 |
 |
 |
 |
 |
 |
 |
Sign up to receive automatic updates to RealTime Economic Issues Watch.
A website forum in which senior fellows of the Peterson Institute for International Economics discuss and debate their responses to global economic and financial developments as they occur each day and offer insights that others might overlook.
On May 27, 2009, US Trade Representative Ron Kirk and Egyptian Minister of Trade and Industry Rachid Mohamed Rachid agreed to develop a “Plan for a Strategic Partnership” that would “deepen and broaden trade and investment relations.” They directed senior trade officials to develop a program in 90 days to implement [...]
In most societies it is traditional to be somewhat sneaky in squeezing your shareholders or the government. You might set up a complicated transfer pricing scheme or perhaps you arrange for a family-owned firm to acquire assets on the cheap from the publicly traded corporation that you control. Or you could always arrange [...]
Rahm Emanuel reportedly has a doctrine: Never let a serious crisis go to waste. His point is a good one: Vested interests usually block change across a wide range of important issues in the United States, and a major financial/economic crisis provides an opportunity to bypass or break through those interests in order to introduce [...]
The victory in the Indian elections by the incumbent Congress party and its allies augurs well for Indian economic-policy reform.
Congress was led de jure by the economist-turned-politician Dr. Manmohan Singh and de facto by the Italian-born Sonia Gandhi, who is part of the Nehru family, which has been a force [...]
The Department of Justice seems to thinking, at least in principle, about potential antitrust action in and around banking. Assistant Attorney General Christine Varney spoke about this on April 11, but her wording is open to interpretation, “I have to ask if too big to fail is a failure [...]