The U.S.–India economic relationship is undeniably expanding. The question is how to maximize it. A recent report published by The Heritage Foundation, “Unleashing the Market in the U.S.–India Economic Relationship, Part I,” begins to answer that very question. The publication sheds light on what could happen if the largest economy …
China’s 2012 official economic numbers are due out at the end of this week and I, among others, will gently suggest that they aren’t particularly accurate. Sometimes, however, it isn’t Beijing that can’t get basic economic facts right. Sometimes it’s us. A lot of foreigners believe China is contributing a …
The latest trade deficit figures are out, and like always, most reporters fail to accurately explain what these numbers mean. During the past 10 years, there has been a clear relationship between trade deficits and U.S. economic growth. Most news coverage got the relationship backwards. Consider the following reports: “The …
China set a record with its investments around the world in 2012. And in the United States, China shattered its previous investment record. Before people start panicking, it’s important to know: This is not a bad thing. First, let’s put it in perspective. Chinese investment is still very, very small …
A long-awaited report on natural gas exports was finally released by the Department of Energy (DOE) last week. Unsurprisingly, it concluded that exporting natural gas would bring a net economic benefit to the U.S. economy, with most benefits being realized as economies of scale in gas production increase. With the …
On August 22, after almost 20 years of negotiations, Russia became the 156th member of World Trade Organization (WTO). Regrettably for the U.S., Russia has still not been granted permanent normal trade relations (PNTR) status, meaning that the U.S. cannot fully benefit from Russia’s new status in the WTO. As …
