Exporting Corruption
In 2008, when I was a Fulbright professor at Nankai University in Tianjin, China, the international school my children attended hired a local contractor to build a new classroom wing. As the building reached completion, the relationship went sour: the construction did not meet the criteria originally agreed upon. As the parties began to fight … Read more
China’s Global Rise
China has taken a renewed interest in the five-sixths of the world that is still developing—the area famously christened the “Third World” by Jawaharlal Nehru at the dawn of the Cold War. But China’s identification with the emerging world is by no means new.1 And the interest is not just rhetorical: it is borne out … Read more
CAFTA-DR Pact:Opening up new frontiers
As President George W. Bush pressures Congress to ratify the U.S.-Colombia Trade Promotion Agreement, it is worth examining the results to date of the Dominican Republic-Central America-U.S. Free Trade Agreement (CAFTA-DR). That agreement, involving the United States, five Central American countries (Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua) and the Dominican Republic has taken … Read more
Free Trade and Poverty
Is globalization a leading cause of rising inequality? Or does it help reduce poverty? These questions are at the heart of the major economic and social challenges confronting both high income and developing countries today. For developed industrial nations, the answers are bound to determine the outcome of the currently troubled Doha Round of trade talks—and possibly the future direction of the global multilateral trading system itself. But the stakes are no less high for developing countries.
Expand Trade—Even with Cuba
Congratulations, Mr. President-elect. Amidst the celebratory post-election fervor of the past few weeks I hope you have caught glimpses of the transcendent significance of your victory, and the powerful inspiration that it provides to the citizens of the U.S. and, indeed, the world. In fact, there can be little doubt that your ascension to the presidential office validates and illuminates many of the core tenets of your nation.
