RESEARCH AND COMMENTARY
Roger C. Altman, Jason E. Bordoff, Jason Furman and Robert E. Rubin, November 06, 2008, Hamilton Project Discussion Paper
Today, too many Americans are not fully sharing in our nation’s prosperity. Real median wages have stagnated, income inequality has increased, and changes in the economy that have brought benefits have also brought new risks and insecurities. In response to these challenges, our nation needs to act now on three fronts. First, our nation must make the right long-term investments to promote economic growth that is both strong and sustainable. Second, it is necessary to put in place economic policies that will better achieve broad-based participation in that growth. Third, for growth to be sustainable, it is necessary to restore sound fiscal policy, moving on a multiyear path to a sustainable fiscal position. This paper elaborates on these economic challenges. Read More
RESEARCH AND COMMENTARY
October 10, 2008, The Brookings Institution
As President-Elect Obama prepares to lead the United States, what are the top global economic challenges facing the new president and his advisors and how should the new administration address them? A new report by Brookings global economic and development experts ranks the top 10 issues and details specific ideas for how to tackle the toughest challenges. Read More
RESEARCH AND COMMENTARY
Kevin Casas-Zamora, September 12, 2008, YaleGlobal
Kevin Casas-Zamora argues that if free trade is to succeed, advocates must address the real problems trade liberalization creates for many in the developing world. Developing nations, now increasingly important actors in the global economy, likewise deserve a larger role in governing the system of global trade. Read More
RESEARCH AND COMMENTARY
Lael Brainard and David Lipton, August 31, 2008, The Brookings Institution
The need for U.S. economic leadership continues despite a global financial crisis, and new and emerging economic powers. But while the need for U.S. leadership in the global economy is clear, the capacity is less so. In a paper prepared for the Aspen Strategy Group in August 2008, Lael Brainard and David Lipton explore the changing context for US international economic leadership, review economic goals, and discuss the adequacy of the instruments available for pursuing those goals. Read More
RESEARCH AND COMMENTARY
Jagdish Bhagwati and Arvind Panagariya, August 21, 2008, The New York Sun
Arvind Panagariya, a nonresident senior fellow in Brookings's Global Economy and Development program, and Jagdish Bhagwati, an economics professor at Columbia University, discuss issues surrounding the recent collapse of the Doha Round and the strides WTO director general Pascal Lamy is taking to salvage a successful trade deal. Read More
RESEARCH AND COMMENTARY
Paul Blustein, August 20, 2008, World Policy Journal, Volume 23, Issue 2
In a recent World Policy Journal article, Paul Blustein, Journalist-in-Residence in Global Economy and Development, questions the merits of free trade agreements and the motivations behind them. Read More
RESEARCH AND COMMENTARY
Paul Blustein, August 20, 2008, The Brookings Institution
Negotiations in the Doha Round of global trade talks broke down July 29 at the World Trade Organization’s headquarters in Geneva. Paul Blustein discusses the WTO’s centrality to the global trading system, warns that erosion of its authority would endanger the system’s stability, and challenges the United States to halt the pursuit of further bilateral and regional trade agreements, as those pacts threaten to undermine multilateralism. Read More
PAST EVENT
Monday, June 09, 2008
8:15 AM to 6:00 PM
Washington, DC
On June 9, 2008, Brookings convened more than 70 stakeholders for a conference on “Climate Change, Trade and Competitiveness.” The conference was led by Lael Brainard and focused on how climate change presents a new set of challenges for the world trading system and potential strategies to mitigate future conflicts. Read More
RESEARCH AND COMMENTARY
Lael Brainard, May 22, 2008, Senate Committee on Finance
In testimony to the Senate Finance Committee, Lael Brainard discussed America’s response to globalization through the lens of trade policies and examines how provisions of the Trade Enforcement Act of 2007 can help America compete more fairly in the growing global marketplace that requires clearly enforced rules. Read More
PAST EVENT
Monday, May 12, 2008
3:30 PM to 4:30 PM
Washington, DC
Last month, President Bush submitted the Colombia free-trade agreement to Congress, but leaders in the House of Representatives have delayed a vote on ratification. Brookings hosted Sens. Chuck Grassley (R-Iowa) and Senator Kit Bond (R-Mo.) for a discussion of the economic and national security implications of the U.S.-Colombia Free Trade Agreement. Read More
RESEARCH AND COMMENTARY
Paul Blustein, April 09, 2008, The Brookings Institution
A blend of policy, process and politics may doom the free trade agreement between the United States and Colombia. Paul Blustein argues that President Bush's difficulty persuading Congress to ratify the pact may finally teach trade negotiators that bilateral trade agreements can be a lot more trouble than they’re worth. Read More
RESEARCH AND COMMENTARY
Lael Brainard, June 13, 2007, House Committee on Small Business
Testimony by Lael Brainard before the U.S. House Committee on Small Business (6/13/07) Read More
RESEARCH AND COMMENTARY
Lael Brainard and Wing Thye Woo, February 28, 2007, Opportunity 08
China’s growth in economic and military power has presented both challenges and opportunities to U.S.-China relations and to the global economy. In an Opportunity 08 paper, Lael Brainard and Wing Thye Woo examine five elements to a successful approach to trade with China. Read More
RESEARCH AND COMMENTARY
Jeffrey A. Bader and Richard C. Bush III, February 28, 2007, Opportunity 08
The next President should embrace the strategy of engagement initiated by President Nixon and sustained by all his successors to date. Presidential candidates should avoid tendentious condemnations of China and instead signal their intention to develop a personal relationship of trust with their Chinese counterpart soon after taking office. Read More
RESEARCH AND COMMENTARY
Strobe Talbott and William J. Antholis, February 01, 2007, Opportunity 08
For the next President, effective leadership abroad will depend largely on marshalling bipartisan support for foreign policy at home. Combating terrorism, constricting the proliferation of weapons of mass destruction, reducing global poverty, promoting an efficient, equitable world trading system, and reversing the process of climate change are all issues that require far more effective diplomacy and skillful management of U.S. domestic politics. Read More