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Sustaining China's Economic Growth after the Global Financial Crisis
by Nicholas R. Lardy
January 2012

The global financial crisis and ensuing economic downturn has raised many questions concerning the future of global economic growth. Prior to the financial crisis, global growth was characterized by growing imbalances, reflected primarily in large ... More >>



The Arab Economies in a Changing World, Second Edition
by Marcus Noland and Howard Pack
November 2011

Compared to other regions of the world, the Middle East was once unique in its combination of authoritarianism and stultifying stability: No longer. Beginning in Tunisia, a wave of political upheaval has rolled across the region, reaching Egypt ... More >>



Flexible Exchange Rates for a Stable World Economy
by Joseph E. Gagnon
assisted by Marc Hinterschweiger
October 2011

Volatile exchange rates and how to manage them are a contentious topic whenever economic policymakers gather in international meetings. This book examines the broad parameters of exchange rate policy in light of both high-powered theory and re ... More >>



NAFTA and Climate Change
by Meera Fickling and Jeffrey J. Schott
September 2011

NAFTA remains a centerpiece of US trade-policy debate, but its provisions have sacrificed environmental concerns for the sake of trade liberalization. This timely volume analyzes the national policies of the United States, Canada, and Mexico; t ... More >>



Eclipse: Living in the Shadow of China's Economic Dominance
by Arvind Subramanian
September 2011

In his new book, Arvind Subramanian presents the following possibilities: What if, contrary to common belief, China's economic dominance is a present-day reality rather than a faraway possibility? What if the renminbi's takeover of the dollar ... More >>



Global Trade in Services: Fear, Facts, and Offshoring
by J. Bradford Jensen
September 2011

The service sector is large and growing. Additionally, international trade in services is growing rapidly. Yet there is a dearth of empirical research on the size, scope and potential impact of services trade. The underlying source of this gap ... More >>



A Decade of Debt
Policy Analyses in International Economics 95
by Carmen M. Reinhart and Kenneth S. Rogoff
September 2011

This book presents evidence that public debts in the advanced economies have surged in recent years to levels not recorded since the end of World War II, surpassing the heights reached during the First World War and the Great Depression. At the ... More >>



Carbon Abatement Costs and Climate Change Finance
Policy Analyses in International Economics 96
by William R. Cline
July 2011

This study provides alternative estimates of the costs of greenhouse gas abatement through 2050 that would be necessary to limit CO2 atmospheric concentrations to approximately 450 parts per million and limiting warming to 2°C. Spec ... More >>



The Global Outlook for Government Debt over the Next 25 Years: Implications for the Economy and Public Policy
Policy Analyses in International Economics 94
by Joseph E. Gagnon
assisted by Marc Hinterschweiger
June 2011

This study addresses a fundamentally new feature of the contemporary world economy: the simultaneous buildup of very large public deficits and debt positions in virtually all of the advanced high-income countries. The recent global financial cr ... More >>



How Latvia Came through the Financial Crisis
by Anders Åslund and Valdis Dombrovskis
May 2011

Latvia stands out as the East European country hardest hit by the global financial crisis; it lost approximately 25 percent of its GDP between 2008 and 2010. It was also the most overheated economy before the crisis. But in the second half of 2 ... More >>



Foreign Direct Investment and Development: Launching a Second Generation of Policy Research: Avoiding the Mistakes of the First, Reevaluating Policies for Developed and Developing Countries
by Theodore H. Moran
April 2011

This volume is the culmination of Institute investigations on the relationship between foreign direct investment (FDI) and development. Today, more than one-third of world trade takes place in the form of intrafirm transactions—that is, t ... More >>



Witness to Transformation: Refugee Insights into North Korea
by Stephan Haggard and Marcus Noland
January 2011

Despite its nuclear capability, in certain respects North Korea resembles a failed state sitting uneasily atop a shifting internal foundation. This instability is due in part to the devastating famine of the 1990s and the state's inability to f ... More >>



The Implications of China-Taiwan Economic Liberalization
Policy Analyses in International Economics 93
by Daniel H. Rosen and Zhi Wang
January 2011

China and Taiwan have built one of the most intertwined and important economic relationships in the world, and yet that relationship is not mutually open, compliant with World Trade Organization norms, or even fully institutionalized. What's more, ... More >>