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China’s SOE Reform—The Wrong Path

A key component of China’s SOE reform strategy—mergers of the largest firms in the same industry—seems very unlikely to improve the efficiency of bloa...

Jul 28, 2016 · Staff
Originally on Wedgetail
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The Divergent Postcommunist Paths to Democracy and Economic Freedom

This paper presents evidence from 29 postcommunist countries that the economic transition has been more successful than the political transformation i...

Jul 28, 2016 · Staff
Originally on Wedgetail
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Slave to the Blog: The Will Rogers Edition

The American humorist famously observed, “If you find yourself in a hole, stop digging.” Some folks internalize this advice, and, well…some do not. Qa...

Jul 27, 2016 · Staff
Originally on Wedgetail
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US Exit From WTO Would Unravel Global Trade

In his latest attack on US trade policy, Republican presidential candidate Donald J. Trump has threatened to exit the 163-country World Trade Organiza...

Jul 26, 2016 · Staff
Originally on Wedgetail
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The US Filed a WTO Dispute to Save Jobs—by Increasing Imports from China: Here’s Why

In the latest salvo against free trade, Donald Trump argued that the World Trade Organization is a disaster and fails to protect US interests—and said...

Jul 26, 2016 · Staff
Originally on Wedgetail
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Summer Reading: Diamond, Plattner and Walker, Authoritarianism Goes Global

Last year, I wrote about the problem of “democracy promotion in reverse” and spotlighted a website managed by the International Forum for Democratic S...

Jul 26, 2016 · Staff
Originally on Wedgetail
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Economic and Political Freedoms Diverge in Eastern Europe

Political analysts often assume that economic and political freedoms go together. Increase property rights and the opportunities for private business,...

Jul 25, 2016 · Staff
Originally on Wedgetail
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The North Korean Economy Contracted Last Year. Maybe.

The Bank of Korea has released its annual North Korean GDP estimates, and the BOK has concluded that the North Korean economy contracted by 1.1 percen...

Jul 25, 2016 · Staff
Originally on Wedgetail
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Trans-Pacific Partnership: An Assessment

The Trans-Pacific Partnership (TPP) between 12 Pacific Rim countries has generated the most intensive political debate about the role of trade in the ...

Jul 21, 2016 · Staff
Originally on Wedgetail
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Release of Implications of the Trans-Pacific Partnership for the World Trading System

The Peterson Institute for International Economics released the Policy Brief Implications of the Trans-Pacific Partnership for the World Trading Syste...

Jul 14, 2016 · Staff
Originally on Wedgetail
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A Slow Negotiation Might Help Achieve a Better Brexit Solution

What happens now to the relationship between the United Kingdom and the European Union, after the Brexit referendum? It has been difficult to learn fr...

Jul 05, 2016 · Staff
Originally on Wedgetail
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Once Again, Sanctions Enforcement

In an earlier post, I talked about the qualitative evidence that North Korea is starting to experience distress, and noted that the ultimate fate of t...

Jul 05, 2016 · Staff
Originally on Wedgetail