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Category Archives: Trade
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
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
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‘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
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
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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
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
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
Posted in Economics, Trade
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