Trade

Foreign Affairs Article

Gangster's Paradise

Author: Peter R. Andreas

Despite media hoopla, cross-border crime -- illegal drugs sales, evasion of taxes, intellectual property theft, and money laundering -- is hardly a new phenomenon. For much of history, moreover, the United States was as much perpetrator as victim. Recognizing this awkward truth should help cool down overheated debates about today's transnational problems and how to respond to them.

See more in Trade, International Crime

Foreign Affairs Article

Losing Controls

Author: Mitchel B. Wallerstein

Strict export restrictions are making U.S. businesses less competitive and the country less secure. Policymakers must craft new regulations to help, rather than harm, U.S. interests.

See more in United States, Trade

Foreign Affairs Article

Low and Behold

Author: Edward L. Morse

Despite common assumptions, oil prices are likely to remain low for a while: key producers, especially Saudi Arabia, have been boosting their production, and demand growth in top consumers like the United States and China will be more modest than expected.

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Foreign Affairs Article

Has Globalization Passed Its Peak?

Authors: Rawi Abdelal and Adam Segal

Not long ago, the expansion of free trade worldwide seemed inevitable. Over the last few years, however, economic barriers have started to rise once more. The forecast for the future looks mixed: some integration will probably continue even as a new economic nationalism takes hold. Managing this new, muddled world will take deft handling, in Washington, Brussels, and Beijing.

See more in Geoeconomics, Trade

Analysis Brief

Gloomy Portents for Global Trade

Author: Lee Hudson Teslik

A downbeat Davos summit brings warnings of trade protectionism into the limelight. Economists say these concerns should be taken into account as leaders of industrialized nations craft economic stimulus plans.

See more in Trade, WTO