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October 7, 1999

Trade
The Diminishing Returns to Export-Led Growth

Overview In the 1970s and 1980s, there was a tremendous sea-change in development policy thinking, among both academic economists and policymakers. The inward-oriented, import-substitution strateg…

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October 28, 1999

Financial Markets
The American Stock Market as a Financial Risk

Overview Developed nation policymakers will not likely have to deal with a US stock market decline that precipitates a global downturn. Most likely, guided by active, informed markets and sound go…

November 17, 1999

Trade
Who Decides? Congress and the Debate Over Trade Policy in 1934 and 1974

Introduction Governor Adlai E. Stevenson thought trade policy was boring; he once described it as one field where the greatest need is for fresh clichés. He had a point. In the long period that th…

February 17, 2000

Asia
The Perils of Being No.1

Overview The cumulative impact of U.S. global and regional policies and behavior, a broad regional trend of emerging, multi-faceted national self-assertiveness, and regional economic dynamics add …

April 1, 2000

China
China, Nuclear Weapons, and Arms Control

Few challenges loom as large on the U.S. foreign policy agenda as the effective management of relations with the People's Republic of China (PRC). This is a perennial challenge, given China's central…

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