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Begin New Search Topic Political Economy Political Geography United States Content Type Working Paper Publishing Institution Council on Foreign Relations

1. Despite Recession, Immigration Reforms Essential to Normalize Labor Flows: Interview with Michael Chertoff

Author:
Robert McMahon
Publication Date:
03-2009
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
Interview with Michael Chertoff, Former Homeland Security Secretary, on how immigration reforms are essential to normalize labor flows. The global economic crisis has triggered calls in some U.S. policy circles for tightening immigration rules to prevent non-Americans from competing for scarce jobs. Yet despite conditions, lawmakers should be preparing changes to immigration policy in anticipation of the country's economic revival, says former Homeland Security Secretary Michael Chertoff, who had jurisdiction over immigration issues. "We are going to need to have some workers coming from other parts of the world to do the jobs that Americans will not be willing to do," Chertoff said. In addition, he said, U.S. officials should increase contacts with Mexican authorities to work out a system for rationalizing the legal flow of migrant workers into the United States. He also stressed that tough enforcement of immigration laws, at the workplace and border, must be at the core of comprehensive reforms.
Topic:
International Relations, Economics, Human Rights, and Political Economy
Political Geography:
United States and Latin America

2. The Global Consequences of the Crisis, Session One in the Stephen C. Freidheim Symposium on Global Economics on Financial Turbulence and U.S. Power

Author:
Joseph S. Nye Jr and Philip D. Zelikow
Publication Date:
05-2009
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
Stephen C. Freidheim Symposium on Global Economics Transcript: Joseph Nye, Philip Zelikow, Sebastian Mallaby, and Richard Medley discuss the global consequences of the financial crisis This session was part of the Stephen C. Freidheim Symposium on Global Economics: Financial Turbulence and U.S. Power, which was made possible through the generous support of Stephen C. Freidheim.
Topic:
Foreign Policy, Economics, Globalization, and Political Economy
Political Geography:
United States

3. A New Beginning: Recasting the U.S.-Japan Economic Relationship

Author:
Bruce Stokes
Publication Date:
07-2000
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
The time is ripe for a bold new initiative to recast the U.S.-Japan economic partnership for the 21st century. A new Japan is emerging. Foreign investment is on the rise. Tokyo is deregulating and restructuring its economy. A new generation of Japanese entrepreneurs and venture capitalists has arrived on the stage.
Topic:
Economics and Political Economy
Political Geography:
United States, Japan, Israel, East Asia, Asia, and North Africa

4. Economic Crisis and Corporate Reform in East Asia

Author:
Meredith Woo-Cumings
Publication Date:
06-2000
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
The Asian financial crisis of 1997–98 involved, among other things, a failure of regulation. Some believe this failure is endemic to global capitalism, and others believe it was profoundly local and idiosyncratic, emanating from regulatory flaws in the affected countries, stretching an arc from Thailand and Indonesia to Korea and Japan. There is also a debate about the nature of the regulation that failed. Some argue that the crisis emanated from a surfeit of nettlesome regulations and endemic industrial policy; others claim it happened for want of effective regulations and (even) industrial policy. Across the hypotenuse of these disagreements, however, stretches a universal recognition that regulatory infrastructure and institutions do matter and that they must play a major role in the way we think about economic development. After the miracle years in East Asia, “good governance” has become the Spirit of the Age.
Topic:
Economics and Political Economy
Political Geography:
United States, Japan, Indonesia, Israel, East Asia, Asia, Korea, and Thailand

5. The Paradox of Free Market Democracy: Indonesia and the Problems Facing Neoliberal Reform

Author:
Amy L. Chua
Publication Date:
06-2000
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
This paper will situate the recent problems in Indonesia in a more general framework that I will call the paradox of free-market democracy. The basic thesis I will advance is as follows. In Indonesia, as in many developing countries, class and ethnicity overlap in a distinctive and potentially explosive way: namely, in the form of a starkly economically dominant ethnic minority—here, the Sino-Indonesians. In such circumstances, contrary to conventional wisdom, markets and democracy may not be mutually reinforcing. On the contrary, the combined pursuit of marketization and democratization in Indonesia may catalyze ethnic tensions in highly determinate and predictable ways, with potentially very serious consequences, including the subversion of markets and democracy themselves. The principal challenge for neoliberal reform in Indonesia will be to find institutions capable of grappling with the problems of rapid democratization in the face of pervasive poverty, ethnic division, and an historically resented, market-dominant “outsider” minority.
Topic:
Economics and Political Economy
Political Geography:
United States, Israel, and East Asia