Trade

Op-Ed

Don't Give It Currency

Authors: Jagdish N. Bhagwati and Arvind Panagariya
The Times of India

Jagdish N. Bhagwati and Arvind Panagariya argue that it is a mistake for India to join the United States in "China bashing" over the value of the renminbi. With its savings rate high and rising, India too could run into the Chinese "problem" of a current account surplus.

See more in Emerging Markets, International Finance, Trade

Podcast

Trade vs. Marine Conservation

Environmental politics expert Pamela Chasek says the failure to protect a number of endangered marine species from international trade under a global treaty underscores the continuing tensions between short-term needs and sustainable development.

See more in Trade, Energy/Environment, UN

Op-Ed

How to Destroy American Jobs

Author: Matthew J. Slaughter
Wall Street Journal

Matthew Slaughter argues that tax increases on the foreign operations of U.S. based multinationals would not create American jobs, but destroy them. For many global firms there is an inherent complementarity between foreign and U.S. operations.

See more in Geoeconomics, Trade

Op-Ed

A Thoughtless Tax

Authors: Jagdish N. Bhagwati and Arvind Panagariya
The Times of India

Proposals that any carbon tax in developing countries which falls below the one in the developed countries should be offset through other means like border taxes spring from fears that have no basis in economic analysis, write Jagdish Bhagwati and Arvind Panagariya.

See more in Trade, Climate Change, WTO

Expert Brief

The Vanishing WTO

Author: Marc Levinson

Amid the global economic downturn, the World Trade Organization has been reduced to a talking shop as the prospects for a new global trade deal grow dimmer, says CFR's Marc Levinson.

See more in Trade, WTO