Other countries need to take the lead in reforming U.S. trade policies to promote global financial stability.
U.S. corporate lobby groups bash Australia for refusing to give foreign investors powerful new rights in the Trans-Pacific trade deal.
More than 100 Economists Call for Trans-Pacific Trade Deal to Allow Capital Controls to Prevent Crises
In advance of Trans-Pacific trade talks, over 100 economists are sending a letter today urging negotiators to promote global financial stability by allowing the use of capital controls.
I hate to break it to the Tea Partiers, but their presidential idol was less of a free-market hardliner in trade negotiations than Barack Obama.
As more than 250 economists call on Obama to allow capital controls on trade agreements, the corporate lobby responds with distorted facts.
En una carta entregada el 31 de enero, más de 250 economistas hacen un llamado urgente al gobierno de Obama para que reforme las reglas de comercio de los Estados Unidos que restringen el uso de controles de capital.
The brouhaha over “global re-balancing” boils down to this: Americans buy too much stuff from China.
Among the most embarrassing, yet often overlooked economic policies of the Bush and Clinton years was the penchant for making other countries restrict capital controls, even though such controls had proved effective against financial volatility.
A new report finds that bans on capital controls are outdated and a hindrance to developing nations.