Carnegie Endowment for International Peace
1 to 10 of about 44
The success of the new U.S. investment strategy may ultimately depend on how a bill in Congress addresses these key components.
Europe and the United States have adopted new courses on China policy over the last four years. Yet actual results are still lagging behind China’s many actions and initiatives.
The Chinese government is dedicated to getting its electric vehicle market off the ground. But nurturing a new, globally competitive industry requires more than political will.
Rebalancing China's growth from investment to consumption is necessary if China is to sustain long-term economic growth. Recent attempts to move in this direction have been insufficient; true rebalancing will require a more fundamental revision of the growth model.
While the obsession with global rebalancing stokes currency and protectionist tensions, it diverts attention from what is really needed—reforms at home.
Policy makers should heed the lessons of the Great Recession and enact the structural and regulatory reforms needed to protect the world against the next crisis.
Developing countries already play a substantial role in world trade, and their significance is only expected to rise. As they diversify and grow as export markets, emerging economies will come to dominate international trade.
The world’s economic balance of power is shifting, as emerging countries rapidly overtake traditional Western powers as the predominant world economies. The recent global recession has only accelerated this trend.
Migrants are economic assets for both their host and home countries, but they are disproportionately affected by the global financial crisis. Temporary migration programs and collaboration with migrant-sending countries can help maximize the economic benefits of migration, even in times of crisis.
Mexico’s disappointing experience with NAFTA underscores the need to reform trade agreements between the United States and developing countries.