Jagdish Bhagwati criticizes U.S. President Barack Obama for failing to close the Doha Round, decrying outsourcing, and surrending to the "manufactures fetish."
Trade accounts for an increasing portion of the U.S. economy, and the Obama administration has embraced a ramped up export strategy. But debate persists over the merits of a vigorous free trade agenda.
Matthew J. Slaughter, CFR's adjunct senior fellow for business and globalization, and William F. Owens, senior fellow at University of Denver's Institute for Public Policy Studies and former governor of Colorado, discuss the CFR-sponsored Independent Task Force on U.S. Trade and Investment Policy, as part of CFR's State and Local Officials Conference Call Series.
President Obama's plans for a consolidated trade and commerce department underscores his goal of doubling U.S. exports by the end of 2014, but some question how creatinga larger organization will increase efficiency.
Jagdish Bhagwati argues that while the Trans-Pacific Partnership (TPP) is being sold in the United States as evidence of American leadership on trade, the exact opposite is true.
Russia's pending membership in the World Trade Organization could alter its global economic standing and boost trading partners. But experts say Moscow must restructure its economy to benefit from joining the club.
Jagdish Bhagwati and Rajeev Kohli make the case for proposed reforms to India's retail sector that would allow the entry of retail giants like Wal-Mart, Tesco, and Carrefour.
The U.S.-Canada Regulatory Cooperation Council (RCC) Action Plan was released in December 2011. The plan pertains to the two countries' bilateral trade and investment relationship.
U.S. and EU leaders issued this joint statement on November 28, 2011 following a White House meeting between President Obama and European Commission president Jose Manuel Barroso.
A multilateral free trade deal, the Trans-Pacific Partnership, dominated President Obama's agenda at the APEC summit in Hawaii. This is part of a U.S. effort to increase economic cooperation with Asia to boost exports and create jobs, says expert Simon Tay.
Despite U.S. Congressional ratification of the Korea-U.S. Free Trade Agreement (KORUS), KORUS ratification by the South Korean National Assembly has proven to be more difficult than anticipated. While Korean public opinion towards KORUS remains supportive, the task of securing ratification for KORUS has been made more difficult by the Seoul mayoral bi-election win of independent progressive Park Won-soon in a vote seen as a rejection of the Lee Myung-bak administration's failure to deliver on growth policies and as evidence of an underlying shift in Korean public attitudes toward distribution over growth.
Authors: Edward Alden, Clyde V. Prestowitz, Thea Lee and C. Fred Bergsten
Four experts weigh in on the role of free trade in driving U.S. economic growth and competitiveness amid high U.S. unemployment and a faltering global economic recovery.
The Asia Society Task Force reviews the phenomenon of East Asian regionalism and offers policy-relevant suggestions for the Obama administration to renew and deepen engagement between the United States and Asia.
Rob Quartel, chairman and CEO of NTELX, discusses the need for investment in U.S. infrastructure with CFR's James M. Lindsay. "We really have to focus on alternative means for paying for infrastructure," argues Quartel.
Kurt J. Nagle, president and CEO of the American Association of Port Authorities, discusses the infrastructure investment needed to increase U.S. trade and competitiveness with CFR's director of studies, James M. Lindsay.
The Council on Foreign Relations' David Rockefeller Studies Program—CFR's "think tank"—is home to more than seventy full-time, adjunct, and visiting scholars and practitioners (called "fellows"). Their expertise covers the world's major regions as well as the critical issues shaping today's global agenda. Download the printable CFR Experts Guide.
Gause posits that, though the Arab Awakening has caused tensions in Saudi-American relations, the two countries do not face a crisis and still have significant mutual interests that should be prioritized.
The authors assess the strengths and weaknesses of international institutions and provide a set of practical recommendations for how the United States can strengthen the global architecture for preventive action by partnering with those organizations.
A leading Middle East scholar pens this "good introduction to the Saudi paradox of social change and political stability and an invaluable guide to the challenges the country faces." More