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  • Holding Aid for Ukraine Hostage

    In one of this year’s more cynical foreign policy moves, the Obama Administration is holding aid for Ukraine hostage to its longstanding goal of reducing U.S. influence at the International Monetary Fund. Yes, you read that right: Reducing U.S. influence is the Administration’s goal. Believing that the U.S. wielded too … More

    Expelling Russia from the G8: Weak Symbolism and Absurdist Theater

    Canadian Prime Minister Stephen Harper has joined U.S. Secretary of State John Kerry in calling for consideration of expelling Russia from the G8, the group of the eight most powerful industrialized democracies. Russia was a late comer to the group, joining only in 1997, in a move that was supposed … More

    The World Bank Must Defend “Doing Business” Report

    Jim Yong Kim, president of the World Bank, faces perhaps the most critical decision in his presidency so far. He must defend the Bank’s annual “Doing Business” report from attacks by China and some nongovernmental organizations (NGOs). His failure to do so will have far-reaching negative impacts on the World … More

    Economic Freedom Key to Unlocking a Prosperous Arab Future

    In the latest issue of the journal Democracy, Michael Wahid Hanna identifies Seven Pillars of the Arab Future. First on his list: economic growth and equality. Among the troubling Middle East economic indicators highlighted by Hanna are low economic growth, inequality, and high unemployment, especially for youth. He identifies five … More

    St. Louis Fed Report Finds Imports, Not Exports, the Lifeblood of U.S. Manufacturing

    A new report published in the Federal Reserve Bank of St. Louis Review provides strong evidence that the Administration’s obsessive focus on boosting exports as a way to help U.S. manufacturers is just plain wrong. The study debunks the idea that changes in either imports or exports affect growth in … More

    Obesity in America: Blame Trade Protectionism on Sugar

    With a new study pointing the finger at high fructose corn syrup as a culprit in America’s explosive epidemic of obesity, it is important to remember just why we are consuming so much of this commodity as opposed to the more traditional, and apparently healthier, sucrose or common table sugar. … More

    U.S. Foreign Aid Lacks Transparency, New Study Says

    A new study by the international watchdog group Publish What You Fund finds U.S. foreign aid programs lagging seriously in transparency. According to the organization, transparency is critical for ensuring genuine accountability for results. Of the various U.S. aid organizations, the Millennium Challenge Corporation is the most transparent, with a … More

    CHART: Banking on the Private Sector

    In his October 1 speech to the 45th Annual Meeting of the Association of American Chambers of Commerce in Latin America, World Bank President Jim Yong Kim made his pitch to (re)assure private business leaders that he is serious about private-sector-driven economic growth and development. In a rather confessional tone, … More

    Protectionist "Obsession" Is Misplaced

    Former Governor Jennifer Granholm (D–MI) confessed Wednesday to an “obsession” with creating manufacturing jobs in the United States. That is a brave admission, given that the dictionary defines obsession as “a persistent disturbing preoccupation with an often unreasonable idea.” Following up on President Obama’s call in Charlotte for creation of … More

    G-8: Hiding in the Woods

    No one outside of the White House knows exactly why the President decided to move the G-8 meeting this Friday from Chicago to Camp David. Speculation that security concerns were driving the change in venue is probably off base given that the NATO summit scheduled two days later is continuing … More