Given the role the agreement will likely play in establishing rules for the global economy, the Trans-Atlantic Trade and Investment Partnership (TTIP) is expected to be one of the most important trade and investment agreements in the 21st century. However, the current model that the TTIP is based on will increase carbon dioxide emissions and […]
In the last several years, Colombia’s coal sector has grown, spurred in part by demand from China, the world’s largest purchaser. Chinese foreign direct investment (FDI) in Colombia is limited, even as China has positioned itself as a leading trade partner. In a new working paper, Guillermo Rudas Lleras and Mauricio Cabrera Leal explore the […]
China has become an important partner for Bolivia, both diplomatically and economically, having signed over 400 cooperation, aid and loan agreements. The country has also been a small but fast-growing partner, active in Bolivia’s mining sector and set to be Bolivia’s main partner in developing its lithium reserves. Bolivia’s exports to China have been concentrated […]
Over the past decade, China’s economic presence in Argentina has grown significantly. China has become the main export destination for Argentina’s soy products, while Argentina has become an increasingly strategic location for Chinese firms to invest in oil and gas. In a new working paper, Julian Donaubauer, Andrés López and Daniela Ramos examine the social […]
By Kevin P. Gallagher, José Antonio Ocampo, Ming Zhang, Yu Yongding (July 2014) Leaders from the United States and China are meeting in mid July for another round of the Strategic and Economic Dialogue (SED) between the two countries. High on the agenda will be the health of each country’s economy and the fragility of […]
The North American Free Trade Agreement (NAFTA) between Mexico, the United States and Canada promised export, employment and gross domestic product (GDP) growth for each country. Traditional theory supported the same outcome, arguing the agreement would allow each nation to specialize in the sectors where each had a comparative advantage. However, the models assumed that […]
In the 1970s, China began to sign bilateral investment treaties (BITs), but refused to grant foreign investors the right to sue their host government in international arbitration tribunals. Few realize that China’s treaty negotiations have in fact abandoned this restriction in almost every Chinese BIT signed since 1998, including those with Latin America. Scholars have […]