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Free-trade negotiations are crashing, one after another, but at the same time, free trade itself is booming. Efforts to liberalize trade through multilateral negotiations have stalled. In many countries, free-trade agreements are now politically radioactive.
Vladimir Putin's open attempts to reassert Russia's position as a world power have been met with trepidation from the international community. Further, Russia faces domestic constraints, both economic and military, that will complicate Putin's efforts.
The current bill on China's exchange rate that is working its way around Capitol Hill will do nothing to help the U.S. trade deficit or U.S. jobs. It will instead encourage speculators to buy into Wall Street China schemes.
Despite becoming more transparent in recent years, Beijing's first instinct, when presented with crises, is to slam the door. And as long as it does so, it will never truly enjoy the world's confidence.
Jordan’s King Abdullah II has stated that economic reform is one of his top priorities, yet it remains hindered by two major obstacles: a lack of public support, and the government’s inability to implement deep reform.
The Bush administration is concerned that China's "blue-water navy" could encroach upon American prerogatives in the Pacific. Human rights activists demand the release of thousands of Chinese political prisoners. American consumers are up in arms over tainted Chinese pharmaceuticals, toothpaste, and dog food. But what is most worrisome about China is how it has ascended as a world economic power.
Senior Associate Sandra Polaski argues that globalization revealed and exacerbated—rather than created—the unequal distribution of U.S. economic gains over the last decades. Polaski contends that reform of domestic labor laws, the tax system and international economic policy are the policy tools needed to reverse stagnating incomes and the erosion of job security, health care and pension plans.
On June 17th the Carnegie Endowment for International Peace hosted a discussion on trade preferences for least developed countries (LDCs) with H.E. Cham Prasidh, Senior Minister and Minister of Commerce of the Kingdom of Cambodia, and Congressman Jim McDermott. Carnegie’s Sandra Polaski moderated the discussion.
If foreign consumers — and their governments — believe that Chinese products are unfit for consumption and the Chinese government is not taking effective measures, they will curtail Chinese imports significantly. The “Made in China” label, now synonymous with low prices, could quickly lose its consumer appeal.
here's a sea of rumors and theories raging about the Russian presidential succession and what Vladimir Putin would do after -- and if -- he stepped down. The diversity of theories is impressive, illustrating how unpredictable and potentially unstable the situation may become. The range of guesses made by pundits, Kremlin insiders, political analysts and experts at home and abroad is getting broader, not narrower, as the election draws nearer. Moreover, those who venture guesses don't seem to be basing them on even partial knowledge; rather, it's a desire by each to sound more interesting than the other guy.
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