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 mysterious death of a special prosecutor who accused Argentina’s president of “an alliance with terrorists” has shaken the nation. If the prosecutor’s allegations prove to be true, the scandal will test whether democracy in Argentina means that all citizens — including the president — are accountable under the law.
After more than half a century of a highly restrictive policy toward Cuba that ranged from an economic embargo to prohibiting most travel by U.S. citizens to the island, President Obama announced on Dec. 17, 2014, that Washington and Havana hope to restore diplomatic relations in the near future. While President Obama's new Cuba policy falls short of lifting the embargo, which can only be done through congressional action, it nonetheless represents a historic shift in U.S. relations and leadership in Latin America.
The United States and Cuba, it seems, are poised to resume diplomatic relations severed in 1961. Fellow Joe Barnes explains why normalization of relations between the two countries is simple "good sense."
Read "Normalizing U.S.-Cuban relations: Long overdue" in the Dec. 18, 2014, Baker Institute Blog.
India’s Prime Minister Narendra Modi, once barred from entering the U.S., is getting a rock star welcome on his first trip here since being elected in May. “Am I the only India follower who is bored with Modi’s spectacle of a U.S. visit?” asks international economics fellow Russell Green. “The glitz is fun, but I am an economic policy wonk, and from my perspective, there is little to capture the imagination.”
Talk of a “pivot to Asia” that supposedly would mark President Obama’s second term is “misplaced and even simplistic,” writes fellow Kristian Coates Ulrichsen. In a globalized world, “key U.S. relationships with strategic and commercial partners … cannot be addressed in isolation from one another. The convergence of U.S. ties and Asian ties with the Middle East is a case in point highlights how regions and issues are interconnected as never before.”
Joe Barnes, the institute's Bonner Means Baker Fellow, blogs on concern in Kyiv, Washington and European capitals — not too far-fetched, given Russia’s seizure of Crimea last month — that Moscow might invade Eastern Ukraine on the pretext of protecting Russian speakers.
Cancer drug shortages are almost uniquely associated with generic drugs (small profit margins) and rarely with patented drugs (large profit margins). They are common in the U.S., but uncommon in Europe and elsewhere, where generic drug prices are on average higher than in the U.S. This suggests the main cause of drug shortages is economic.