PIIE's 50+ scholars research a wide range of topics and regions. Our publications reflect the Institute’s commitment to timely, prescient, and topical research in a variety of formats. PIIE books, Policy Briefs, PIIE Briefings, Working Papers, and other scholarly writings all meet our high standards of intellectual rigor and transparency. All PIIE publications communicate the analysis, views, and scholarship of their authors and are not intended to reflect an official view of the Institute or the views of members of the Institute's Board of Directors.

Policy Briefs

October 2016
Foreign direct investment (FDI)—whether mergers and acquisitions or “greenfield” ventures built from the ground up—is generally thought of as reflecting decisions based on long-run factors. Conventional wisdom on capital flows holds that FDI inflows are “good flows,” while assessments of portfolio...

Olivier Blanchard (PIIE) and Julien Acalin (PIIE)

Working Papers

Working Paper
October 2016
A well-established theoretical literature examines the link between preferential trading arrangements and multilateral liberalization. Depending on the underlying model, however, theory predicts that preferential liberalization could act as either a stumbling block or a building block to further...

Chad P. Bown (PIIE) and Patricia Tovar (Pontificia Universidad Católica del Perú)

PIIE Briefings

PIIE Briefing
September 2016
Taiwan has long faced declining competitiveness due to both slow domestic economic reforms and discrimination from nonparticipation in many free trade agreements in the Asia-Pacific region, which have caused (or threatened) trade and investment diversion. Participating in the Trans-Pacific...