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Open Think Tank Articles
W. Hertel & F. Schöning: The EU is about to adopt a new framework for the defense industry that may hurt the chances of US companies to conduct business in Europe. This new protectionism on both sides of the pond will invariably hurt the EU and US.
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David Neil Lebhar: While the race between Obama and McCain is too close to call, US voters and the world must realize that the two candidates’ foreign policy positions are not especially different. Furthermore, due to economic instability, domestic concerns, and a shifting geo-political balance, the next president will have to react to international issues through re-defined multilateralism.
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C. Deblock & M. Rioux: Canadians want to develop closer economic ties with Europe in order to reduce their dependence on the United States. However this new “European” policy is motivated by the wrong reasons and political and structural differences could prove insurmountable.
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Susan Aaronson: Much more than a marriage of convenience, America and other industrialized nations, should examine their trade policies to see how it might encourage and ultimately form a coherent union with human rights abroad.
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Global Must Read Articles
Meeting in Singapore, 10 southeast Asian nations along with India confirmed yet another FTA that clearly indicates the waning influence of the WTO and the US in the region. ++ Many such countries, especially India, prefer small-scale bilateral agreements and FTAs. ++ It was the Asian block that called on Europe and the US to change their farm subsidy policies at Doha, which contributed to
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Financial aid will not solve the problem of food security in Africa. ++ Western succor is the main source of revenue for corrupt sub-Saharan African governments. ++ An effective way to help the Africans is to remove the trade barriers that cripple the development of their economy. ++ World Bank figures reveal that removing taxes and tariffs on agricultural goods and fertilizers would bring Africa
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On the surface, the strategic Sino-Russian relationship seems at an apex. ++ In reality, however, relations between the two leading Eurasian powers are being weakened by a stalemate in military sales, disputes over energy prices, and a general decline in trade due to Russia’s wavering manufacturing capacity. ++ China’s trade with Russia in 2007 accounted for 2 percent of China’s global trade
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Since the first use of sanctions against Italy in 1935, suspending trade with corrupt regimes has proven to make the poor poorer and the evil richer. ++ Even with supposed success, sanctions were either accompanied by other internal problems (South Africa) or imposed upon a cooperative government (England). ++ In contrast, sanctions against regimes such as Mugabe’s are only levied to boost
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The Western coupling of China and India as rising powers overlooks drastic differences between the two countries. ++ China began liberalization first, and its growth has put it “in a totally different economic league from India.” ++ Yet despite pro-Tibetan protests in India and border disputes, the two countries would do well to work together. ++ India excels in the software sector, while China’s
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The Indian Ocean will be a strategic bridgehead for the big players of the 21st century. This relates to the Indian sea doctrine, which has been determining India’s policies in the region since its release in 2004. China’s advance in particular is pushing the Indian government to strengthen its ties with the African countries on the coast of the Indian Ocean and to regain more influence in the
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The US market is experiencing the unprecedented inflow of large- and medium-size European investors. ++ Because of the extremely cheap US dollar, it became affordable for many European companies to relocate their production to the much more attractive American market. ++ While there is nothing that can stop this trans-Atlantic shift, it will have an enormous impact on the structure of the
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In the face of turmoil in Tibet, India has found itself in a delicate position. ++ As a democracy, India has a tradition of permitting peaceful protest, yet it is also intent on improving Indo-Sino relations and continuing to expand trade with China. ++ “India’s government has attempted to draw a distinction between its humanitarian obligations as an asylum country and its political
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Restrictions on food exports worldwide are causing destabilizing
shortages in some of the world’s most populace nations. ++ Suggestions for increased productivity include: liberalization of agricultural trade; a boost in production by liberalizing domestic markets; and a reexamination of policies to limit population growth. ++ As resource strains increase, fixing policies should be the
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Thanks to its massive
workforce and low labor costs, China
has become the twenty first century’s leading global production plant. Even for
German companies, China
has long been a fundamental market for supplies. Yet an inquiry released by
PricewaterhouseCoopers reveals some astonishing facts: for many businesses, China is not as
cheap as one may think. Indeed, on some products, there is a
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Since Africa is both a source of natural resources and an outlet for manufactures, it is an area where India and China’s needs overlap. ++ China’s
two-way trade with Africa is higher, yet it has been charged with neo imperialism and blamed for trading with dictators. ++ India is drawing nearer by dealing with Africa’s ethnic Indians and labeling its integration of the economy “contribution to
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A new report by the Boston Consulting Group reveals that developing world firms are growing fast and spreading into foreign markets. The list of 100 firms consists of multinationals which are expanding overseas aggressively.
So why have they ventured abroad? 16 of the 41 Chinese firms listed are owned by the Chinese government, and move on its orders, while others go in search of resources or
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J. Paul Horne of the European Institute reports that, after decades of US financial dominance, economic developments in Asia have driven down American GDP’s percentage scale of the global market. He suggests that the US initiate reforms to protect against emerging market power in Asia as well as in the European Union.
Reports by McKinsey as well as
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The Indian Ministry of External Affairs announced that it plans to double its diplomatic corps within the next five years, reports Jo Johnson of the Financial Times. During a decade in which India joined 13 multilateral organizations and saw its foreign trade surge seven-fold, the number of staff working for the ministry of external affairs decreased from 4,866 to 4,746. In order to address its
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The March 2007 Bruegel Policy Brief reveals that imbalances in global current account positions are not sustainable and need adjustment. A 15% depreciation of the dollar and an appreciation of Asian currencies is needed in order to:
- reduce the US current account deficit,
- faciliate China’s focus on domestic demand and reduce its accumulation of foreign exchange reserves, and
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The Aon Corporation’s Political and Economic Risk Map provides a concise visual guide to risk management for international business ventures in 214 countries. Political volatility in individual states is measured by looking at specific threats to business practice, including potential political interference, terrorism, and supply chain vulnerability. Countries are color-coded according to the
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