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Leveling the Carbon Playing Field: International Competition and Us Climate Policy Design מאת Trevor Houser As political momentum surrounding climate change builds in the US, policymakers are taking a fresh look at national climate policy and American involvement in multilateral climate negotiations. And as in years past, the potential economic impact of any US effort to reduce greenhouse gas emissions st...

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The Challenges of Globalization מאת Anders Aslund With high growth rates in Asia, most notably in China, India, and outheast and Central Asia, Eurasia's economic center of gravity is rapidly shifting to the East. At the same time, most of Europe faces serious barriers to growth in the long term. The volume examines the causes and consequences of th...

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Banking on Basel: The Future of International Financial Regulation מאת Daniel K. Tarullo The turmoil in financial markets that resulted from the 2007 subprime mortgage crisis in the United States indicates the need to dramatically transform regulation and supervision of financial institutions. Would these institutions have been sounder if the 2004 Revised Framework on International Conv...

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Maghreb Regional and Global Integration: A Dream to Be Fulfilled (Policy Analyses in International Economics) מאת Gary Clyde Hufbauer Rising terrorist activity has led the Maghreb countries Morocco, Algeria, Tunisia, Mauritania, and Libya to focus on antiterrorism efforts, with the unintentional effect of putting economic reforms on the sidelines. Maghreb countries have tightened border restrictions on the flow of people and goods...

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Bailouts or Bail-Ins: Responding to Financial Crises in Emerging Markets מאת Nouriel Roubini Roughly once a year, the managing director of the International Monetary Fund, the U.S. treasury secretary and in some cases the finance ministers of other G-7 countries will get a call from the finance minister of a large emerging market economy. The emerging market finance minister will indicate t...

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The Accelerating Decline in America's High-Skilled Workforce: Implications for Immigration Policy (Policy Analyses in International Economics) מאת Jacob Funk Kirkegaard Kirkegaard explores the increasingly dysfunctional state of present US high-skilled immigration laws and recommends a coherent set of immediate reforms, which should aim to facilitate continuously high and increasingly economically necessary levels of high-skilled immigration to the United States. I...

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Blue-Collar Blues: Is Trade to Blame for Rising US Income Inequality? (Policy Analyses in International Economics) מאת Robert Z. Lawrence What are the links between slow US real wage growth, increased earnings inequality and trade? Lawrence deconstructs the gap between real blue-collar wages and labor productivity growth over the past quarter-century and estimates how much of the gap is due to measurement issues and how much higher th...

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Global Warming and Agriculture: Impact Estimates by Country מאת William R. Cline How will global warming affect developing countries, which rely heavily on agriculture as a source of economic growth? William Cline asserts that developing countries have more at risk than industrial countries as global warming worsens. Using general circulation and agricultural impact models, Clin...