The Great Debate

Clashes with Russia point to globalization’s end

By Mark Leonard
July 30, 2014

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As the European Union and the United States ramp up their sanctions on Russia, President Vladimir Putin’s plans for retaliation seem to include an attack on McDonald’s. There could not be a more powerful symbol that geopolitics is increasingly undoing the globalization of the world economy.

Why North America is stronger than its parts

By Arturo Sarukhan
February 21, 2014

Twenty years ago NAFTA, the most ambitious free trade agreement negotiation of its time, gave birth to a profound transformation of the economies and the regional value chains of Mexico, the United States and Canada. Trade dramatically changed the relationship between the three countries, though asymmetries of power and economic vitality persist.

Corporate tax reform: California points the way

By Bill Parks
February 10, 2014

The arcane, outdated and inefficient U.S. corporate tax code is costing our country jobs, factories, industries and tens of billions of dollars of badly-needed tax revenue each year.

What unites Democrats? Republicans!

By Bill Schneider
February 7, 2014

Back in 1901, Finley Peter Dunne’s character Mr. Dooley said, “The Dimmycratic Party ain’t on speakin’ terms with itsilf.” Is that happening again now? You might think so, given the talk about a populist revolt on the left.

Don’t let data protection turn into protectionism

By Jim Hagemann Snabe
January 9, 2014

We live in a global, digitally networked world. Cloud, mobile and in-memory technologies are its engines. Our new world has no boundaries; there is a huge potential for growth, employment and new business models. But it also comes with challenges for policy and industry.

Obama: Building trade to build growth

By Edward Alden
December 5, 2013

The Obama administration has quietly embraced the most ambitious agenda on trade and investment liberalization in the past two decades.

Don’t miss the boat on trade facilitation

By Stephen Green and Harold McGraw III
December 3, 2013

Trade ministers open their meeting in Bali Tuesday with the aim of creating a new multilateral trade reform package worth more than $100 billion to the global economy. The deal — focusing on measures to cut red tape at borders — would be a welcome shot in the arm for both global trade and for the World Trade Organization itself.

China’s commitment to growth will drive the global economy

By Gordon Brown
September 12, 2013

From outside China, the Bo Xilai trial looks like the Chinese news event of the year, one of the preoccupations of Western media, along with corporate corruption and the clampdown on American and European companies. Yet these issues are no more than sideshows to the most important economic event of recent times, the unveiling and ratification of a major program for reforms for the next decade, which will occur at the Chinese government’s third plenum in November. The reforms promise to bring another great leap forward in China’s dramatic ascent.

An agenda to boost Africa’s economy

By Eliot Pence
August 30, 2013

A lot can happen in a year. This time last year, U.S. businesses and NGOs bemoaned the Obama administration’s perceived indifference to Africa. Now, they’re trying to find out how to catch the wave of interest. Major new initiatives, including Power Africa and Trade Africa, unveiled during President Obama’s first true trip to Africa this summer, as well as a reinvigorated push to renew the African Growth and Opportunity Act fully two years before it’s due to expire, have given U.S.-Africa watchers a lot to consider. But what — and when — is enough for U.S. policy in Africa? What more can be done in the year ahead? How do things really shake out for investors, civil society and Africans? Here are three additional areas the Administration should consider as it deepens its commitment to the continent:

The public supports a transatlantic trade pact – for now

By Bruce Stokes
February 19, 2013

The long-discussed free trade agreement between the United States and the European Union was formally endorsed by President Barack Obama in his State of the Union address to Congress. Obama asserted that “trade that is fair and free across the Atlantic supports millions of good-paying American jobs.” A prominent presidential endorsement will not prevent a long and disputatious negotiation, but a trade pact could yield potentially huge economic rewards — and also provoke serious political opposition on both sides.