go to work. This policy brief offers recommendations based...
Persistent link: https://www.econbiz.de/10008838319
In November 2002, the United States proposed that members of the World Trade Organization (WTO) eliminate their tariffs on nonagricultural products. World exports of nonagricultural goods, which were $5.4 trillion in 2001 (WTO 2002), would substantially expand if the US proposal were adopted. In...
Persistent link: https://www.econbiz.de/10008838322