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Fueling Up: The Economic Implications of America's Oil and Gas Boom
by Trevor Houser and Shashank Mohan
January 2014

New drilling techniques for oil and natural gas are propelling an energy production renaissance in the United States. As the US economy struggles to emerge from the Great Recession, many see the boom as a possible source of economic salvation that ... More >>

How Latin America Weathered the Global Financial Crisis
by José De Gregorio
January 2014

Why has the economy of Latin America responded more positively than Asia, Europe or the United States after being hit by the recent global financial crisis? Three years after the worst of the crisis, Latin America's GDP is 25 percent highe ... More >>

Responding to Financial Crisis: Lessons from Asia Then, the United States and Europe Now
edited by Changyong Rhee and Adam S. Posen
October 2013

The Asian financial crisis of 1997–98 was devastating for the region, but policymakers at least believed that they gained a great deal of knowledge on how to prevent, mitigate, and resolve crises in the future. Fifteen years later, the As ... More >>

Local Content Requirements: A Global Problem
Policy Analyses in International Economics 102
by Gary Clyde Hufbauer , Jeffrey J. Schott , Cathleen Cimino , Martin Vieiro and Erika Wada
September 2013

In the wake of the Great Recession of 2008–09, economists feared that protectionist policies might sweep the world economy, echoing the wave of tariff escalations during the Great Depression of the 1930s. To some surprise, officials were ... More >>

Outward Foreign Direct Investment and US Exports, Jobs, and R&D: Implications for US Policy
Policy Analyses in International Economics 101
by Gary Clyde Hufbauer , Theodore H. Moran and Lindsay Oldenski
assisted by Martin Vieiro
August 2013

It is not in the US interest to adopt tax and regulatory policies that would discourage global engagement by US multinational corporations (MNCs). Research presented in this book shows that the expansion of foreign affiliates of US MNCs is posi ... More >>

Foreign Direct Investment in the United States: Benefits, Suspicions, and Risks with Special Attention to FDI from China
Policy Analyses in International Economics 100
by Theodore H. Moran and Lindsay Oldenski
August 2013

Americans have long been ambivalent toward foreign direct investment in the United States. Foreign multinational corporations may be a source of capital, technology, and jobs. But what are the implications for US workers, firms, communities, an ... More >>

Rising Tide: Is Growth in Emerging Economies Good for the United States?
by Lawrence Edwards and Robert Z. Lawrence
February 2013

In 1963, US President John F. Kennedy said that "a rising tide lifts all the boats. And a partnership, by definition, serves both parties, without domination or unfair advantage." US international economic policy since World War II has been ba ... More >>

Understanding the Trans-Pacific Partnership
Policy Analyses in International Economics 99
by Jeffrey J. Schott , Barbara Kotschwar and Julia Muir
January 2013

The Trans-Pacific Partnership (TPP) is a big deal in the making. With the Doha Round of multilateral trade negotiations at an impasse, the TPP negotiations have taken center stage as the most significant trade initiative of the 21st century. As of ... More >>

The Trans-Pacific Partnership and Asia-Pacific Integration: A Quantitative Assessment
Policy Analyses in International Economics 98
by Peter A. Petri , Michael G. Plummer and Fan Zhai
November 2012

While global trade negotiations remain stalled, two tracks of trade negotiations in the Asia-Pacific—the proposed Trans-Pacific Partnership (TPP) agreement and a parallel Asian track—could generate momentum for renewed liberalization a ... More >>

Global Economics in Extraordinary Times: Essays in Honor of John Williamson
edited by C. Fred Bergsten and C. Randall Henning
November 2012

Over the course of five decades, John Williamson has published an extraordinary number of books, articles, and other pieces on topics ranging from international monetary economics to development policy and bridging scholarly literature and policy ... More >>

Private Rights and Public Problems: The Global Economics of Intellectual Property in the 21st Century
by Keith E. Maskus
September 2012

Intellectual property rights (IPRs)—patents, copyrights, and trademarks—have moved from an arcane area of legal analysis and a policy backwater to the forefront of global economic policymaking. Apple and Samsung's patent battle illust ... More >>

Devaluing to Prosperity: Misaligned Currencies and Their Growth Consequences
by Surjit S. Bhalla
August 2012

Experts have long questioned the effect of currency undervaluation on overall GDP growth. They have viewed the underlying basis for this policy—intervention in currency markets to keep the price of the home currency cheap—as doomed to ... More >>

Transatlantic Economic Challenges in an Era of Growing Multipolarity
Special Report 22
edited by Jacob Funk Kirkegaard , Nicolas Véron and Guntram B. Wolff
July 2012

Shifts in global economic dominance are by nature tectonic and never precipitated by single events. The Great Recession of 2008–09, however, has presented the European Union, its common currency the euro, and the United States with new globa ... More >>