In an article in the Journal of International Law and Policy, Sandra Polaski analyzes labor clauses in trade agreements to identify approaches that are most likely to achieve the goals of improved working conditions and greater rights for workers. She finds that one key to success involves aligning the incentives facing private firms with those facing governments.
On September 8th, 2004, Carnegie Endowment for International Peace hosted a discussion on the development of federal power in Russia. The speaker, Nikolay Petrov, is a Scholar-in-Residence with the Russian Domestic Politics and Domestic Institutions Program at the Carnegie Moscow Center since 1995. Carnegie Endowment Senior Associate Michael McFaul chaired the meeting.
On September 2, 2004, The Carnegie Endowment for International Peace hosted a meeting on the current situation of the Union of Right Forces in the context of current Russian politics. The speaker was Leonid Gozman, a long-standing activist in the Union of Rights Forces and an advisor to UES CEO Anatoly Chubais. Michael McFaul, a Senior Associate at the Carnegie Endowment, moderated the session.
Recognizing the growing public demand for democratization, the communist leadership of Beijing is prepared to enter a dialogue with Hong Kong democrats. Some in the U.S. Congress want to show solidarity with Hong Kong democrats and toughness toward Beijing by removing beneficial economic treatment that Hong Kong receives. This would be a mistake; better options exist.
Foreign direct investment (FDI) has transformed Mexico's banking system over the past decade and made it the most foreign owned financial sector in Latin America. This paper traces the foreign investments and resulting structural changes in Mexico's banking sector, identifies key impacts on Mexican finance, and evaluates the results from an economic and development perspective.
Zimbabwe’s Robert Mugabe has become everything he once crusaded against — racist, despotic, unjust and incompetent. South Africa, the only African nation with significant leverage over Zimbabwe, must pressure Mugabe to reverse the spiral of cronyism and corruption.
This report focuses on three areas, economic development strategy, the elaboration of a new tax code and further improvement in governance. The single most important issue for the next year is that Kyrgyzstan achieves a large reduction of its public foreign debt in the Paris Club in the spring of 2005.
In most emerging-market economies in East Asia, domestic economic, political, and social pressures push governments in the direction of a relatively inflexible exchange rate and freer capital inflows. This is a bad combination. Exchange rate stability and predictability would be a boon to commerce and finance. But achieving it is easier said than done.