Carnegie Endowment for International Peace
The prospects that the United States will find a solution for the fiscal cliff’s impending tax increases and spending cuts seem promising.
The balance between governments and corporations has been shifting over the last few hundred years in favor of corporate power. If Washington wishes to fix this balance, it may need to reform its elections and regulations.
Rare earth metals are vital ingredients in a wide range of high tech product lines important to global trade and China's perceived monopoly on these metals is a big concern for the West.
The United States must generate more high-value jobs to capitalize on the opportunities presented by a rising China, which is likely to continue to make sustaining double-digit growth a key priority.
Persistent imbalances in China's economy are likely to pose a serious threat to the country's growth unless Beijing significantly revalues its currency, raises real interest rates, and continues to increase wages.
While China's trade imbalance and currency valuation are in a process of gradual rebalancing, the central question now facing China's economy is how to begin producing higher technology exports.
The enormous expansion of credit in Ireland and the sheer size of its building boom, which was accompanied by a very large loss of competitiveness, are at the center of the country's crisis today.
President Obama’s trip to Asia is intended to deepen U.S. engagement in the region and open up Asian markets to U.S. businesses.
If China is forced to substantially revalue its currency, it is likely to enact policies for maintaining its export competitiveness that could hurt Western economies.
China’s quick recovery from the Great Recession has raised questions about its role in the world economy and its relationship with the United States, where economic growth has been slow to return.