Trade, finance, and development in the global economy.
Despite hopes for a comprehensive trade pact post-Brexit, a deal between the United Kingdom and the United States is far from a certainty.
Multilateralism may face skepticism in the United States, but it remains a core value for a vital American ally
A meeting in Canada could generate creative solutions for the future of the WTO, if only for the size of the economies participating
Will the new NAFTA deal pass through Congress? The answer may depend on how it treats labor rights.
The anti-trade rhetoric of the 2016 presidential campaign resonated deeply in the Midwest, especially for individuals most directly affected by deindustrialization and the resulting job losses: those without postsecondary training and skills.
Inking the Asia Pacific trade deal is only step one, as obstacles remain to implementation.
Nearly four months into the NAFTA renegotiation, Mexico and Canada have potentially developed an effective response to the Trump administration's trade skepticism.
Nothing productive arises from criticizing Germany for its bilateral trade surplus, much less its auto exports.
It will be difficult to expedite the renegotiation of the 23-year old agreement in 2017, if not 2018
Targeting a realistic GDP growth rate requires more than a bidding war.
Phil Levy is senior fellow on the global economy at The Chicago Council on Global Affairs. Previously he was associate professor of business administration at the University of Virginia’s Darden School of Business. He was formerly a resident scholar at the American Enterprise Institute and taught at Columbia University’s School of International and Public Affairs. From 2003 to 2006, he served first as senior economist for trade for President Bush’s Council of Economic Advisers and then as a member of Secretary of State Rice’s Policy Planning Staff, covering international economic matters. Before working in government, he was a faculty member of Yale University’s Department of Economics for nine years and spent one of those as academic director of Yale’s Center for the Study of Globalization.
His academic writings have appeared in such outlets as The American Economic Review, Economic Journal, and theJournal of International Economics. He is a regular contributor to Foreign Policy magazine’s online Shadow Government section and writes on topics including trade policy, economic relations with China, and the European economic crisis. Dr. Levy has testified before the House Committee on Foreign Affairs, the Joint Economic Committee, the House Committee on Ways and Mean, and the US-China Economic and Security Review Commission. He received his PhD in Economics from Stanford University in 1994 and his AB in Economics from the University of Michigan in Ann Arbor in 1988.
The economic crisis that once seemed poise to rip the euro zone apart more recently appears to have receded.
After Russia’s move into Crimea and the danger that its military involvement could spread further, there is the question of how to deter a Russian invasion.
Uri Dadush, senior associate at the Carnegie Endowment for International Peace, offers his analysis of an important subsequent event–the limited global trade deal that was agreed in Bali in December in a guest post for World of Cents.
A guest post from Fredrik Erixon on the TTIP negotiations.
Those who enjoy sports will be familiar with the rhythm of a season. The global trade agenda is entering an analogous critical stage.
Yutaka Harada, an expert at the Tokyo Foundation and Waseda University, summarizes his view of why Japan needs the TPP.
A filibuster-busting 60 US senators last month sent a letter to Treasury Secretary Jacob Lew and US Trade Representative Michael Froman asking for new enforceable rules in trade agreements to attack currency manipulation. A majority of House members signed a similar letter in June.
This was to be the morning when we received the bill for last month’s government shutdown shenanigans.
In recent months, heightened by revelations regarding the United States’ global surveillance and data gathering operations, data privacy has become one of the most contentious policy issues dividing the United States and its European trade negotiation partners.
Former Missouri Governor Matt Blunt on the fate of the Trans-Pacific Partnership (TPP).
Europeans have reacted to accusations of US spying with revulsion.
An analysis by the Asian Development Bank said that the TPP “risks collapsing and producing a series of bilateral deals if the 12 nations involved cannot reach agreement…”
A guest post from Hugh Stephens, Executive in Residence, Asia Pacific Foundation of Canada, on the rapid growth of the Trans-Pacific Partnership.