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We talk a lot about free trade. The consensus seems to be that it is an ideal to be strived for, yet one that is always just out of reach. But what does free trade really mean? What would a “free trade” policy look like in China or in the United States? Let’s let loose the confines of reality for a moment and think about how the world would look if trade were really, truly, unabashedly free. Click here to explore the Free Trade & Comparative Advantage issue in depth.Last post: n/a
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China is rising. The U.S. is declining. They’re commonly heard axioms, but are they true? And, if they are, why? What does it mean to say that “China is rising” or “the U.S. is declining”? If China is rising, will it always be? Can America reverse its decline? How? Hear from experts Clyde Prestowitz, Michael Pettis, Jim Jarrett, and Peter Yam, read the analysis, get the facts. Click here to explore the Is China Rising? Is the U.S. Declining issue in depth.Last post: n/a
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Last summer expert Art Blakemore wrote his imagination of a future in which the growth rates of the U.S. and Chinese economies converge: As an already-developed economy, the U.S. continues to grow on trend. China’s growth slows as it becomes more developed (productivity gains are harder to come by the more developed the economy is). In this Issue in Depth we explore: How, in fact, do economies grow? How has economic growth historically developed? What are the pre-requisites of growth? What is the economic growth future of the U.S.? Of China? Does the rise of China means the decline of the U.S.? Click here to explore the What is the Future of the Chinese Economy? The U.S. Economy? issue in depth.Last post: n/a
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