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1 |
ID:
102185
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2 |
ID:
126866
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3 |
ID:
144021
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Summary/Abstract |
In the years since the global financial crisis of 2008 engulfed the world and the United States fell into the Great Recession, the panic has subsided and Western economies have recovered to varying degrees. But the downturn’s effects have proved profound and lasting, and serious risks [1] persist for the global economy. The recovery has been slow, inflation levels remain below the targets set by central banks, and total debt levels are much higher [2] than before the crisis began.
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4 |
ID:
102254
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Publication |
2010.
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Summary/Abstract |
China is now the world's leading creditor nation, while the United States is the world's largest debtor. Beijing is the largest foreign holder of US government debt - passing Japan in 2008 to become, in effect, the US government's largest foreign creditor. While some claim this gives Beijing unprecedented power over the United States, others claim that China's power is in fact greatly circumscribed. This paper shows that although current patterns of economic interdependence between the two economies invariably pushes each towards cooperation, China is deeply concerned about the future trajectory of the US economy and is already engaged in loosening the bonds of interdependence. This has profound implications for Sino-US relations and the global economy.
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5 |
ID:
133644
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Publication |
2014.
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Summary/Abstract |
As governments lower traditional tariffs, they may use non-tariff barriers, such as antidumping (AD) and countervailing duty (CVD) laws, to protect domestic industries. Research on the US International Trade Commission (ITC), an independent agency responsible for adjudicating AD/CVD claims, finds mixed evidence of political influence in these cases. However, this research focuses predominately on the political influence of the petitioning industry. Applying theories of bureaucratic oversight, I posit that the ITC must be receptive both to petitioners and to firms that oppose trade barriers. Using an original data set compiled from ITC records of witness testimony in these cases, I demonstrate that domestic opposition to an AD/CVD petition has a significant effect on ITC decisions. Moreover, members of Congress actively intervene on both sides of AD/CVD petitions and have some influence on ITC decisions. These results suggest that AD/CVD politics in the United States is better understood as a contest between competing domestic interests than a captured bureaucracy providing rents to protectionist interests.
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6 |
ID:
116102
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Publication |
2013.
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Summary/Abstract |
The 2008 financial crisis and the Great Recession that followed have had devastating effects on the U.S. economy and millions of American lives. But the U.S. economy will emerge from its trauma stronger and widely restructured. Europe should eventually experience a similar strengthening, although its future is less certain and its recovery will take longer to develop. The United States is much further along because its financial crisis struck three years before Europe's, in 2008, causing headwinds that have pressured it ever since. It will take another two to three years for these to subside, but after that, U.S. economic growth should outperform expectations. In contrast, Europe is still in the midst of its financial crisis. If historical logic prevails there, it will take four to six years for strong European growth to materialize.
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7 |
ID:
114900
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Publication |
2012.
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Summary/Abstract |
Shortly after US President Obama and Australian Prime Minister Julia
Gillard sealed the bilateral defense deal in November 2011 under which
2500 US marines will be stationed in Australia came Obama's announcement on January 5 2012 of the new strategic defense guidance entitled
Sustaining U.S. Global Leadership: Priorities for the 21
st
Century Defence.
The document claims that China's rise might have impact on the US economy and security, and that countries such as China and Iran continue to
pursue asymmetric means of countering US power projection capabilities.
1
Both the Chinese Ministry of Foreign Affairs and the Ministry of Defense
refuted these claims, arguing that not a shred of evidence exists to support
such wild accusations.
2
Many media reports nevertheless argue that competition between the United States and China amounts to a new Cold War.
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8 |
ID:
118118
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9 |
ID:
120515
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10 |
ID:
109524
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11 |
ID:
115856
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12 |
ID:
104862
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13 |
ID:
111763
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14 |
ID:
120807
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Publication |
2013.
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Summary/Abstract |
Hardly the blow to democracy that many painted it as, the U.S. Supreme Court's decision in Citizens United will make American politics more competitive, less beholden to party bosses, and more responsive to the public at large. It may even help break the fiscal stalemate strangling the U.S. economy.
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15 |
ID:
133460
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Publication |
2014.
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Summary/Abstract |
A typical Chinese tourism website advertising a week in New York City including three days of sightseeing, one day of shopping on Fifth Avenue, and one day looking at real estate investment opportunities-condos preferred, and ideally of the luxury variety. Chinese tourists, admittedly not the poorest segment of this society, now outnumber and outspend American tourists. And when they return home, they regularly comment about the overseas "bargains" they found. Even for ordinary Chinese who've never ventured abroad, the prices of overseas products continue to fall. Many have come to accept a constantly strengthening currency as the natural order.
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16 |
ID:
096407
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17 |
ID:
118402
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18 |
ID:
095421
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19 |
ID:
105090
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Publication |
2011.
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Summary/Abstract |
Halfway through 2011, we've already seen an extraordinary year of volatility: turmoil across the Middle East and North Africa, the eurozone's ongoing fiscal crises, Japan's triple disaster, the killing of Osama bin Laden. Yet these dramatic events have obscured a slow-moving, underlying shift of much greater long-term importance: global rebalancing. In its simplest form, rebalancing means this: a reset of the global economy shifting the balance of accounts between the world's established and emerging powers or between its biggest consumers and biggest savers. That alone, of course, is a transition of landmark historic significance. Yet it is far from the only consequence, for rebalancing is not just an economic story, but one that will result in a seismic shift in the international balance of power, in every region of the world.
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20 |
ID:
123637
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Publication |
2012.
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Summary/Abstract |
A NARRATIVE is taking root among policy makers and opinion leaders that the illegal-immigration problem has been resolved and further concern over the issue is simply unnecessary. A New York Times op-ed by University of Southern California professor Dowell Myers exemplified this perspective when it began: "The immigration crisis that has roiled American politics for decades has faded into history."
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