Gary Clyde Hufbauer

Jeffrey J. Schott

Diana Clark

"Thorough analysis of processes and consequences of proposals for extending NAFTA throughout the Western Hemisphere; seeks to assess both economic and political consequences of several avenues that might be followed, including impact on the global trading

Western Hemisphere Economic Integration

F. Michael Adler

Overseas Manufacturing Investment and the Balance of Payments

Daniel C. Esty

Diana Orejas

Luis Rubio

The North American Free Trade Agreement (NAFTA) was a proposal to advance regional integration of the United States, Canada and Mexico. This analysis reviews: the environmental provisions of the NAFTA; the NAAEC; the situation at the US-Mexican border; and the trends in US environmental policy.

Seven Years Later

NAFTA and the Environment

Shahid Javed Burki

Explores the diplomatic and economic relationship between the US and Pakistan, as it reflects the ups and downs of global and regional geopolitics.

Sustaining Reform with a US-Pakistan Free Trade Agreement

Richard E. Baldwin

Richard E.. Baldwin

Important new study concludes that a FTA between the two countries would be highly worthwile to both.

The Shape of a Swiss-US Free Trade Agreement

This revised edition of the classic book chronicles and examines 170 cases of economic sanctions imposed since World War I. Fifty of these cases were launches in the 1990s and are new to this edition. Special attention is paid to new developments arising from the end of the Cold War and the increasing globalization of the world economy.

Economic Sanctions Reconsidered

Kati Suominen

History has declared globalization the winner of the 20th century. Globalization connected the world and created wealth unimaginable in the wake of the Second World War. But the financial crisis of 2008-09 has now placed at risk the liberal economic policies behind globalization. Engulfing the entire world, the crisis gave new fuel to the skeptics of the benefits of economic integration. Policy responses seem to favor anti-globalizers. New regulations could balkanize the global financial system, while widespread protectionist impulses might undo the Doha Round. Issues from climate change to national security may be used as convenient excuses to keep imports out, keep jobs at home, and to clamp down on global capital. Will globalization triumph or perish in the 21st century? What reforms make sense in the post-crisis world?International economists Gary Clyde Hufbauer and Kati Suominen argue that globalization has been a force of great good, one that needs to be actively advanced and honed. Drawing on the latest economic analyses, they reveal the drivers and effects of global finance and trade, lay out the key risks to globalization, and offer a practical policy roadmap for managing the challenges while increasing the gains. Vital reading for anyone in business, finance, foreign affairs, or economics, Globalization at Risk is sure to advance public debate on this defining issue of the 21st century.

Globalization at Risk

Kimberly Ann Elliott

Institute for International Economics (U.S.)

This volume contains a review of evidence to assess whether sanctions work, to assess what determines their success and to assess why their effectiveness has declined. It looks at the uses of economic sanctions since 1914 and evaluates the effectiveness of sanctions as a policy tool. It contains 11 case studies of different countries which each include a chronology; the sanctioning country's objectives; the target country's response; the roles played by important third countries; relevant economic data and a calculation of costs; and an assessment of the outcome.

History and Current Policy

Woan Foong Wong

The Doha Round marked its eighth birthday in November 2009, making it the longest running multilateral trade negotiation in the postwar era. Doha participants continue to disagree about prospective liberalization of agriculture and manufactures and have barely begun to consider reductions in barriers to trade in services. Negotiators have missed every deadline to conclude the talks, leading some to question the viability of the entire venture. After nearly nine years of inconclusive meetings, the trade talks are at a tipping point: A global trade deal is still possible with renewed political commitment to trade reform, but continued drift could result in the first outright failure of a multilateral trade round in the postwar era. This policy analysis shows that the Doha Round can still be successfully concluded with a concerted push by the major trading nations. Contrary to the Doha doomsayers, the potential gains from proposals now on the table are significant, albeit not sufficient to close a deal. The authors estimate the trade gains and GDP gains from a prospective Doha deal that "tops up" existing commitments to liberalize agriculture, manufactures, and services. They also suggest what each of the major trading nations needs to do to ensure the successful completion of a Doha package that is both ambitious and balanced between the interests of developed and developing countries.

Gary Clyde Hufbauer

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