International trade—business conducted across national borders—drives GDP and directly and indirectly affects global alliances, globalization, and the economic health of nations. RAND research has examined international trade in contexts as diverse as arms trafficking, the drug trade, international nuclear commerce, trade unions, the U.S.-China trade deficit, and economic investment in the Ukraine.
COMMENTARY
In considering foreign application to acquire U.S. companies, the United States needs to consider both risks as well as benefits in both defense and economic dimensions, write Charles Wolf, Jr., Brian Chow, Gregory Jones, and Scott Harold.
REPORT
The authors look at four trade policy options for Japan and the United States. They evaluate each option for each country based on its impact on international relations and economic growth and its political and practical feasibility and conclude that the best option for both nations is to move forward cooperatively with the Trans-Pacific Partnership agreement.
JOURNAL ARTICLE
This paper explores the potential of the art market for open-source intelligence assessments of cultural security.
REPORT
The authors evaluate the risks and benefits of increased Chinese foreign investment, aiming to improve understanding of its investment patterns and strategy. They consider how U.S. national security might be compromised as well as how the United States and China can benefit from such investment, providing a way to assess national security risks and benefits and examining Chinese investment patterns in both the United States and elsewhere.
COMMENTARY
The EU should conclude the Deep and Comprehensive Free Trade Agreement (DCFTA) with Ukraine only if the Yanukovych administration demonstrates clear commitment to European values, write F. Stephen Larrabee and Taras Kuzio.
COMMENTARY
Given how markets are responding thus far, Osama Bin Laden's death is likely to have a modestly positive and buoyant effect on equity markets, writes Charles Wolf, Jr.
REPORT
China's aerospace industry has advanced at an impressive rate over the past decade, partly due to the increasing participation of its aerospace industry in the global commercial aerospace market and the supply chains of the world's leading aerospace firms.
REPORT
Assessing the full consequences of the global financial crisis that began in the summer of 2007 will require years, but it is possible now to examine how short-term linkages in different financial markets have changed since the onset of the crisis.
JOURNAL ARTICLE
This paper examines auction sales of African tribal art for the continent as a whole and by individual nations of origin.
JOURNAL ARTICLE
This paper defines a framework for the collection of cultural intelligence as a fundamental asset in countering threats to cultural security.
COMMENTARY
To reduce the bilateral imbalances between China and the U.S. requires more carefully crafted policies than revaluation of the yuan, else the results could be perverse, writes Charles Wolf Jr.
NEWS RELEASE
The Cyrus Chung Ying Tang Foundation has donated $2 million to the RAND Corporation to establish the Tang Institute for U.S.-China Relations. The institute will work to improve policy discussions that shape relations between the U.S. and China on issues such as currency, labor and trade, and more.
REPORT
Reports on a study whose goal was to analyze Ukraine’s environment for foreign trade and FDI and to develop policy proposals to expand Ukraine’s foreign trade and attract more FDI, especially vis-à-vis the United States. Barriers to trade and FDI, the chief one being corruption, are described, and a two-pronged strategy for removing the worst barriers is recommended — one prong to bring immediate results; the other to set…
COMMENTARY
Congressional critics say China's undervalued currency is the root of the problem. While China's currency may well be undervalued, the fundamental causes of the job losses and the trade deficit actually lie elsewhere, write William H. Overholt and Pieter Bottelier.
COMMENTARY
Published commentary by RAND staff: A Mighty Country's Progress and Regress, in Project Syndicate--an association that distributes commentaries to 291 newspapers in 115 countries.
COMMENTARY
Published commentary by RAND staff: Globalization's Unequal Discontents, in Washingtonpost.com.
COMMENTARY
Published commentary by RAND staff: Puts & Calls: Concerns Over U.S.-China Trade Deficit Are Overblown in the Pittsburgh Post-Gazette.
COMMENTARY
Published commentary by RAND staff.
COMMENTARY
Published commentary by RAND staff.
COMMENTARY
Published commentary by RAND staff.
RAND® is a registered trademark. Copyright © 1994-2012 RAND Corporation.