The next Democratic president should build on Bill Clinton's legacy of embracing globalization and easing its downsides. This means developing a new system of global economic relations based on American leadership, open markets, engagement with China and other emerging markets, and stronger multilateral regimes to handle transnational challenges such as the environment, labor rights, and the information economy. A new world will need a global New Deal.
Executive summary of a recent book by the Institute of Medicine and National Research Council of the National Academies. The book examines how biotechnologies are enabling previously unimagined applications, specifically examining questions of terrorism and national security.
During a seemingly successful trip to Asia in November, Barack Obama announced several breakthroughs. Among them was a promise that the United States and Asian nations would proceed toward the Trans-Pacific Partnership, or TPP, a free-trade deal that, if enacted, would create a free trade area with a total gross domestic product of more than $27 trillion.
In light of the recent turmoil in the foreign exchange markets, Benn Steil condenses the arguments of his recent Foreign Affairs article, 'The End of National Currency,' for Canada's leading financial daily.
Many are viewing the UAW-GM strike as Exhibit A for how globalization damages America . Matthew Slaughter argues that America ’s automobile industry is a prime example of the aggregate gains generated by the dynamic and interrelated forces of trade, investment and technological change. He questions how the presidential contenders will craft an American economic policy that both allows greater globalization and also spreads its gains as widely as possible.
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