Trade and Development Publications
"Sub-Saharan Africa’s tagline as “the next global investment hub” is becoming a cliché. Following a decade of sustained economic growth, averaging between 5 and 6% of annual Gross Domestic Product (GDP) growth (Regional Economic Outlook, 2014) and backed by rich natural resources such as gold, timber, silver, coal and new discoveries of oil in many countries, all indicators are pointing towards a continent with formidable economic prospects. The latest ranking places Sub-Saharan Africa (SSA) as the second fastest-growing continent after Asia, with seven of the world’s ten fastest-growing economies located in the region . In fact, SSA is brimming with unprecedented confidence about its future prospects as a global competitor and economic giant."
The recently concluded US-Africa Leaders Summit, which was held from August 4-6, 2014, was an opportunity to discuss key issues and define a way forward for US-Africa relations. Read Africa Program Director Monde Muyangwa's take on what needs to happen next.
This paper explores the aspects of political economy that have influenced processes of tax reform in Colombia over the last two decades.
Report from the July 1 launch of the Wilson Center’s Regional and Global Energy Series featuring former US Ambassador to Russia and Bulgaria John Beyrle, former NSC Senior Director for Russia, Ukraine and Eurasia (and former US Ambassador to Kazakhstan and Georgia) William Courtney, IHS Energy’s Director, Russian and Caspian Energy (and book co-author) Julia Nanay, and State Department International Energy Coordinator, former NSC Senior Director and former US Ambassador to Ukraine and Mexico, Carlos Pascual, who explored with Jan Kalicki and David Goldwyn the energy and broader dimensions of relations with Russia and Ukraine.
Corporate raiding in Ukraine is a widely discussed and reported problem that severely damages investment and economic development, prospects for European integration, and the welfare of ordinary people. Yet the phenomenon of raiding itself is only poorly understood, often either dismissed as inseparable from the country's broader problem of endemic corruption, or imputed to powerful and shadowy raiders thought to be immune from defensive measures by private businesses. The author's field research in Ukraine sheds light on the history, causes and methodologies of raiding, as well as on the costs and consequences of raiding for Ukraine's further development.
U.S. private and public debt to foreigners, including foreign governments, is enormous and still growing. The debt is damaging the US economy and the country’s stature as a world leader. Reducing this debt will require public action to restrain the fiscal deficit and bolster private savings and trade. Ultimately, adopting a national growth and innovation strategy would highlight key economic sectors for balancing international flows of goods, services, and capital.
Return to Sender: The Moral Economy of Peru’s Migrant Remittances is an anthropological account of how Peruvian emigrants raise and remit money and what that means for themselves and for their home communities.
Professor Xiaobo Hu counsels that the United States should give priority to the promotion of peaceful relations across the Taiwan Strait, and to the maintenance of stable and constructive ties with both Taipei and Beijing. Toward those ends, Hu argues, Washington should undertake a comprehensive review of the TRA and the policy of “strategic ambiguity” that has characterized U.S. Taiwan Strait policy for many years.
Taiwanese scholar Yeh-chung Lu cautions against comprehensive revision of the Taiwan Relations Act, but underscores the need for close, candid, and continual consultations between Taipei and Washington.
Current negotiations over trade deals—the TPP across the Pacific and the TTIP across the Atlantic—offer the United States its best chance in decades to create international standards limiting foreign governments’ support for their home industries writes Public Policy Scholar Kent Hughes in this policy brief.