Most analysis of NAFTA begins by citing the huge increase in bilateral trade between the U.S., Canada and Mexico since 1993. U.S.-Mexico trade—exports plus imports—has grown three and a half times faster than U.S. GDP since ...
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Changes to the statutory liquidity ratio rules in India holds out the tantalizing prospect of a bonanza that could help finance bank recapitalization and alleviate India's banking crisis, international economics fellow Russell A. Green writes in ...
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Shifts in U.S. economic policy toward China could provide leverage on other issues and, at the beginning of a new administration, usefully set a tone of cooperation.
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NAFTA has become increasingly more controversial in the United States. U.S. firms and workers are best served by an examination of the agreement to improve and modernize the relationship and make it more equitable to all ...
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International Monetary Cooperation: Lessons from the Plaza Accord
After Thirty Years
The Baker Institute International Economics Program studies many key issues in global economic policy, as well as domestic macroeconomic and developmental policy in foreign countries. Between debt concerns in Europe threatening another global financial crisis and the ascendancy of emerging economies, best typified by China becoming the world’s second-largest economy, the shape and dynamics of the global economy and its governance are undergoing significant shifts. Baker Institute researchers study the role of financial imbalances in recent and potential crises, with the intent of proposing alternative mechanisms for correcting these imbalances and reducing the tight financial coupling of global markets that leads to contagion and systemic risk.
Russell A. Green, Ph.D., is a Baker Institute nonresident fellow and a senior economist at the International Monetary Fund. Green previously held the position of ...
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Mahmoud A. El-Gamal, Ph.D., is a professor in the Department of Economics at Rice University, where he also holds the endowed Chair in Islamic Economics, ...
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