Category Archives: Trade

October 2, 2010

America Embraces Trade Discrimination

NEW YORK – Economists generally agree on the advantages of openness in trade. But the case for non-discrimination in trade is also a compelling one. So good trade policy should push for multilateral trade liberalization such as at the Doha … Continue reading

Posted in Politics, Trade | 1 Comment
August 24, 2010

Expanding India’s Expertise

Recently, Sanjaya Baru, the Prime Minister’s former Press Secretary, sounded the alarm over how many of the Indian think-tanks were now dependent on foreign public and private institutions — the World Bank, DFID (UK), Oxfam and many others — for … Continue reading

Posted in Economics, Politics, Trade | 2 Comments
August 10, 2010

‘Made in America’ is not the way out of this crisis

President Barack Obama, addressing car workers recently at a GM plant in Michigan, defended his administration’s motor industry bail-out, saying that it had rescued “the heart and soul” of American manufacturing, that “has been a symbol of our economic power”. … Continue reading

Posted in Trade | 2 Comments
July 26, 2010

Running in Place on Trade

Meetings of G-20 leaders regularly affirm the importance of maintaining and strengthening openness in trade. June’s G-20 summit in Toronto, although not very effusive on trade, did not back away from it. Yet talk is cheap, and the open-mouth policy … Continue reading

Posted in Trade | 2 Comments
July 7, 2010

Protectionist Myths

At a debate in New York last year entitled “Buy American/Hire American Policies Will Backfire,” with hundreds of people in attendance, my team of three free-trade proponents took on a trio of protectionists who are often in the public eye. … Continue reading

Posted in Economics, Trade | 1 Comment
June 18, 2010

Fair Trade versus Free Trade

Below are excerpts from an online debate hosted by The Economist. The original debate is found here. Driven in part by a progressive lowering of barriers to trade in both rich and developing countries, global trade expanded faster in the … Continue reading

Posted in Economics, Trade | 3 Comments
May 5, 2010

India’s mistaken call for renminbi appreciation

India’s central bank governor issued in late April a critique of the alleged Chinese undervaluation of the yuan/renminbi, siding therefore with the U.S. politicians and some think-tanks (chiefly Fred Bergsten and Arvind Subramanian of the Peterson Institute for International Economics) … Continue reading

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