Research Library

As Congress resumes work this spring on a bill granting Trade Promotion Authority to President Obama for completion of the Trans-Pacific Partnership trade pact, many members have sought inclusion of a chapter on currency manipulation. Currency manipulation is a legitimate concern. However, countermeasures require clear, objective identification of currency manipulation. Both the IMF and the U.S. Treasury Department have mandates to identify currency manipulation, yet neither has done so in the past 20 years. If it can be done, why has it not happened more often? In this issue brief, Russell Green, Will Clayton Fellow in International Economics, reviews the difficulties of operationalizing a currency manipulation chapter and argues that the difficulty of identifying currency manipulation suggests serious political obstacles to implementation.

Part 2 of a two-part blog on China’s economy. Part 1 can be found here.

At this point, projections indicate that a…

In a two-part blog, Russell Green, Will Clayton Fellow in International Economics, examines whether a slowdown of China's powerhouse economy will impact the country's global agenda.

The 10 member states of the Association of Southeast Asian Nations (ASEAN) constitute an economic powerhouse, yet these countries also harbor a mostly hidden burden of poverty and neglected tropical diseases (NTDs). Almost 200 million people live in extreme poverty in ASEAN countries, and many of them are affected by at least one NTD. However, NTDs are prevalent even among upper middle-income ASEAN countries such as Malaysia and Thailand, especially among the indigenous populations.

The current electoral labyrinth in Egypt continues to pose a significant challenge to creating a just and all-inclusive political system. Despite the myriad electoral reforms and constitutional amendments passed in the past four years, women continue to play a minor role in the decision-making process in postrevolutionary Egypt. The new constitution unveiled in early 2014 lacks a constitutional provision or a quota system that would guarantee equal political representation for women; this will negatively impact women’s ability to exert influence in the political arena.

Brazilian President Dilma Rousseff is starting her second term in office facing economic and political problems that feed into each other. These problems can be attributed to a large extent to mistakes her administration made during her first term. Rousseff’s macroeconomic policy proved to be inconsistent, and the choices she made in some key economic sectors, especially energy, were demonstrably disastrous. Rousseff now faces the enormous challenge of reconciling the leftwing populism that led her to victory with the inescapable need to regain the trust of the most dynamic sectors of Brazilian society, including the private sector.

This year marks a turning point in Argentinian politics now that Cristina Fernández de Kirchner lacks the constitutional possibility of being reelected. And with the party system fragmented as it is, no candidate has a clear victory.

Qatar’s reforms have opened the floodgates of women’s opportunities in education and defined the small nation as a hub of research and higher learning within the greater Middle East. What are the implications of the abundance of highly educated women in Qatar?

Anticipation is growing as India's Prime Minister Narendra Modi prepares to release his government’s annual budget. International economics fellow Russell Green advises Modi to go big.