Economic Normalization With Cuba

Economic Normalization With Cuba PDF Author: Gary Clyde Hufbauer
Publisher: Columbia University Press
ISBN: 0881326836
Category : Political Science
Languages : en
Pages : 171

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Book Description
Will the Obama administration's decision to normalize relations with Cuba usher in a new era of economic cooperation, trade, and investment between the two countries? This prescient book, published only eight months before President Obama's historic announcement at the end of 2014, provides answers to that question and offers a roadmap for a sequenced lifting of the Cold War era economic sanctions against Cuba. The authors, Gary Clyde Hufbauer and Barbara Kotschwar, lay out the difficulties of achieving a dynamic economic relationship. They caution that a unilateral dismantling of US sanctions without insuring that proper institutions are in place in Cuba could squander this golden opportunity for US companies and hurt Cubans. They argue that US policies should encourage Cuba to liberalize its economy and adopt democratic institutions, so that it does not transition from a Communist dictatorship to a corrupt and authoritarian oligarchy. This farsighted book, produced in anticipation of an opening with Cuba that seemed impossible to some skeptics, is a must-read for anyone interested in the evolution of a historically contentious relationship that promises to evolve productively if the right policies are pursued.

Economic Normalization With Cuba

Economic Normalization With Cuba PDF Author: Gary Clyde Hufbauer
Publisher: Columbia University Press
ISBN: 0881326836
Category : Political Science
Languages : en
Pages : 171

Get Book Here

Book Description
Will the Obama administration's decision to normalize relations with Cuba usher in a new era of economic cooperation, trade, and investment between the two countries? This prescient book, published only eight months before President Obama's historic announcement at the end of 2014, provides answers to that question and offers a roadmap for a sequenced lifting of the Cold War era economic sanctions against Cuba. The authors, Gary Clyde Hufbauer and Barbara Kotschwar, lay out the difficulties of achieving a dynamic economic relationship. They caution that a unilateral dismantling of US sanctions without insuring that proper institutions are in place in Cuba could squander this golden opportunity for US companies and hurt Cubans. They argue that US policies should encourage Cuba to liberalize its economy and adopt democratic institutions, so that it does not transition from a Communist dictatorship to a corrupt and authoritarian oligarchy. This farsighted book, produced in anticipation of an opening with Cuba that seemed impossible to some skeptics, is a must-read for anyone interested in the evolution of a historically contentious relationship that promises to evolve productively if the right policies are pursued.

Markets Over Mao

Markets Over Mao PDF Author: Nicholas R Lardy
Publisher: Columbia University Press
ISBN: 0881326941
Category : Political Science
Languages : en
Pages : 425

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Book Description
China's transition to a market economy has propelled its remarkable economic growth since the late 1970s. In this book, Nicholas R. Lardy, one of the world's foremost experts on the Chinese economy, traces the increasing role of market forces and refutes the widely advanced argument that Chinese economic progress rests on the government's control of the economy's "commanding heights." In another challenge to conventional wisdom, Lardy finds little evidence that the decade of the leadership of former President Hu Jintao and Premier Wen Jiabao (2003–13) dramatically increased the role and importance of state-owned firms, as many people argue. This book offers powerfully persuasive evidence that the major sources of China's growth in the future will be similarly market rather than state-driven, with private firms providing the major source of economic growth, the sole source of job creation, and the major contributor to China's still growing role as a global trader. Lardy does, however, call on China to deregulate and increase competition in those portions of the economy where state firms remain protected, especially in energy and finance.

Globalization

Globalization PDF Author: Bent Jesper Christensen
Publisher: Springer
ISBN: 3662495023
Category : Business & Economics
Languages : en
Pages : 609

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Book Description
This volume uses cutting-edge theory and empirical analysis of channels of international interaction to build new knowledge about strategies of entrepreneurs, domestic and multinational firms, governments, and international organizations facing increasing globalization. The ongoing process of globalization implies the continuing expansion and intensification of economic, political, social, cultural and judicial relations across borders. It is furthered by reductions in transportation and communication costs, the rise of new information technologies, such as the internet, and liberalizations in the markets for goods, services, labor, capital, and technology. Globalization presents new opportunities to some, but risks and threats to others. The volume presents new research and findings by leading scholars on international trade, labor markets, financial markets, economic integration, political science, law, management, the humanities, developing countries, and international relations.

Financial Globalization, Economic Growth, and the Crisis of 2007-2009

Financial Globalization, Economic Growth, and the Crisis of 2007-2009 PDF Author:
Publisher: Peterson Institute
ISBN: 0881325562
Category :
Languages : en
Pages : 394

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Book Description


Confronting The Curse

Confronting The Curse PDF Author: Cullen Hendrix
Publisher: Columbia University Press
ISBN: 0881326771
Category : Business & Economics
Languages : en
Pages : 221

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Book Description
Countries blessed with abundant natural resources often seek financial and political power from their supposedly lucky status. But the potentially negative impact of natural resources on development of poor countries is captured in the phrase "the resource curse." Instead of success and prosperity, producers of gold, oil, rubber, sugar, and other commodities—many in the least developed parts of Africa and Asia—often remain mired in poverty and plagued by economic mismanagement, political authoritarianism, foreign exploitation, and violent conflict. These difficulties and the many challenges they pose for American foreign policy are the focus of this important new book. Marcus Noland and Cullen S. Hendrix review recent developments as poor countries struggle to avoid the "resource curse" but fall too often into that trap. They call for support for international efforts to encourage greater transparency and improved management of natural resource wealth and for new partnerships between the West and the developing world to "confront the curse."

Outward Foreign Direct Investment and US Exports, Jobs, and R&D

Outward Foreign Direct Investment and US Exports, Jobs, and R&D PDF Author: Gary Clyde Hufbauer
Publisher: Columbia University Press
ISBN: 0881326690
Category : Political Science
Languages : en
Pages : 126

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Book Description
It is not in the US interest to adopt tax and regulatory policies that would discourage global engagement by US multinational corporations (MNCs). Research presented in this book shows that the expansion of foreign affiliates of US MNCs is positively associated with more production, greater employment, higher exports, and more research and development (R&D) in the United States. These findings suggest that less investment abroad by US firms would weaken—not strengthen—the US economy. This analysis by no means implies that there are only winners and no losers from outward investment. Changing patterns of MNC investment, like changing patterns of technology and production more generally, contribute to job losses and dislocations for some workers and to new opportunities for others. To benefit the US economy and US workers most broadly, the United States will want to search for ways to strengthen the appeal of the United States as a base for the operations of international firms. High among the recommendations to accomplish this, the United States should adopt a territorial tax system, like the great majority of developed countries.

Witness to Transformation

Witness to Transformation PDF Author: Stephan Haggard
Publisher: Peterson Institute
ISBN: 0881325155
Category : Political Science
Languages : en
Pages : 218

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Book Description
"Human rights and the protection of refugees is not a concern of left or right, or of the US only; it is an issue of importance to all Koreans, and indeed all countries. Haggard and Noland provide compelling evidence of the ongoing transformation of North Korean society and offer thoughtful proposals as to how the outside world might facilitate peaceful evolution."--Yoon Young-kwan, former Foreign Minister, Rob Moo-byun government --Book Jacket

Inside The Euro Crisis

Inside The Euro Crisis PDF Author: Simeon Djankov
Publisher: Columbia University Press
ISBN: 0881326860
Category : Business & Economics
Languages : en
Pages : 240

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Book Description
In mid-2009 Simeon Djankov, who had dealt with a variety of economic and financial crises as chief economist for finance and private sector development at the World Bank, was suddenly thrust into the job of finance minister of his native Bulgaria. For nearly four years in that post, he attended more than 40 meetings of European finance ministers and had a front row seat at the intense discussions and struggles to overcome the economic and financial crisis that threatened to unravel the historic undertaking of an economically integrated Europe. In this personal account, Djankov details his odyssey on the front lines, observing Europe's fitful efforts to contain crises in Greece, Hungary, Ireland, Portugal, Spain, Italy, Cyprus, and France. He tells the inside story of how the European Central Bank assumed responsibility for the crisis, pledging to do "whatever it takes" to save the euro area. This candid book recounts the disagreements over fiscal austerity, monetary policy, and banking supervision, while focusing on the personalities who promoted progress—and those who opposed it. He also tells the dramatic story of the events that led to his own resignation as finance minister in 2013 over the policies he was pursuing to spare Bulgaria from getting sucked into the crisis.

Responding To Financial Crisis

Responding To Financial Crisis PDF Author: Changyong Rhee
Publisher: Columbia University Press
ISBN: 0881326755
Category : Political Science
Languages : en
Pages : 360

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Book Description
The Asian financial crisis of 1997–98 was devastating for the region, but policymakers at least believed that they gained a great deal of knowledge on how to prevent, mitigate, and resolve crises in the future. Fifteen years later, the Asian developing countries escaped the worst effects of the global crisis of 2008–10, in part because they had learned the right lessons from their own experience. In this important study, the Asian Development Bank and Peterson Institute for International Economics join forces to illuminate the contrast between Asia's performance during the more recent crisis with its performance during its own crisis and the gap between what the US and EU leaders recommended to Asia then and what they have practiced on themselves since then. The overriding lessons emerging from the essays in this volume are that countries need to prepare for crises as if they cannot be prevented, make room for stabilization policies and deploy them rapidly when crises hit, and address the need for self-insurance globally if they can, or regionally if they must.

NAFTA and Climate Change

NAFTA and Climate Change PDF Author:
Publisher: Peterson Institute
ISBN: 0881326097
Category : Climatic changes
Languages : en
Pages : 193

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Book Description