International Economics, Globalization, and Policy

Description

Tittle Contents Section I Issues in Trade and Protectionism 1 How Costly Is Protectionism? 2 Grain Drain: The Hidden Cost of U.S. Rice Subsidies DANIEL GRISWOLD 3 International Trade: Why We Don’t Have More of It EDITH OSTAPIK AND KEI-MU YI Section II Outsourcing, the WTO, and the Environment 4 Bridging the Trade-Environment Divide 5 Labor Standards: Where Do They Belong on the International Trade Agenda? DRUSILLA K. BROWN 6 Beyond the Outsourcing Angst: Making America More Productive THOMAS F. SIEMS 7 Offshoring: The Next Industrial Revolution? ALAN S. BLINDER 8 Trade in Health Care: Changing Paradigms in a Global Economy ANOSHUA CHAUDHURI Section III NAFTA, FDI, and Other Trade Issues 9 Trade in the Americas From NAFTA to Bilateralism JOANNA MOSS 10 Does Foreign Direct Investment Help Emerging Economies? ANIL KUMAR 11 Have U.S. Import Prices Become Less Responsive to Changes in the Dollar? Section IV Immigration 12 Global Migration: Two Centuries of Mass Migration Offers Insights into the Future of Global Movements of People 13 America’s Stake in Immigration: Why Almost Everybody Wins Section V Globalization 14 The Global Governance of Trade as if Development Really Mattered 15 Are We Underestimating the Gains from Globalization for the United States? 16 What’s So Special About China’s Exports? Section VI Trade Deficit Disorder 17 Twin Deficits, Twenty Years Later 18 Why a Dollar Depreciation May Not Close the U.S. Trade Deficit 19 Trade Deficits Aren’t as Bad as You Think Section VII Exchange Rate Regimes and Macroeconomic Stabilization Policies 20 Does the Exchange Rate Regime Matter for Inflation and Growth? 21 China’s Controversial Exchange Rate 22 To Float or Not to Float? Exchange Rate Regimes and Shocks 23 Moving to a Flexible Exchange Rate: How, When, and How Fast? 24 Official Dollarization and the Banking System in Ecuador and El Salvador Section VIII Europe and the Euro Zone 25 The Euro: Ever More Global 26 Integration and Globalization: The European Bellwether Section IX Financial Crises and Capital Flows 27 Asia Ten Years After 28 Financial Crises of the Future 29 Financial-Sector Foreign Direct Investment and Host Countries: New and Old Lessons 30 Appraising the IMF’s Performance: A Review of the First Three Studies by the New Independent Evaluation Office 31 Sovereign Wealth Funds Section X Foreign Aid 32 Aid and Growth 33 Microfinance: Banking for the Poor Sources