This study assesses the US-Morocco free trade agreement (FTA) and identifies shortcomings in the implementation of the US-Morocco FTA, provide policy recommendations for better leveraging the FTA, and suggest ways for Morocco to take better advantage of its cooperation agreements with the...

This study presents the case for an international banking standard (IBS) to deal with the rash of banking crises in developing countries. Over the past 15 years, almost three-fourths of the IMF's member countries have experienced at least one serious bout of banking problems; there have been at...

In the aftermath of the Asian/global financial crises of 1997-98, howshould emerging markets now structure their exchange rate systemsto prevent new crises from occurring? This study challengescurrent orthodoxy by advocating the revival of intermediate exchangerate regimes. In so doing,...

The global economic and financial crisis has awakened protectionist sentiments around the world, and policymakers have failed to actively seek trade liberalization. In light of this, some have proposed abandoning the Doha Round and starting over with a new agenda. Figuring Out the Doha Round...

The relationship between the United States and the Muslim/Arab world has deteriorated since September 11, 2001. The United States is widely perceived as targeting Arab nations for their oil, especially in the wake of the war in Iraq. Measures are needed on both sides to build a more peaceful,...

China and Taiwan have built one of the most intertwined and important economic relationships in the world, and yet that relationship is not mutually open, compliant with World Trade Organization norms, or even fully institutionalized. What's more, despite massive trade and investment flows, the...

This study examines the controversial question of whether the North American Free Trade Agreement (NAFTA) will increase or decrease Mexican migration to the United States. The author estimates that NAFTA will increase migration by as many as 100,000 persons annually. He argues that NAFTA will...

The United States and Pakistan established diplomatic relations in 1947, shortly after Pakistan gained its independence. Since then, relations have alternated between episodes of close partnership and sharp friction--reflecting the ups and downs of global and regional geopolitics. The tides of...

The unwillingness of the US House of Representatives to renew fast-track authority in 1997 and 1998 means that further trade liberalization for the United States is likely to slow down or grind to a halt, since negotiators elsewhere know that any agreements reached could be modified by the US...

In late 1994, leaders on both sides of the Atlantic, concerned about the drift in post-Cold War trans-Atlantic relations, called for a new trans-Atlantic trade agreement. Discussions of how this might be accomplished continue. But can the political momentum behind this initiative translate into...