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2. Unpacked: New trade tariffs and the U.S. economy
- Author:
- Eswar Prasad
- Publication Date:
- 01-2018
- Content Type:
- Video
- Institution:
- The Brookings Institution
- Abstract:
- Brookings Senior Fellow Eswar Prasad unpacks the impact of the new steel and aluminum tariffs proposed by the Trump administration. He explains that the new tariffs have undermined America’s leadership as proponents of free trade and will decrease America’s economic influence across the globe.
- Topic:
- International Political Economy
- Political Geography:
- America
3. The new dynamics of global energy and climate
- Author:
- Rachel Kyte
- Publication Date:
- 11-2018
- Content Type:
- Video
- Institution:
- The Brookings Institution
- Abstract:
- On the heels of a major new report from the Intergovernmental Panel on Climate Change on the rising risks of climate impacts, on November 19th Brookings hosted Rachel Kyte, CEO of Sustainable Energy for All, in conversation with David G. Victor.
- Topic:
- Climate Change, International Political Economy, and Climate Finance
- Political Geography:
- Global Focus
4. Responding to the Global Financial Crisis
- Author:
- Brookings Institute
- Publication Date:
- 09-2018
- Content Type:
- Video
- Institution:
- The Brookings Institution
- Abstract:
- Ten years after the lowest moments of the worst financial crisis and deepest recession in generations, former Federal Reserve Chairman Ben Bernanke and former Treasury Secretaries Tim Geithner and Hank Paulson—chief architects of the rescue that prevented a repeat of the Great Depression—look back and look ahead in an interview conducted by Andrew Ross Sorkin of the New York Times and CNBC.
- Topic:
- International Political Economy
- Political Geography:
- Global Focus
5. Closing the financing gap for African energy infrastructure: Trends, challenges, and opportunities
- Author:
- Amadou Sy and Amy Copley
- Publication Date:
- 04-2017
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- Lack of energy access presents a formidable, but not insurmountable, challenge to African development. Energy poverty afflicts nearly 620 million people in Africa, limiting economic opportunities and creating health risks through the use of low-cost, alternative energy sources, such as wood fuel (IEA 2014). Without access to secure, reliable sources of electricity, households, businesses, schools, and hospitals cannot operate effectively, reducing quality of life and restricting human capital. As acknowledged in the global sustainable development agenda, addressing these energy needs is fundamental to achieving economic and human development objectives. African governments and their partners in the private sector and international development community have taken this to heart as can be seen by the growing policy attention and resources they are allocating to the continent’s energy sector.
- Topic:
- International Political Economy, Global Markets, and International Development
- Political Geography:
- Africa
6. Why trade facilitation matters now more than ever
- Author:
- Antoni Estevadeordal
- Publication Date:
- 04-2017
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- On February 22, 2017, the World Trade Organization’s (WTO) Trade Facilitation Agreement (TFA) entered into force. The TFA was concluded at the WTO Bali Ministerial Conference in 2013. Since then, countries have been working on implementing the agreement in their domestic markets to reach the two-thirds requirement for implementation.[1] As of March 2017, 113 members (or 69 percent of WTO members) have ratified the agreement—including 19 Latin American and Caribbean (LAC) countries—and another 93 countries have notified the WTO of their timeline for each TFA provision, giving a comprehensive picture of the state of the agreement.
- Topic:
- International Political Economy and International Trade and Finance
- Political Geography:
- Global Focus
7. Addressing the accelerating labor market dislocation from digitalization
- Author:
- Roger Burkhardt and Colin I. Bradford Jr.
- Publication Date:
- 03-2017
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- In this policy brief, we highlight the impact of the speed and the scale that digital innovation will have in disrupting labor markets in the future, which requires anticipating policy responses now. We advocate for the formation of new social partnerships between business, labor, governments, financial institutions, and social stakeholders to forge comprehensive policy responses to address the coming social impact of technological change. This brief was used at the VISION 20 Workshop held at the Brookings Institution on February 27, 2017 to help generate new “big picture” policy approaches for the German G-20 Summit in Hamburg in July. The workshop was sponsored by the University of British Columbia Institute for Asia Research, the Munk School at the University of Toronto, the Boell Foundation, and the Friedrich Ebert Stiftung with the participation of the Kiel Institute for the World Economy and the German Development Institute.
- Topic:
- International Political Economy and International Development
- Political Geography:
- Global Focus
8. Unpacked: US NAFTA renegotiations
- Author:
- Joseph Parilla
- Publication Date:
- 09-2017
- Content Type:
- Video
- Institution:
- The Brookings Institution
- Abstract:
- Brookings Fellow Joseph Parilla discusses the renegotiation of NAFTA 25 years after its creation and explains the importance of NAFTA to the U.S. economy at both the national and local level.
- Topic:
- International Political Economy and International Affairs
- Political Geography:
- America and Global Focus
9. The Trans-Pacific Partnership The politics of openness and leadership in the Asia-Pacific
- Author:
- MIREYA SOLIS and Mireya Solis
- Publication Date:
- 10-2016
- Content Type:
- Working Paper
- Institution:
- The Brookings Institution
- Abstract:
- Trade policy, and the Trans-Pacific Partnership (TPP) in particular, is vitally connected to the national interests of prosperity, security, and governance. With novel rules on the digital economy, high tariff elimina- tion targets, and disciplines to address behind-the-border protectionism, the TPP creates opportunities for American sectors that enjoy competitive strength—services, advanced manufacturing, agriculture—to expand their reach in overseas markets. Projected annual income gains from this trade deal range between $57 billion and $131 billion by 2032, compared to a base- line scenario. In sharp contrast to the experience of import competition with China, the TPP will not impose large adjustment costs in terms of employment and wages, generating instead a net (albeit small) positive effect on job creation and wage rates. However, the individual costs for displaced employees are very high, and the contours of a new pro-adjustment safety net that enables workers to navigate difficult economic transitions (brought about by technological change or trade) are highlighted below.
- Topic:
- Globalization, International Political Economy, and International Trade and Finance
- Political Geography:
- America and Asia-Pacific
10. China’s Global Rise Can the EU and U.S. Pursue a Coordinated Strategy?
- Author:
- Philippe Le Corre and Jonathan Pollack
- Publication Date:
- 10-2016
- Content Type:
- Special Report
- Institution:
- The Brookings Institution
- Abstract:
- China’s emergence as a global economic power and its fuller integration in the international order are among the principal policy challenges facing Europe and the United States in the early 21st century. At the time of Beijing’s entry into the World Trade Organization (WTO) in 2001, China (though already growing rapidly) was in global terms an economic actor of limited consequence. A decade and a half later, China’s transformation is without parallel in economic history. Over the past 15 years, China has experienced an eightfold increase in GDP, enabling it to serve as the pri- mary engine of global economic growth in the early 21st century. It has leapfrogged from sixth to second place among the world’s economies, trail- ing only the United States in absolute economic size. In addition, China has become the world’s leading trading state and is now the second largest source of outward foreign direct investment. Change of this magnitude has enhanced China’s political power and eco- nomic leverage. It has also stimulated China’s internal economic evolution, simultaneously expanding the power of state-owned enterprises (SOEs) while also contributing to major growth in the private sector. China has also begun to think bigger, devoting increased attention to the rules of global economic governance. Although Beijing insists it has no intention of supplanting the existing international order, China contends that chang- ing power realities will require modification of global rules.
- Topic:
- International Cooperation, International Political Economy, and Geopolitics
- Political Geography:
- China, America, and Europe
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