on," working paper, Cornell University, 2008 Goldstein, Morris, “A (Lack of) Progress Report on China's Exchange Rate Policies,” Working Paper 07-5, Peterson Institute, June 2007. Policy Brief 07-4: Global Imbalances: Time for Action, Peterson Institute for International Economics. Lardy, Nicholas R., China: Towar

rkets. As the leading world economy, America should initially try to strengthen and increase international trade through the WTO. As my colleagues at the Peterson Institute have pointed out, there are gains from the stymied Doha Round of trade negotiations that should be harvested now: ending agricultural export subsidie

rkets. As the leading world economy, America should initially try to strengthen and increase international trade through the WTO. As my colleagues at the Peterson Institute have pointed out, there are gains from the stymied Doha Round of trade negotiations that should be harvested now: ending agricultural export subsidie

s that "China and others are recalibrating their export-led economic strategies" to focus more on domestic demand, argues economist Fred Bergsten of the Peterson Institute. That's good, he says; the world economy will be more balanced. Likewise, erratic capital flows have triggered past financial crises. Slower flows

o 6 billion. In the United States alone, globalization led to 40 million new jobs under both Republican and Democratic presidents. Gary Hufbauer of the Peterson Institute has pointed out that America has been "$1 trillion richer each year because of globalized trade." During this period, the Dow Jones Industrial Aver

o 6 billion. In the United States alone, globalization led to 40 million new jobs under both Republican and Democratic presidents. Gary Hufbauer of the Peterson Institute has pointed out that America has been "$1 trillion richer each year because of globalized trade." During this period, the Dow Jones Industrial Avera

national Advisory Council of China Development Bank. He is also a member of the Board of Directors of Boston Properties, Inc., Loews Corporation and the Peterson Institute. Dr. Frenkel is the author of numerous books and articles in the fields of International Economics and Macro-Economics. Dr. Frenkel holds a B.A. in