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America's international economic decisions rest to a large degree on the information available to policymakers. Yet the quality of international trade and financial data is in serious doubt. This book reveals how our systems for collecting and analyzing trade data have fallen behind the times-and presents recommendations for new approaches to accuracy and usefulness of these economic data. The volume traces the burgeoning use of international economic data by public and private analysts at a time when the United States is becoming increasingly integrated into the world economy. It also points out problems of capturing new transactions, comparing data from different sources, limited access to the data, and more. This is the first volume to review all three types of U.S. international data-merchandise trade, international services transactions, and capital flows. Highlights include: Specific steps for U.S. agencies to take. Special analyses on improving the accuracy of merchandise trade data, filling data gaps on the fast-growing international services transactions, and understanding structural changes in world capital markets. Comments, complaints, and suggestions from an original survey of more than 100 key users of trade data. This practical volume will be invaluable to policymakers, government officials, business executives, economists, statisticians, and researchers.
A critical review of recent U.S. trade policies that have failed to enforce sufficient reciprocity and overall trade balance, with suggestions for policies that foster a more balanced and realistic pattern of world trade growth.
This title provides a comprehensive introduction to the key issues in trade and liberalization of services. Providing a useful overview of the players involved, the barriers to trade, and case studies in a number of service industries, this is ideal for policymakers and students interested in trade.
"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.
This book focuses on the international politics of transborder data flows. It examines the rise of data services and the impact of these services on international economic transactions. The book looks at trade and foreign direct investment in services and reviews the policy position of the U.S.
Trade in Higher Education: The role of the General Agreement on Trade in Services (GATS) - Internationalization of higher education has been evolving over the years. Today, trade in education has become an important framework under which cross-border mobility of students, institutions, programs, and teachers takes place. The General Agreement on Trade in Services (GATS) has systematized and formalized the conditions for trade in services including education. This book provides a detailed analysis of various dimensions of the GATS and its implications for development of higher education, especially in developing countries. The analysis also provides a critical assessment of the benefits derived and potential threats posed by trading in education. It is hoped that the study will provide useful insights on the issue for educational policy-makers, planners, and researchers.
The volume is divided into four parts. Part I considers the broad trends in the recent economic performances of the United States and the problem of increasing protectionism. Part II analyses the structural adjustments in both the United States and the developing countries in ASEAN. Part III provides analyses of U.S.ASEAN trade in services from both the U.S. and ASEAN perspectives.