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56 Results
Trade containers behind a fence.
Latin America Initiative | Issue Brief
Trade Liberalization in Brazil: When and How?
Brazil's economy is among those most closed to foreign trade. Debate on trade policy has returned to the political agenda, but domestic and international circumstances do not currently favor reform. This brief discusses the outlook for trade policy reform in Brazil during President Michel Temer's term and the challenges that will be faced by any succeeding government.
Pedro da Motta Veiga March 21, 2017
Shipping Containers
Latin America Initiative | Issue Brief
Brazil's Trade Negotiations Agenda: Moving Away From Protectionism?
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 Rios August 27, 2015
One hundred dollar bills
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
This photo shows the Chinese flag.
Latin America Initiative | Issue Brief
China’s “Second Wave” in South America
South America is likely facing a "second wave" of Chinese investment. How will China's rise to global economic power — and its transition to a new economic growth model — impact South America?
Pedro da Motta Veiga February 9, 2015