If the world economy continues to stumble over the next year or two, much of South America may be afflicted with financial and business crises that produce another "lost decade," such as that which gripped the region in the wake of the debt crisis of the 1980s.

AEI adjunct scholar Jagdish Bhagwati, professor at Columbia University and international trade economist, will present his new book, In Defense of Globalization (Oxford University Press, 2004). In the first panel, Bhagwati and two prominent experts on the international economy, Douglas Irwin of Dartmouth College and Daniel Tarullo of Georgetown University...

The collapse of the World Trade Organization’s (WTO) Doha round of trade negotiations has raised important questions about the future of the WTO as an organization, the future of multilateral trade rounds, the place of trade in the development agenda, and the fragmentation of trade through bilateral and regional free...

High drama will attend the WTO ministerial meeting in Seattle, from November 30 to December 2, as not only the usual trade mavens and junkies descend on the city, but also thousands of activists from environmental, consumer, labor, and other groups who vow to bring "GATTzilla" to its knees...

The financial crisis was not caused by the disorderly bankruptcy of Lehman Brothers, but by a common shock to all firms: the decline in mortgage values after the housing bubble collapsed, exacerbated by mark-to-market accounting.

Two weeks ago, a consultative board to the WTO Director General issued a report calling for significant institutional and policy changes in the multilateral trade organization—including recommendations regarding preferential trade agreements, relations with NGOs, the dispute settlement system, transparency, and the decision-making process. AEI has asked two...

U.S. Trade Representative Susan C. Schwab and others on the Doha round, the WTO, and the future of free trade.

A panel at AEI considered what went wrong in Seattle and assessed the prospects for further global trade liberalization.