Hu Jintao, premier of China, is in the middle of his first state visit to the US, whose pomp and circumstance reflects China's growing economic stature and role in world affairs. Due to the linguistic and political differences between the US and China, few Americans know very much about Hu. Many of them will have had their first real look at him during an extended and surprisngly candid
joint press conference held with President Obama and lasting well over an hour - something which never happens in China. Fears (or possibly hopes) of a trade war between the US and China
a year ago have faded, and instead a trade deal involving $45 billion of American exports was announced, to
mixed reactions. He was received
less kindly by Congress, whose members expressed disquiet about everything from trade deficits to human rights and whose leaders
declined to discuss matters over dinner - perhaps because they did not wish to be lost in the high-powered crowd of attendees.
[more inside]
posted by anigbrowl
on Jan 20, 2011 -
59 comments
Where no economist had gone before . Paul Krugman posts a type-written paper on interstellar trade which he wrote as "an oppressed assistant professor" in the '70s.
I do not propose to develop a theory which is universally valid, but it may at least have some galactic relevance. [
pdf link]
posted by grobstein
on Mar 11, 2008 -
25 comments
Choose your own adventure! "The following imaginary scenario attempts to picture what would happen if the
IMF did not exist. It tells the story of a businessperson in a fictional developing country that is suffering from a shortage of foreign exchange. In the scenario, there is no
IMF to turn to in order to resolve the currency crisis. You will soon come to realize the difficulties of carrying on international trade in that imaginary world without the
IMF."
posted by livii
on Jul 15, 2004 -
21 comments
Is Wage Insurance the Answer? Central to the ongoing debate on globalization is whether free trade is a good thing or not because it pits capital against labor. Like a lot of policy issues (and politics :) trade helps some but hurts others, while polarizing and often making enemies of people on either side of the debate. Wage insurance might provide a middle ground where people can come together. (more inside!)
posted by kliuless
on Sep 6, 2001 -
6 comments
corporate totalitarianism and the ftaa: Activists will gather in Quebec City, Canada on April 11, 2001 to protest the upcoming Summit of the Americas (SOA) meeting. The purpose of the SOA, which will be held April 18-22, is to hammer out the first full text of the Free Trade Area of the Americas (FTAA), a proposed agreement that would turn the entire Western Hemisphere (except Cuba) into the largest international trading bloc in history.
posted by kliuless
on Apr 10, 2001 -
3 comments
China, our new buddy It seems like history may be made today. I hope that if China does receive favorable trade status that it will go to improve human life in that nation and improve ties between our countries.
I'd like to buy China a Coke...
posted by Brilliantcrank
on May 24, 2000 -
7 comments