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Globalization
When goods, services, and capital flow freely across U.S. borders, Americans can take full advantage of the opportunities of the international marketplace. They can buy the best or least expensive goods and services the world has to offer; they can sell to the most promising markets; they can choose among the best investment opportunities; and they can tap into the worldwide pool of capital. Study after study has shown that countries that are more open to the global economy grow faster and achieve higher incomes than those that are relatively closed.
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Books and Book Chapters
Economic Freedom of the World Interactive Map
Mad about Trade: Why Main Street America Should Embrace Globalization, by Daniel Griswold (2009).
Economic Freedom of the World: 2009 Annual Report, by James Gwartney and Robert A. Lawson with Joshua Hall (September, 2009).
"Trade," Chapter 59, Cato Handbook for Policymakers, 7th Edition (2009).
Economic Freedom of the World: 2008 Annual Report, by James Gwartney and Robert A. Lawson with Seth Norton (September, 2008).
Cato Studies
"The Trade-Balance Creed: Debunking the Belief that Imports and Trade Deficits Are a "Drag on Growth"," by Daniel Griswold, Trade Policy Analysis no. 45, April 11, 2011
"Beyond Exports: A Better Case for Free Trade," by Daniel J. Ikenson and Scott Lincicome, Free Trade Bulletin no. 43, January 31, 2011
"The U.S. Generalized System of Preferences: Helping the Poor, But at What Price?," by Sallie James, Trade Policy Analysis no. 43, November 16, 2010
"The Miscellaneous Tariff Bill: A Blueprint for Future Trade Expansion," by Daniel Griswold, Trade Briefing Paper no. 30, September 9, 2010
"Globalization: Curse or Cure? Policies to Harness Global Economic Integration to Solve Our Economic Challenge," by Jagadeesh Gokhale, Policy Analysis no. 659, February 1, 2010
Articles and Newsletters
"Unions, Protectionism, and U.S. Competitiveness," by Daniel Griswold, Cato Journal, Winter 2010.
"Negotiating with North Korea: Who's In Charge?; Engaging China to Solve the North Korea Problem," by Doug Bandow, Nuclear Proliferation Update, September 2009.
"Creating Financial Harmony: Lessons for China," by James A. Dorn, Cato Journal, vol. 28 no. 3, Fall 2008.
"An Indian Economic Miracle?," by Deepak Lal, Cato Journal, vol. 28, no. 1, Winter 2008.
"Human Rights, Limited Government, and Capitalism," by Erich Weede, Cato Journal, vol. 28, no. 1, Winter 2008.
"The Columbian Exchange and the Reversal of Fortune," by Thomas Grennes, Cato Journal, vol. 27, no. 1, Winter 2007.
Opinion and Commentary
"Truth about Trade Deficits and Jobs," by Daniel Griswold, Washington Times, June 14, 2011
"Are We Really "on Track" to Double Exports in Five Years?," by Daniel Griswold, Washington Times, April 6, 2011
"Ignorance Makes Us Poorer," by Richard W. Rahn, Washington Times, March 22, 2011
"Is India an Economic Superpower in the Making?," by Doug Bandow, Forbes, March 7, 2011
"U.S. Needs to Seriously Pursue a Free Trade Agenda," by Doug Bandow, Forbes, February 28, 2011
Events
"The U.S. Generalized System of Preferences: Helping the Poor, But at What Price?," December 14, 2010 [Policy Forum]
"Made on Earth: How Global Economic Integration Renders Trade Policy Obsolete," December 17, 2009 [Capitol Hill Briefing]
"Rethinking Trade Policy," December 15, 2009 [Policy Forum]
"Mad about Trade: Why Main Street America Should Embrace Globalization ," November 6, 2009 [Book Forum]
"Restoring the Pro-Trade Consensus," June 15, 2009 [Capitol Hill Briefing]
Speeches and Congressional Testimony
"Made in America: Increasing Jobs through Exports and Trade," by Daniel Ikenson, March 16, 2011.
"Opening the World of Export Opportunity to U.S. Small Businesses," Daniel Griswold, Congressional Testimony, June 19, 2008.
"The Large Stake of U.S. Small Business in an Expanding Global Economy," Daniel Griswold, Congressional Testimony, June 13, 2007.
"The Economic Effects of Significant U.S. Import Restraints," Daniel Griswold, Congressional Testimony, December 4, 2001.
"The Export Import Bank," Ian Vásquez, Congressional Testimony, May 8, 2001.
Multimedia
Swaminathan Aiyar gives a quick history of economic reform in India. (June 8, 2011) [Cato Video, 05:47]
A History of Indian Economic Reforms featuring Swaminathan S. Anklesaria Aiyar (June 3, 2011) [Daily Podcast, 05:30]
India Twenty Years after Reform featuring Swaminathan S. Anklesaria Aiyar, Ian Vásquez, Arvind Panagariya and Surjit Bhalla (June 1, 2011) [Events, 01:30:26]
Sallie James discusses free trade on WNRR's Powers to the People (May 2, 2011) [Media Highlights - Radio, 21:13]
The Trade Balance Creed featuring Daniel Griswold (April 15, 2011) [Daily Podcast, 06:23]
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