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Peterson Institute for International Economics

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Derniers articles

  • Views of the Trump Administration : Pew Survey Results for Japan, Korea and Russia

    27 juillet 2017, par Stephan Haggard
    Pew has been polling foreign publics for some time on views of the United States, and in a recent effort has added a number of questions on the Trump administration. We don’t have results from North Korea, obviously, nor even from China; I report here the findings for the three other Six (...)
  • The Fed Takes a Summer Vacation

    26 juillet 2017, par Joseph E. Gagnon
    The Federal Open Market Committee (FOMC) met today and decided to keep policy on hold. This decision was largely expected. The statement was nearly identical to that issued in June. The Fed is happy with the pace of economic growth and job creation but is mildly concerned about an inflation (...)
  • NAFTA Mischief in Fruits and Vegetables

    26 juillet 2017, par Gary Clyde Hufbauer, Euijin Jung
    A little noticed bullet point in the Trump administration’s " Summary of Objectives for the NAFTA Renegotiation " might sound harmless enough to some. It proposes to expedite the process by which American growers could halt an influx of imports of Mexican produce like tomatoes, (...)
  • Why Reducing Trade Deficits with NAFTA Is the Wrong Strategy

    26 juillet 2017, par C. Fred Bergsten
  • Trump’s NAFTA Agenda : The Good, the Bad, and the Indeterminate

    26 juillet 2017, par C. Fred Bergsten
    The Trump administration’s “Summary of Objectives for the NAFTA Renegotiation,” circulated by the United States Trade Representative (USTR) July 17, paves the way for negotiations on the North American Free Trade Agreement (NAFTA) to begin next month. The USTR document, the first detailed (...)
  • With Friends Like These...

    25 juillet 2017, par Marcus Noland
    A typical pattern in enacting sanctions against North Korea is for sponsors in the US House of Representatives to introduce legislation which passes out of committee or is even approved by the full House but goes nowhere in the Senate. But the die has been cast, and when the next North (...)
  • Boom, Slump, Sudden Stops, Recovery, and Policy Options : Portugal and the Euro

    24 juillet 2017, par Olivier Blanchard, Pedro Portugal
    Over the past 20 years, Portugal has gone through a boom, slump, sudden stop, and now a timid recovery. Unemployment has decreased but remains high, and output is still far below potential. Private and public debts are high, and productivity growth remains low. The authors argue that the main (...)
  • Why China Isn’t Ready Yet to Lead Globalization

    24 juillet 2017, par Caroline Freund
    As the United States under President Donald Trump retreats from its leadership role on global integration, China is well placed to take the position. It is the world’s largest exporter and by some measures also the world’s largest economy. It is time for China to play a bigger role in (...)
  • Scenarios for Concluding the NAFTA Talks

    24 juillet 2017, par Gary Clyde Hufbauer, Euijin Jung
    Canada and Mexico want to conclude the renegotiation of the North American Free Trade Agreement (NAFTA) by December 2017, but their hopes are likely to be frustrated. A main reason is that the US negotiating objectives, announced by the US Trade Representative (USTR) on July 17, are bound (...)
  • Will Rising Interest Rates Lead to Fiscal Crises ?

    24 juillet 2017, par Olivier Blanchard, Jeromin Zettelmeyer
    A balanced, broad-based economic recovery seems under way in all major regions of the world. Managing the recovery poses challenges in the short run but they appear relatively benign. Looking forward, however, the authors see a set of new risks: (1) Partly because of the crisis and partly (...)

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