In 2004, the United States began negotiating free trade agreements (FTAs) with Colombia, Peru, Bolivia, and Ecuador. These were intended to replace the limited, temporary preferences granted to certain South American countries under the Andean Trade Promotion and Drug Eradication Act (ATPDEA). Peru… Read more

On April 12, the United States and Peru concluded negotiations for the United States-Peru Trade Promotion Agreement, a major advance in economic and security relations between the U.S. and Latin America's fifth most populous country. Peru's legislature has already approved the deal, and it now awaits action… Read more

Some Members of Congress have recently found a scapegoat for lost manufacturing jobs: the yuan, the currency of the People's Republic of China. Their proposed bill (S. 1586) would allow the U.S. government to impose a tariff on imports from China if China fails to revalue… Read more

On Sept. 23, the World Bank Group and the board of governors of the International Monetary Fund will meet in Dubai to try -- yet again -- to determine "how current international monetary issues should be addressed." Let's hope they bring some fresh ideas because --… Read more

On September 23, 2003, the World Bank Group and the Board of Governors of the International Monetary Fund (IMF) will meet in Dubai to discuss the work of their respective institutions in international monetary and development issues. This meeting would be worth its high expense if the discussion were centered on these… Read more

Néstor Kirchner, Argentina's new president, wants new longer-term financing to pay off old debts. This South American nation of 36 million is only now beginning to recover from a five-year economic meltdown during which its gross domestic product (GDP) shrank by 20 percent. Even so, Argentina… Read more

One of the most fascinating topics in economic and social research is the issue of development. What allows some countries to "quantum leap" to higher levels of income per capita, and how do they remain at those high levels? The literature on economic growth,… Read more

A primary goal of U.S. policy in Latin America is to promote economic and political stability. To this end, using its leverage as the world's largest and most attractive market, the United States urges trading partners to move rapidly on free markets and trade liberalization, which… Read more

The literature on economic growth, development, and prosperity mostly agrees that the key to prosperity is open markets and sound institutions, particularly a strong rule of law.1 Sound institutions and a strong rule of law permit individuals… Read more

An Open Letter to The editor of the Financial Times Regarding an April 29, 2003 article Sir, In your article "Japan, US 'least helpful to poor nations'" (April 29), you published the result of a survey from the Center for Global Development that attempted to assess how much… Read more