Legal Empowerment Providers and Community-Based Paralegals In West Africa

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Trade Policy, Exchange Rates, and the Globalization Surge of the 1990svia National Bureau of Economic ResearchDouglas A....
20/02/2025

Trade Policy, Exchange Rates, and the Globalization Surge of the 1990s
via National Bureau of Economic Research

Douglas A. Irwin writes that the trade policy revolution began because of a shortage of foreign exchange in the mid-1980s, which led to adopting more flexible exchange rate arrangements that boosted export earnings and made import controls unnecessary for payments balance.

Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.

President Trump invoked the Trade Expansion Act and the International Emergency Economic Powers Act to sidestep constitu...
20/02/2025

President Trump invoked the Trade Expansion Act and the International Emergency Economic Powers Act to sidestep constitutional constraints and impose new tariffs. In doing so, he is making unrestrained use of import taxes that seems to be based on personal whim rather than US trade law, Mary E. Lovely explains.

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