Foreign Policy Blogs

Global Trade

‘Intra-African Trade’ – A Renewed Urgency for Further Regional Integration by the AU.

‘Intra-African Trade’ – A Renewed Urgency for Further Regional Integration by the AU.


Africa’s economic prospects have always been a topic of great consternations for local governments and international analysts and commentators.  A continent rich in commodities (oil, diamonds, minerals), with a favorable demographic trends, and the potential for economic growth, has historically been ‘stuck in the muck’.  Yet, …

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A League of Nations in Transition – Regional Integration for the Arab Spring!

A League of Nations in Transition – Regional Integration for the Arab Spring!


As the Arab Spring is turning to its second (and harder) phase of conducting elections and forming legitimate transitional government, the need for an economic strategy is becoming painfully apparent.  The people, who marched on the streets demanding political freedom, were also demonstrating for economic freedom …

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BRICS Rise Much Faster than Predicted

BRICS Rise Much Faster than Predicted


A huge topic in academia at the moment is the changing global economic and political landscape. The “Reshaping Power, Shifting Boundaries” theme of the 2012 International Political Science Association conference being held in Madrid in July is a testament of this. Academics from around the world …

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A Trade Agenda for the ‘Arab Spring’ – Global Integration and the Dangers of Neoliberalism!

A Trade Agenda for the ‘Arab Spring’ – Global Integration and the Dangers of Neoliberalism!


As developments unfolded in the Middle East and North Africa (MENA) during the past 8 months, one thing has become abundantly clear: the political transformation will not survive without an economic transformation.  As many analyst have pointed out, an overwhelming motivation of the people who took …

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APEC and the TPP – The Best Way to Deal with China’s Harmful Trade Policies.

APEC and the TPP – The Best Way to Deal with China’s Harmful Trade Policies.


Last month Secretary of State Hillary Clinton proclaimed, in an article for the Foreign Policy Magazine, ‘America’s Pacific Century’! This week, President Obama will be laying the foundation through a series of multilateral meetings involving Pacific Rim countries. …

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A ‘Fall of Discontent’ for U.S.-China Trade Relations.

A ‘Fall of Discontent’ for U.S.-China Trade Relations.


Global economic developments this year, along with the impact of safe-haven investment flows have led to the appreciation of the dollar in global markets, contributed to the high level of unemployment in the U.S. and increased the chances for a double-dip recession in America.  All these …

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Time to Applaud the TARP

Time to Applaud the TARP


The TARP covered banks across the nation

The US government’s Troubled Asset Relief Program (TARP) was such a success that it not only saved America’s financial system, with the help of the Federal Reserve, it also saved the global economy AND turned a …

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The Federal Reserve’s Balance Sheet

The Federal Reserve’s Balance Sheet


The Federal Reserve Board

With right-wing Republican presidential candidates these days either calling for the Fed to be abolished (Ron Paul) or simply calling the nation’s central bank “treasonous” (Rick Perry), thinking citizens should at least be concerned about the Fed’s activities. I defended the Fed on …

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G8 Agenda – Trade Promotion for the ‘Arab Spring’!

G8 Agenda – Trade Promotion for the ‘Arab Spring’!


This week the members of the G8 will hold their annual meeting in Deauville France, to discuss issues ranging from non-proliferation and counter-terrorism to the internet and transatlantic cocaine trafficking. Although these are all very important issues, the only agenda topic that matters is the ‘Arab Spring’ …

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Choose your Headline: A. WTO Rules Against the US. B. WTO Rules in Favor of China C. WTO Makes a Reasonably Sensible Ruling D. Showdown at the WTO: China 1, USA 0

Choose your Headline: A. WTO Rules Against the US. B. WTO Rules in Favor of China C. WTO Makes a Reasonably Sensible Ruling D. Showdown at the WTO: China 1, USA 0

The World Trade Organization announced the Appellate Body’s ruling on Friday, which essentially bars counties from imposing the “double dipping” duties in retaliation for dumping. The Appellate Body also affirmed that when a state had majority ownership of an enterprise this made it necessarily a “pubic body.”
Long story short, While the US …

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Links from Around the Web

Below are some interesting Global Trade related links:
PRI’s The World: An Alternative to the Panama Canal – They’ve been talking about making these “dry canals” for years. Doesn’t seem to make a whole lot of sense, but neither did the Panama Canal.
NYTimes: Maersk Line Orders 10 Container …

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Prospects for the U.S. – South Korea FTA

Well, I was wrong, The U.S. and South Korea did manage to get a Free Trade Agreement signed last month. This one, of course, replaces the FTA signed by President Bush in 2007. This deal is very similar to that one except it is better for the auto industry and …

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I'm Back!

President Obama appointed Bill Daley as White House Chief of Staff this week. I see this as a very positive development from a trade perspective as he has a history of being pro business and pro trade. I am hoping this will mean a new pushed on trade issues that …

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US-SKFTA FAIL!

US-SKFTA FAIL!


Last June President Obama stood on the world stage and said he would have the U.S.-South Korea Free Trade Agreement sign on this trip to Asia. Last week, he against stood on the world stage on said trip to Asia and was forced to admit failure …

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Former USTR Elected to Senate

Former USTR Elected to Senate

Rob Portman, United States Trade Representative under George W. Bush, was perhaps the most successful person to hold this job after Robert Zoellick. Last week he was elected to service in the Senate representing my home state of Ohio. He was hammered hard for his support of free trade during …

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