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85 Results
US flag drapes around Middle East regional map
From Desert Storm to Implementation Day, a Gulf of Expectations
With the implementation of the Iran nuclear agreement, many Gulf Cooperative Council states now openly wonder whether U.S. support can still be relied upon, given the speed with which the U.S. government has engaged Iran in negotiation and diplomacy since 2013. This incomprehension may lead to further instability in the Middle East as the Gulf States continue to take increasingly unilateral action in Yemen and other regional conflict zones, fellow for the Middle East Kristian Coates Ulrichsen writes.
Kristian Coates Ulrichsen January 19, 2016
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The Unfavorable Economics of Currency Manipulation Chapters in Trade Agreements
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.
Russell Green April 27, 2015
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The Trans-Pacific Partnership Agreement: The Stakes for Mexico and the United States
The Trans-Pacific Partnership Agreement offers an opportunity to deepen U.S.-Mexico economic ties without reopening the still contentious North American Free Trade Agreement for negotiation. It may also serve as a vehicle for advancing the current Mexican government’s economic reform agenda. The leaders of the U.S. and Mexico believe that the TPP will bolster domestic economic growth.
Joe Barnes September 17, 2014