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Economic Normalization with Cuba: A Roadmap for US Policymakers
Policy Analyses in International Economics 103
by Gary Clyde Hufbauer and Barbara Kotschwar
assisted by Cathleen Cimino
April 2014

Will the Obama administration's decision to normalize relations with Cuba usher in a new era of economic cooperation, trade, and investment between the two countries? This prescient book, published only eight months before President Obama's hi ... More >>

The Great Rebirth: Lessons from the Victory of Capitalism over Communism
edited by Anders Åslund and Simeon Djankov
November 2014

The fall of communism 25 years ago transformed the political and economic landscape in more than two dozen countries across Europe and Asia. In this volume, political leaders, scholars, and policymakers assess the lessons learned from the "great ... More >>

Bridging the Pacific: Toward Free Trade and Investment between China and the United States
by C. Fred Bergsten , Gary Clyde Hufbauer and Sean Miner
assisted by Tyler Moran
October 2014

The terrain of the world trading system is shifting as countries in Asia, Europe, and North America negotiate new trade agreements. However, none of these talks include both China and the United States, the two biggest economies in the world. In t ... More >>

Markets over Mao: The Rise of Private Business in China
by Nicholas R. Lardy
September 2014

China's transition to a market economy has propelled its remarkable economic growth since the late 1970s. In this book, Nicholas R. Lardy, one of the world's foremost experts on the Chinese economy, traces the increasing role of market forces a ... More >>

Managing the Euro Area Debt Crisis
by William R. Cline
June 2014

First came the financial and debt crisis in Greece, then government financing difficulties and rescue programs in Ireland in 2010 and Portugal in 2011. Before long, Italy and Spain were engulfed by financial contagion as well. Finally in 2012, ... More >>

Inside the Euro Crisis: An Eyewitness Account
by Simeon Djankov
June 2014

In mid-2009 Simeon Djankov, who had dealt with a variety of economic and financial crises as chief economist for finance and private sector development at the World Bank, was suddenly thrust into the job of finance minister of his native Bulgar ... More >>

Confronting the Curse: The Economics and Geopolitics of Natural Resource Governance
by Cullen S. Hendrix and Marcus Noland
May 2014

Countries blessed with abundant natural resources often seek financial and political power from their supposedly lucky status. But the potentially negative impact of natural resources on development of poor countries is captured in the phrase "the ... More >>

Outward Foreign Direct Investment and US Exports, Jobs, and R&D: Implications for US Policy
Policy Analyses in International Economics 101
by Gary Clyde Hufbauer , Theodore H. Moran and Lindsay Oldenski
assisted by Martin Vieiro
August 2013

It is not in the US interest to adopt tax and regulatory policies that would discourage global engagement by US multinational corporations (MNCs). Research presented in this book shows that the expansion of foreign affiliates of US MNCs is posi ... More >>

Fueling Up: The Economic Implications of America's Oil and Gas Boom
by Trevor Houser and Shashank Mohan
January 2014

New drilling techniques for oil and natural gas are propelling an energy production renaissance in the United States. As the US economy struggles to emerge from the Great Recession, many see the boom as a possible source of economic salvation that ... More >>

How Latin America Weathered the Global Financial Crisis
by José De Gregorio
January 2014

Why has the economy of Latin America responded more positively than Asia, Europe or the United States after being hit by the recent global financial crisis? Three years after the worst of the crisis, Latin America's GDP is 25 percent highe ... More >>

Responding to Financial Crisis: Lessons from Asia Then, the United States and Europe Now
edited by Changyong Rhee and Adam S. Posen
October 2013

The Asian financial crisis of 1997–98 was devastating for the region, but policymakers at least believed that they gained a great deal of knowledge on how to prevent, mitigate, and resolve crises in the future. Fifteen years later, the As ... More >>

Rising Tide: Is Growth in Emerging Economies Good for the United States?
by Lawrence Edwards and Robert Z. Lawrence
February 2013

In 1963, US President John F. Kennedy said that "a rising tide lifts all the boats. And a partnership, by definition, serves both parties, without domination or unfair advantage." US international economic policy since World War II has been ba ... More >>