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Trade Liberalization: Cordell Hull and the Case for Optimism

by Douglas A. Irwin
The news that the Doha Round of the World Trade Organization has broken down in Geneva has made many Americans pessimistic about the future of multilateral trade agreements. In this Center for Geoeconomic Studies Working Paper, Douglas A. Irwin makes the case for optimism and argues that the key to advancing the free-trade cause is political leadership of the sort demonstrated by a heroic but near-forgotten figure, the late secretary of state Cordell Hull of Tennessee. Irwin traces Hulla's path through the decades and shows how his legacy lights the way for leaders of both political parties.
Article

Afghanistan: The Case for Optimism

by Max Boot
Max Boot says a strategy that focuses on defeating the Taliban and reducing the corruption that allows them to thrive can produce victory in Afghanistan.
Op-Ed

Doha - The Last Mile

by Jagdish N. Bhagwati, Arvind Panagariya
In this New York Sun op-ed, Jagdish Bhagwati and Arvind Panagariya make the case for optimism on the Doha Round. A compromise is possible if the U.S. agrees to cap trade-distorting subsidies at a minimum of the current payouts and India agrees to a downscaling of the Special Safeguard Mechanism.
Other Report

Global Economics Monthly: October 2015

by Robert Kahn
Steven A. Tananbaum Senior Fellow for International EconomicsA Robert KahnA argues thatA China's growth prospect lies somewhere between hard-landing and muddle-through scenarios. However, uncertainty remains and is already being felt strongly and likely to put increasing pressure on emerging markets through trade contraction and financial contagion. For the United States, fragility in emerging markets is the critical risk and will dominate economic decision-making for months if not years to come.A 
Other Report

Global Economics Monthly: May 2015

by Robert Kahn
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that it is time for central banks to debate whether a higher inflation target would improve the operation of monetary policy.
Other Report

Global Economics Monthly November 2015

by Robert Kahn
Steven A. Tananbaum Senior Fellow for International EconomicsA Robert KahnA argues thatA the concerns driven by China's economic problemsA are modest compared to the 1997 Asian financial crisis or the Great Recession. However,A there are reasons for concern: large financial imbalances, weak global growth, inadequate official resources, and political pressures.A While a severe global financial crisis remains a tail risk, policymakers need to be prepared to respond.A 
Council Special Report

Revising U.S. Grand Strategy Toward China

by Robert D. Blackwill, Ashley J. Tellis
Robert D. Blackwill and Ashley J. Tellis argue that the United States has responded inadequately to the rise of Chinese power. This Council Special Report recommends placing less strategic emphasis on the goal of integrating China into the international system and more on balancing China's rise.
Other Report

2015 Report Card on International Cooperation

As countries around the world struggle to combat major global challenges from terrorism to climate change, a Council of Councils Report Card on International Cooperation finds that multilateral action on most of the critical transnational threats is sorely lacking.
Foreign Affairs Article

Ebolaa's Lessons

by Laurie Garrett
In a biological sense, last yeara's Ebola epidemic, which struck West Africa, spilled over into the United States and Europe, and has to date led to more than 27,000 infections and more than 11,000 deaths, was a great surprise. Local health and political leaders did not know of the presence of the hemorrhagic fever virus in the 35,000-square-mile Guinea Forest Region, and no human cases had ever been identified in the region prior to the outbreak.
Transcript

Soldier-Authors: The Iraq and Afghanistan Wars in New Works of Fiction

with Elliot L. Ackerman, Matthew Gallagher, Michael Pitre, Peter Godwin
Elliot L. Ackerman, author of Green on Blue: A Novel, Matthew Gallagher, author of Youngblood, and Michael Pitre, author of Fives and Twenty-Fives, join PEN American Center's Peter Godwin, to discuss the authorsa' military experiences during the Iraq and Afghanistan wars and what led each of them to write war-related novels.