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Free Trade and Poverty

December 11, 2008 by admin

Reading Time: 2 minutes

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

October 21, 2008 by admin

Reading Time: < 1 minute

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.