Even though the United States has long maintained a dominant presence in the Gulf, the Chinese social contract model may actually more applicable to the social and economic dynamics of GCC states than the Western orthodoxy of political liberalism and unbridled free market policies, the author argues in this issue brief.
While academic and popular debates tend to focus on differential benefits and costs of trade across countries or industries, this brief highlights winners and losers at the level of individual firms. The authors demonstrate that preferential liberalization produces concentrated benefits among a relatively small number of very large and productive firms.
Pablo M. Pinto, Leonardo Baccini, Stephen WeymouthNovember 21, 2017
Pedro da Motta Veiga, nonresident fellow for the Latin America Initiative, and Sandra Polónia Rios, director of the Centro de Estudos de Integração e Desenvolvimento, discuss the shift away from protectionism in Brazil's trade negotiations.
Pedro da Motta Veiga, Sandra Polónia RiosAugust 27, 2015