The Wilson Center's Global Energy Initiative (GEI) was featured in the Wilson Center Centerpoint. Along with other programs, the GEI explores energy costs, demand, resources, and environmental ramifications in countries around the world.
In the wake of this weekend's elections in France, Greece, and other parts of Europe, headlines across the globe suggest that voters have delivered a major anti-austerity message to their governments. Wilson Center expert Kent Hughes provides analysis and perspective on what political change in France and other countries might mean.
A letter to the editor written by the Program on America and the Global Economy's Director, Kent Hughes discussing U.S. manufacturing is featured in the Financial Times.
Sander Gerber, a member of the Center's Board of Trustees, suggests ways our nation can meet current and future energy challenges.
Deliberate manipulation of foreign exchange rates by a number of countries is one of the most egregious of all unfair trade practices today. By maintaining an artificially low exchange rate, a country in effect imposes an extra charge on imports (equivalent to a tariff) and also gains an unfair trade advantage in the U.S. and third country markets. While this practice has long been recognized as unfair, international trade rules have no effective provisions to address this issue.
"There are a number of weaknesses [in the U.S. economic system] that are getting worse such as the complexity of the tax code, the ineffectiveness of the political system, fiscal policy, and the K-12 education system,“ said Harvard Business professor Jan Rivkin. In this interview, Rivkin and education expert Paul Vallas prescribe ways for the US to regain its economic edge.
The volume features recent work by Nobel Laureate Paul Samuelson and a thought provoking book, Global Trade and Conflicting National Interest by Ralph Gomory, the recently retired director of the Sloan Foundation, and New York University Professor William Baumol. Using different approaches, the three authors point to the ability of public and private sectors to change a country's comparative advantage in ways that can reduce the gains from trade for the United States or other advanced industrial countries. The volume also features a number of commentators who amplify, complement, or question the importance of the findings of the three authors. The conference on new thinking in international trade was made possible through a generous grant of the Alfred P. Sloan Foundation.