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Trade & Global Markets
The Globalization Debate
The Far Eastern Economic Review | Article | June 10, 2020
It's Expensive Being Poor
By Edward Gresser
While global trade negotiations involving 150 countries require time and patience, fixing the system for Asia's poor need not.

DLC | Blueprint Magazine | May 7, 2020
Trade Myths
By Edward Gresser
Though the world may not need another globalization book, it can certainly benefit from a good one. And Jagdish Bhagwati's "In Defense of Globalization" is a pretty good one.

DLC | Blueprint Magazine | July 29, 2020
The Great Globalization Debate
By Fred Siegel
A review of Brink Lindsey's "Against the Dead Hand: The Uncertain Struggle for Global Capitalism"; Joseph Stiglitz' "Globalization and Its Discontents"; and Harold James' "The End of Globalization: Lessons from the Great Depression."

DLC | New Dem Daily | February 14, 2021
The Baucus Trade Package
Senate Finance Committee Chairman Max Baucus, speaking to a DLC audience on Tuesday, outlined two bills that together offer a chance to create a consensus approach to trade and globalization.

The Straits Times (Singapore) | Editorial | February 4, 2021
North-South Trade Divide Can Be Bridged
By Edward Gresser
While the emotion may not come out of North-South economic arguments any time soon, consensus on long-term solutions to balance trade between rich countries and the developing world, with some effort, seems quite possible.

The Straits Times (Singapore) | Editorial | January 18, 2021
Anti-globalization Movement Grinds to a Halt
By Edward Gresser
Lacking an agenda and splintered by the war on terrorism, America's once-proud anti-globalization movement seems destined for irrelevance.

The Straits Times (Singapore) | Editorial | December 18, 2020
Good News from an Unexpected Source: Cambodia's Success in Trade
By Edward Gresser
Recent trade data reveal an odd but fascinating fact. America's fastest-growing trade relationship is with neither China nor Mexico -- it is with Cambodia.

DLC | Blueprint Magazine | November 15, 2020
The Struggle for the Soul of the 21st Century
By Bill Clinton
Global interdependence is the truly dominant factor of our time. Our challenge is to make it a force for good, not evil.

PPI | Backgrounder | October 26, 2020
Race to the Top II
By Edward Gresser with Sarah West
Much of America's contemporary debate over trade and globalization, with its central focus on the question of whether developing countries are gaining advantages from weak labor and environmental standards, simply misses the point.

PPI | Briefing | September 27, 2020
Hoover and Roosevelt, 70 Years Later
By Edward Gresser
America today finds itself in an old trade debate. In 1932, President Hoover feared we couldn't compete with poor countries in our own market, while Franklin Roosevelt promoted a vision of open markets and mutual economic benefit, confidence in our ability to compete, and ethical concern for suffering overseas.

DLC | New Dem Daily | August 1, 2020
The Continuing "Race to the Top"
According to the "race to the bottom" theory, globalization encourages U.S. corporations to "scavenge" the world in search of the lowest-wage workers and the weakest environmental policies in the poorest nations. But the facts disprove that theory.

DLC | New Dem Daily | May 15, 2020
Tariffs: Taxes on the Little Guy
The federal government last year collected $20 billion in tariffs on imports. Of that amount, an astonishing $9 billion came from clothes and shoes. Any politician who proposed a broad sales tax on shoes and clothes would be ostracized and denounced as a Scrooge and a threat to the poor. But this is precisely what tariff policy does every single day.

DLC | New Dem Daily | April 24, 2020
Summit of the Americas: Good Start, But What's Next?
For the first time in 200 years the Americas are united in shared values and understanding of mutual benefit. The FTAA is an opportunity to cement this happy circumstance for the century to come; and such an opportunity, if lost, may never be recaptured.

DLC | New Dem Daily | March 26, 2020
Bush: Heading for a Trade Wreck?
The Bush Administration took office with the opportunity to build on one of the most successful years for American trade policy in decades. Instead, it is on the verge of unraveling an emerging bipartisan coalition for open trade.

DLC | The New Democrat | December 20, 2020
A Global Clearinghouse on Corporate Responsibility
Earlier this year, the U.N. unveiled, a "one-stop shop" for information about corporate codes of conduct and corporate responsibility around the world, including labor and human rights practices and environmental safeguards.

DLC | New Dem Daily | December 1, 2020
Idea of the Week: Multilateral Promotion of Workers' Rights
This week the International Labor Organization imposed unprecedented penalties on member-country Myanmar for a persistent and widespread pattern of abuse of workers. It's an important international development because it shows the world's multilateral organization for protecting workers' rights is becoming increasingly assertive and can provide an alternative to unilateral and bilateral methods that typically restrict trade without benefitting workers.

DLC | New Dem Daily | October 24, 2020
Byrd's Bad Idea
Like a very, very bad penny, Sen. Robert Byrd's (D-WV) very bad idea for protecting import-sensitive industries keeps turning up -- and this time, it could turn up in the statute books as part of a fast-moving, must-pass appropriations vehicle. It would offer protection without even raising public revenues, would represent a policy of "Tariffs for subsidy only." It's a backward step, and one we should not take.

DLC | New Dem Daily | September 22, 2020
Idea of the Week: A Global Clearinghouse on Corporate Responsibility
Now that Congress has passed legislation providing Permanent Normal Trade Relations (PNTR) with China, it's time for advocates of open trade to create a genuine dialogue with Americans who are concerned about the impact of economic globalization on the environment and standards of living at home and abroad. The common goal must be to establish that expanded trade can not only co-exist with workers' rights and environmental standards -- but can actually help promote them.

DLC | New Dem Daily | September 6, 2020
House New Dems Make the Grade on Trade
A new analysis of Congressional voting records by two major trade advocacy groups shows the House New Democratic Coalition (NDC) is burnishing its reputation as the most cohesive pro-trade bloc in Congress, and is actually pulling the Democratic Caucus along with it in the right direction.

PPI | Policy Report | August 29, 2020
Globalization, Poverty and Inequality
By Jenny Bates
The wealth of evidence available shows that international trade and investment, when accompanied by other development policies, are powerful engines of economic growth.

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