Sustaining Reform With A Us Pakistan Free Trade Agreement

Author : Gary Clyde Hufbauer,Shahid Javed Burki
Publisher : Peterson Institute
Page : 338 pages
File Size : 49,8 Mb
Release : 2006
Category : Business & Economics
ISBN : 0881323950

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Sustaining Reform with a US-Pakistan Free Trade Agreement by Gary Clyde Hufbauer,Shahid Javed Burki Pdf

"This Policy Analysis previews the case for more decisive US economic engagement of Pakistan and suggests that a US-Pakistan FTA could reinforce existing reforms and push the envelope in economic areas where Pakistan (and South Asia more generally) have lagged. In keeping with the Institute's extensive research agenda on prospective US FTAs, we present a detailed analysis of the costs and benefits of a US-Pakistan FTA for the signatory countries, for regional integration, and for the world trading system."--Preface.

Author : Gary Clyde Hufbauer
Publisher : Unknown
Page : 128 pages
File Size : 43,5 Mb
Release : 2007-01-01
Category : Electronic
ISBN : 8130905043

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Sustaining Reform With A Us-Pakistan Free Trade Ag by Gary Clyde Hufbauer Pdf

Author : Gary Clyde Hufbauer,Sjamsu Rahardja
Publisher : Peterson Institute
Page : 280 pages
File Size : 42,9 Mb
Release : 2007
Category : Business & Economics
ISBN : 9780881324020

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Toward a US-Indonesia Free Trade Agreement by Gary Clyde Hufbauer,Sjamsu Rahardja Pdf

Indonesia is the largest Muslim country in the world. Would a free trade agreement (FTA) with the country be beneficial both economically and politically to the United States? What kind of benefit could Indonesia expect? This book presents a case for improved trade relations between Indonesia and the United States and recommends advancing exploratory talks toward a US-Indonesia FTA. The authors present a detailed study of the stakes involved in the various areas of the proposed negotiation and estimate the FTA's potential for trade creation, trade diversion, and welfare under different scenarios.

Author : Nicholas R. Lardy
Publisher : Peterson Institute
Page : 213 pages
File Size : 45,5 Mb
Release : 2012
Category : China
ISBN : 9780881326475

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Sustaining China's Economic Growth After the Global Financial Crisis by Nicholas R. Lardy Pdf

Author : Anonim
Publisher : Peterson Institute
Page : 394 pages
File Size : 52,6 Mb
Release : 2024-06-25
Category : Electronic
ISBN : 9780881325560

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Financial Globalization, Economic Growth, and the Crisis of 2007-2009 by Anonim Pdf

Author : Peter A. Petri,Michael G. Plummer,Fan Zhai
Publisher : Peterson Institute
Page : 177 pages
File Size : 55,9 Mb
Release : 2012-06-15
Category : Business & Economics
ISBN : 9780881326659

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The Trans-Pacific Partnership and Asia-Pacific Integration by Peter A. Petri,Michael G. Plummer,Fan Zhai Pdf

"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 and provide pathways to region-wide free trade. We estimate that world income would rise by $295 billion per year on the TPP track, by $766 billion if both tracks are successful, and by $1.9 trillion if the tracks ultimately combine to yield region-wide free trade. The tracks are competitive initially but their strategic implications appear to be constructive: they generate incentives for enlargement and mutual progress and, over time, for region-wide consolidation. The "21st century" template of the TPP would be especially productive because it is likely to offer opportunities for the leading sectors of both emerging-market and advanced economies. An ambitious TPP template would generate greater gains from integration than less demanding alternatives, but it will be harder to sell to China and other key regional partners as the TPP evolves toward wider agreements. The crucial importance of Asia-Pacific integration argues for an early conclusion of the TPP negotiations, but without jeopardizing the prospects for region-wide or even global agreements based on it in the future"--Provided by publisher.

Author : Nicholas R Lardy
Publisher : Columbia University Press
Page : 186 pages
File Size : 54,6 Mb
Release : 2014-09-10
Category : Political Science
ISBN : 9780881326949

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Markets Over Mao by Nicholas R Lardy Pdf

China's transition to a market economy has propelled its remarkable economic growth since the late 1970s. In this book, Nicholas R. Lardy, one of the world's foremost experts on the Chinese economy, traces the increasing role of market forces and refutes the widely advanced argument that Chinese economic progress rests on the government's control of the economy's "commanding heights." In another challenge to conventional wisdom, Lardy finds little evidence that the decade of the leadership of former President Hu Jintao and Premier Wen Jiabao (2003–13) dramatically increased the role and importance of state-owned firms, as many people argue. This book offers powerfully persuasive evidence that the major sources of China's growth in the future will be similarly market rather than state-driven, with private firms providing the major source of economic growth, the sole source of job creation, and the major contributor to China's still growing role as a global trader. Lardy does, however, call on China to deregulate and increase competition in those portions of the economy where state firms remain protected, especially in energy and finance.

Author : Cullen Hendrix,Marcus Noland
Publisher : Columbia University Press
Page : 221 pages
File Size : 53,6 Mb
Release : 2014-04-12
Category : Business & Economics
ISBN : 9780881326772

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Confronting The Curse by Cullen Hendrix,Marcus Noland Pdf

Countries blessed with abundant natural resources often seek financial and political power from their supposedly lucky status. But the potentially negative impact of natural resources on development of poor countries is captured in the phrase "the resource curse." Instead of success and prosperity, producers of gold, oil, rubber, sugar, and other commodities—many in the least developed parts of Africa and Asia—often remain mired in poverty and plagued by economic mismanagement, political authoritarianism, foreign exploitation, and violent conflict. These difficulties and the many challenges they pose for American foreign policy are the focus of this important new book. Marcus Noland and Cullen S. Hendrix review recent developments as poor countries struggle to avoid the "resource curse" but fall too often into that trap. They call for support for international efforts to encourage greater transparency and improved management of natural resource wealth and for new partnerships between the West and the developing world to "confront the curse."

Author : Simeon Djankov
Publisher : Columbia University Press
Page : 206 pages
File Size : 47,5 Mb
Release : 2014-04-12
Category : Business & Economics
ISBN : 9780881326864

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Inside The Euro Crisis by Simeon Djankov Pdf

In mid-2009 Simeon Djankov, who had dealt with a variety of economic and financial crises as chief economist for finance and private sector development at the World Bank, was suddenly thrust into the job of finance minister of his native Bulgaria. For nearly four years in that post, he attended more than 40 meetings of European finance ministers and had a front row seat at the intense discussions and struggles to overcome the economic and financial crisis that threatened to unravel the historic undertaking of an economically integrated Europe. In this personal account, Djankov details his odyssey on the front lines, observing Europe's fitful efforts to contain crises in Greece, Hungary, Ireland, Portugal, Spain, Italy, Cyprus, and France. He tells the inside story of how the European Central Bank assumed responsibility for the crisis, pledging to do "whatever it takes" to save the euro area. This candid book recounts the disagreements over fiscal austerity, monetary policy, and banking supervision, while focusing on the personalities who promoted progress—and those who opposed it. He also tells the dramatic story of the events that led to his own resignation as finance minister in 2013 over the policies he was pursuing to spare Bulgaria from getting sucked into the crisis.

Author : Philippa Dee
Publisher : Routledge
Page : 249 pages
File Size : 47,9 Mb
Release : 2012-07-26
Category : Business & Economics
ISBN : 9781136304941

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Economic Reform Processes in South Asia by Philippa Dee Pdf

While South Asia’s economic reform initiatives of the last two decades were often born in crisis, this alone does not account for their occurrence. This book looks at the processes and institutional arrangements behind these reforms, and analyses what lessons can be learnt about how South Asia can improve its policy efficiency. The book develops ideas about how to overcome the political restraints to reform by drawing on recent theories of political economy and policy learning. It tests these ideas against authoritative case studies of actual reform initiatives in South Asia, which illustrate processes and institutional arrangements that have helped South Asian governments to sustain reform efforts, even in the absence of a strong political base. This offers valuable lessons for the global economy as it moves into a phase of rebalancing, with the structural adjustments that this will require. The book goes on to identify weaknesses that could be addressed by South Asian national governments and regional forums. It is an important contribution to studies on South Asian Politics and International Political Economy

Author : Adam S. Posen,Rhee Changyong
Publisher : Peterson Institute for International Economics
Page : 362 pages
File Size : 47,7 Mb
Release : 2013
Category : Business & Economics
ISBN : 9780881326741

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Responding to Financial Crisis by Adam S. Posen,Rhee Changyong Pdf

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 Asian developing countries escaped the worst effects of the global crisis of 2008–10, in part because they had learned the right lessons from their own experience. In this important study, the Asian Development Bank and Peterson Institute for International Economics join forces to illuminate the con¬trast between Asia’s performance during the more recent crisis with its performance during its own crisis and the gap between what the United States and European Union leaders recommended to Asia then and what they have practiced on themselves since then. The overriding lessons emerging from the essays in this volume are that countries need to prepare for crises as if they cannot be prevented, make room for stabili¬zation policies and deploy them rapidly when crises hit, and address the need for self-insurance globally if they can, or regionally if they must. Contributors include Simon Johnson, William R. Cline, Joseph E. Gagnon, Stephan Haggard, Masahiro Kawai, Peter Morgan, Donghyun Park, Arief Ramayandi, Kwanho Shin, Edwin M. Truman, Shahin Vallee, Changyong Rhee, and Lea Sumulong

Author : Daniel H. Rosen,Zhi Wang
Publisher : Peterson Institute
Page : 217 pages
File Size : 55,7 Mb
Release : 2011
Category : Business & Economics
ISBN : 9780881325010

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The Implications of China-Taiwan Economic Liberalization by Daniel H. Rosen,Zhi Wang Pdf

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, despite massive trade and investment flows, the boundary between the two is a serious flashpoint for potential conflict. But leaders in Beijing and Taipei have committed to normalize and deepen their economic intercourse and open a new post-Cold War era in their relationship. While the political significance of this gambit has captured attention worldwide, the scope of opening intended and the bilateral, regional, and global effects likely to ensue are as yet poorly understood. This volume attempts to remedy that uncertainty with careful modeling combined with a qualitative assessment of the implications of the cross-strait economic opening now agreed in an Economic Cooperation Framework Agreement (ECFA). The study explores the implications for Taiwan and China, for their neighbors, and for the United States if this undertaking is fully implemented by 2020.

Author : Gary Clyde Hufbauer,Barbara Kotschwar
Publisher : Columbia University Press
Page : 136 pages
File Size : 42,6 Mb
Release : 2013-10-05
Category : Political Science
ISBN : 9780881326833

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Economic Normalization With Cuba by Gary Clyde Hufbauer,Barbara Kotschwar Pdf

Will the Obama administration's decision to normalize relations with Cuba usher in a new era of economic cooperation, trade, and investment between the two countries? This prescient book, published only eight months before President Obama's historic announcement at the end of 2014, provides answers to that question and offers a roadmap for a sequenced lifting of the Cold War era economic sanctions against Cuba. The authors, Gary Clyde Hufbauer and Barbara Kotschwar, lay out the difficulties of achieving a dynamic economic relationship. They caution that a unilateral dismantling of US sanctions without insuring that proper institutions are in place in Cuba could squander this golden opportunity for US companies and hurt Cubans. They argue that US policies should encourage Cuba to liberalize its economy and adopt democratic institutions, so that it does not transition from a Communist dictatorship to a corrupt and authoritarian oligarchy. This farsighted book, produced in anticipation of an opening with Cuba that seemed impossible to some skeptics, is a must-read for anyone interested in the evolution of a historically contentious relationship that promises to evolve productively if the right policies are pursued.

Author : José De Gregorio
Publisher : Columbia University Press
Page : 166 pages
File Size : 42,7 Mb
Release : 2013-10-05
Category : Business & Economics
ISBN : 9780881326796

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How Latin America Weathered The Global Financial Crisis by José De Gregorio Pdf

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 higher than its precrisis level. José De Gregorio, Governor of the Central Bank of Chile from 2007 to 2011, tells the story of how Latin America has responded to the crisis with a perspective that only an insider can have. De Gregorio focuses on the seven largest economies of the region, Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Venezuela (90 percent of the region's output). He argues that Latin America was resilient because of good macroeconomic policies, strong financial systems, and "a bit of luck."

Author : Joseph E. Gagnon,Marc Hinterschweiger
Publisher : Peterson Institute
Page : 301 pages
File Size : 55,6 Mb
Release : 2011
Category : Business & Economics
ISBN : 9780881326352

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Flexible Exchange Rates for a Stable World Economy by Joseph E. Gagnon,Marc Hinterschweiger Pdf

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 real-world experience. What are the costs and benefits of flexible versus fixed exchange rates? How much of a role should the exchange rate play in monetary policy? Why don't volatile exchange rates destabilize inflation and output? The principal finding of this book is that using monetary policy to fight exchange rate volatility, including through the adoption of a fixed exchange rate regime, leads to greater volatility of employment, output, and inflation. In other words, the "cure" for exchange rate volatility is worse than the disease. This finding is demonstrated in economic models, in historical case studies, and in statistical analysis of the data. The book devotes considerable attention to understanding the reasons why volatile exchange rates do not destabilize inflation and output. The book concludes that many countries would benefit from allowing greater flexibility of their exchange rates in order to target monetary policy at stabilization of their domestic economies. Few, if any, countries would benefit from a move in the opposite direction.