Peterson Institute lobby
The Peterson Institute for International Economics is a private, nonprofit, nonpartisan
research institution devoted to the study of international economic policy. More › ›
RSS News Feed Search

Adam S. Posen and Arvind Subramanian call for a joint public commitment by the world’s monetary policymakers to the common goal of reducing inflation.

Adam S. Posen compares today's economic situation to that of the early 1980s under Reagan.

Gary Clyde Hufbauer and Jeffrey J. Schott dismiss anecdotal criticisms of NAFTA and offer proposals for improvement.

Liberalization of policies related to foreign direct investment accounted for 30 percent of US inward FDI stock growth and 18 percent of US outward FDI stock growth between 1982 and 2006, find Matthew Adler and Gary Clyde Hufbauer. Working Paper 08-7.

The exchange rate of the dollar could play a critical role in both the evolution of the housing and financial crises and the needed policy responses, testifies C. Fred Bergsten. Presidential candidates and Congress should take note that export-led growth—generated by globalization—and its creation of new jobs are cushioning the US slowdown and so far preventing a recession.

Edwin M. Truman dispels four myths about sovereign wealth funds and presents a blueprint for sovereign wealth fund best practices.

audio Peterson Perspectives: Interviews on Current Issues
Edwin M. Truman analyzes both the key concerns raised by sovereign wealth funds and the essential measures required to alleviate those concerns in a website audio interview.
>> Transcript

News Release: Steven R. Weisman of the New York Times to Join Peterson Institute

William R. Cline and John Williamson present new estimates of fundamental equilibrium exchange rates for leading advanced and emerging-market economies in Policy Brief 08-7 using a model Cline has developed in Working Paper 08-6.
News Release: Key Asian Currencies Still Substantially Undervalued with Respect to Dollar

Morris Goldstein and Nicholas Lardy find the undervaluation of the renminbi has increased in the three years since China adopted its new currency regime.

audio Peterson Perspectives: Interviews on Current Issues
In a three-part interview, Morris Goldstein analyzes the origins of the subprime credit crisis, the policy responses so far, and suggests his own top ten regulatory reforms needed to respond to the subprime credit crisis. To avoid future financial crises, Goldstein presents a proposal to improve regulatory liquidity.

Sustaining high growth may be easier for China than India, writes Arvind Subramanian.

Hybrid financial institutions do not work, and those in the United States—such as Fannie Mae and Freddie Mac—should be nationalized, recommends Adam S. Posen.

audio Peterson Perspectives: Interviews on Current Issues
Michael Mussa argues that the Fund should take a stronger stand on violation of norms for exchange rates in this website interview.
>> Transcript

Jeffrey J. Schott proposes a 5-step plan for Doha Round rehabilitation.

Anders Åslund speaks with former Ukrainian president Leonid Kuchma about his role in building a stable and prosperous Ukraine.

World Trade Organization membership can place Russia on the right economic track, argues Anders Åslund. Putin's unproductive two-term presidency leaves a huge backlog of reforms that can no longer be ignored.

audio Peterson Perspectives: Interviews on Current Issues
The decision by the House of Representatives to change the rules for Congressional action on trade agreements drives a gaping hole in US trade policy and poses the gravest threat to the global trading system in decades, says C. Fred Bergsten in a website interview. See also Policy Brief 08-5.

Howard Rosen testifies before Congress that the United States needs a comprehensive strategy to address the economic disruptions to American workers and firms that are an inevitable part of globalization. See also event on Trade Adjustment Assistance. America must reform healthcare and education to better protect Americans against job loss, says Jacob Funk Kirkegaard.

As US skill levels fall, policymakers need to reform immigration policies to encourage the inflow of high-skilled workers from abroad, writes Jacob Kirkegaard.

America's Gains from Globalization
Gary Clyde Hufbauer answers critics who question US gains from globalization.
Paper | Summary

New Book: Challenges of Globalization: Imbalances and Growth
Anders Åslund and Marek Dabrowski

The United States should seek partnership with Beijing to provide joint global economic leadership instead of focusing on narrow bilateral problems, writes C. Fred Bergsten.

New Book: Economic Sanctions Reconsidered, 3rd edition, with CD-ROM
by Gary Clyde Hufbauer, Jeffrey J. Schott, Kimberly Ann Elliott, and Barbara Oegg
>>  Release Event | In Brief | Selected Case Studies Online

Jeffrey J. Schott examines the history and future of the world trading system with recommendations for reform.

audio Peterson Perspectives: Interviews on Current Issues
William R. Cline explains the effect of climate change on agriculture on a country-by-country basis, where the impact will be greatest, and what we need to do to reduce the risks in this website audio interview.
>> Transcript

Unabated global warming is estimated to reduce world agriculture potential 5 to 15 percent by the 2080s, with the greatest losses falling disproportionately on developing countries, writes William R. Cline. See also Global Warming and Agriculture. Cline agrees with the Stern Review: Aggressive action is necessary to abate global warming.

New Book: Leveling the Carbon Playing Field: International Competition and US Climate Policy Design
>> Event: Book Release | News Release

With global agricultural prices soaring, North Korea is set to experience yet another famine, write Stephan Haggard, Marcus Noland, and Erik Weeks.

audio Peterson Perspectives: Interviews on Current Issues
Marcus Noland reports on the results of a survey of 1,346 North Korean refugees in this website interview.
>> Transcript

New Book: Accountability and Oversight of US Exchange Rate Policy by C. Randall Henning
>> News Release

Inflation now plagues many former communist countries with fixed exchange rates; those with floating exchange rates, balanced budgets, and inflation targeting are not, writes Anders Åslund. Inadequate fiscal and monetary policies are exacerbating inflation in India, writes Arvind Subramanian, but inflation targeting is an unnecessary and inappropriate solution to India's current crisis.

Improvements in South Korea's political and economic institutions over the past decade have outstripped the country’s "First World economy, Third World politics" image, say Marcus Noland and Erik Weeks. Working Paper 08-5.

EVENT

David McCormickOil Prices and Energy Policy

Under Secretary McCormick discusses what policies are needed to lower oil prices.

Audio  and video available online

EVENT

Frederic S. MishkinWhither Federal Reserve Communications

Governor Mishkin discusses the Federal Reserve's communications strategy.

Audio and video available online

E-MAIL LIST

Sign up to receive e-mails from the Institute announcing new publications and updates to our Web site.

Go