 |
 |
|
|
PIIE Update Newsletter
May 26, 2010
"Top Think Tank in the World" in 2008
as determined by
the first comprehensive
global survey of over 5,000 such institutions. |
|
|
|
|
Unsubscribe
|
Subscribe |
RSS |
Comments
| |
|
|
|
|
| |
|
FEATURED |
| |
| |
Policy Brief 10-11
A Trade Agenda for the G-20
[pdf]
Jeffrey J. Schott
|
| | |
| |
G-20 summit planners seem to be giving trade issues short shrift on the already full agenda for their two scheduled meetings in 2010. Such complacency is unwarranted, given ongoing protectionist pressures fed by near double digit unemployment rates in the United States and Europe and the continuing impasse in the Doha Round negotiations. Instead, G-20 leaders should take three concrete actions to demonstrate their commitment to deterring protectionism and advancing multilateral trade liberalization: "topping up" Doha offers, especially on services; expanding existing offers to provide duty-free/quota-free access for the poorest countries; and extending the G-20 trade standstill commitment by declaring a temporary moratorium on climate change related border measures.
>> Read full policy brief [pdf]
|
| |
Working Paper 10-6
Toward a Sunny Future? Global Integration in the Solar PV Industry
[pdf]
Jacob Funk Kirkegaard, Thilo Hanemann, Lutz Weischer, and Matt Miller |
| | |
| |
Policymakers face a conundrum when designing national trade and investment policies related to clean energy sectors. They have pledged to address climate change and accelerate the large-scale deployment of renewable energy technologies, but they are tempted to nurture and protect domestic clean technology markets to create green jobs at home and ensure domestic political support for more aggressive climate policies. It is with this challenge in mind that the authors analyze the global integration of the fastest growing renewable energy sector: the solar photovoltaic (PV) industry.
In order for policymakers to stimulate both further growth of the solar industry and local job creation without constructing new trade and investment barriers, the authors recommend the following: (1) The government must provide sufficient and predictable long-term support to solar energy deployment. A preannounced framework brings investments forward and encourages cost cutting and innovation once government support begins to decrease. (2) Policymakers should focus not on solely the manufacturing jobs in the solar industry, but also on the total number of jobs that could possibly be created including those in project development, installation, research, and consulting. (3) Global integration and broader solar PV technology deployment through lower costs can be encouraged by keeping global solar PV markets open. Protectionist policies would slow the development of global solar markets and provoke retaliatory actions in other clean energy sectors. Lowering existing trade barriers—by abolishing tariffs and harmonizing industry standards—would be great steps toward global integration and should be implemented immediately and unilaterally by developed economies with the majority of global solar PV demand: the European Union, Japan, and the United States.
>> Read full working paper [pdf]
>>
See also Assessing the American Power Act
|
| |
New Book
Russia after the Global Economic Crisis
Anders Åslund, Sergei Guriev, and Andrew Kuchins, eds.
|
| | |
| |
"A delicate subject treated with genuine strategic sobriety—Russia after the Global Economic Crisis is deserving of serious reflection."
—Zbigniew Brzezinski, former US national security adviser
"These excellent essays by major Russian and Western scholars on Russia's key political and economic developments are vital reading for anybody who wants to understand Russia's current dilemma."
—Carl Bildt, minister for foreign affairs of Sweden
"This is a major contribution for those who seek real modernization of Russia. The authors refute the notion of Russian exceptionalism, arguing soberly that Russia faces major challenges in economic, social, and foreign policy, which require careful study of the historical experiences of many countries. The current 'reset' in relations between Russia and the West improves the chances for success, but Russia has to make the critical choices."
—Yevgeny Yasin, academic director, Higher School of Economics, Moscow
>> Preview and purchase book online
|
Peterson Perspectives Interviews
The IMF's High Profile Intervention in Greece
Edwin M. Truman discusses how the International Monetary Fund overcame European resistance and is playing a major role in the rescue of Greece and the safeguarding of Europe itself.
PIIE Noted in the News and on the Web
MSNBC
United States: Next Greece or Japan?
MSNBC interviews Michael Mussa, PIIE, and Peter Schiff, Euro Pacific Capital, on whether the United States is poised to be the next Greece or Japan.
Bloomberg
Posen Calls ECB Bond Purchases Economically Inefficient
Adam Posen, a member of the Bank of England's Monetary Policy Committee, talks with Bloomberg's Deirdre Bolton and Erik Schatzker about the European Central Bank's bond purchase program. Posen also discusses the outlook for the European debt crisis, the euro, and UK inflation. See also transcript.
Marketplace Radio
Greek Crisis May Have Impact in United States
Tess Vigeland talks to Jacob Funk Kirkegaard about how Greece's financial crisis can have an impact on American workers and the US economy.
Preview of Our Next Issue
Policy Brief 10-12
Assessing the American Power Act:
The Economic, Employment, Energy Security, and Environmental Impact of Senator Kerry and Senator Lieberman's Discussion Draft
Trevor Houser, Shashank Mohan, and Ian Hoffman
Testimony
The Role of the International Monetary Fund and Federal Reserve in the Stabilization of Europe
Edwin M. Truman
Paper
Beware of Greeks Bearing Debts [pdf]
Michael Mussa
|
| |
|
|
|
|
Peterson Institute for International Economics
1750 Massachusetts Avenue, NW | Washington, DC 20036-1903
Tel: 202-328-9000 | Fax: 202-659-3225 | www.piie.com
To unsubscribe from this list, please send a blank email to webmaster@piie.com.
|
|
|
|
