Tag: Council on Hemispheric Affairs

S. America: Polar Ideologies Surface Due to Tempered Growth

Article – Council on Hemispheric Affairs • Global risk aversion, primarily stemming from uncertainty surrounding the Eurozone recession, has reduced commodity demand from Asia as well as capital outflows, which has moderated growth in South America. • • While Colombia’s response to slowed …Polar Ideologies Surface Due to Tempered Growth in South America By Faizaan Sami, Research Associate For The Council On Hemispheric Affairs – POSTED ON SEPTEMBER 28, 2012 • Global risk aversion, primarily stemming from uncertainty surrounding the Eurozone recession, has reduced commodity demand from Asia as well as capital outflows, which has moderated growth in South America. • • While Colombia’s response to slowed growth has gravitated more towards free market principles, Brazil has demonstrated a state-active approach in seeking recovery. • • Rural communities and the agricultural sector in Colombia are expected to be negatively impacted by the elimination of tariffs due to the free trade agreement the Colombian government signed with the European Union in June 2012. • • Brazil’s response to decelerating growth has involved spurring consumer demand with stimulus packages as well as protecting domestic manufacturing industries with protectionist measures and tax breaks. • Tempered Growth in South America Despite its advantages, commodity export-led development eventually culminates in a gradually built-up dependency on foreign demand that can leave a domestic economy highly susceptible to foreign markets. The term ‘Dutch disease’ as coined...

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The Trans-Pacific Partnership: Free Trade at What Costs?

Press Release – Council on Hemispheric Affairs The United States and eight other Asia-Pacific nations are engaged in top secret negotiations for the Trans-Pacific Partnership (TPP), hailed by the White House as a 21st century trade agreement. Although the pact will significantly benefit regional …In this release… The Trans-Pacific Partnership: Free Trade at What Costs? The United States and eight other Asia-Pacific nations are engaged in top secret negotiations for the Trans-Pacific Partnership (TPP), hailed by the White House as a 21st century trade agreement. Although the pact will significantly benefit regional economic integration, the TPP will encompass far more than trade. Additional provisions address investment, intellectual property rights, and environmental protection among other topics. Beyond the leaked texts and vague statements, which makes it apparent that the TPP will rewrite domestic laws and uphold investor-to-state relations, few outside the negotiating room know any details of the agreement. Thus, the TPP presents a troubling case of free trade being purchased at too great a price. This analysis was prepared by Eric Stadius and Elizabeth Briggs, Research Associates at the Council on Hemispheric Affairs. To read full article, click here. Open Letter to USTR Ambassador Ron Kirk COHA calls for the USTR Ambassador Ron Kirk to implement greater transparency measures surrounding negotiations for the Trans-Pacific Partnership. This letter was prepared by Eric Stadius and Elizabeth Briggs, Research Associates at the...

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