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Globalization
When goods, services, and capital flow freely across U.S. borders, Americans can take full advantage of the opportunities of the international marketplace. They can buy the best or least expensive goods and services the world has to offer; they can sell to the most promising markets; they can choose among the best investment opportunities; and they can tap into the worldwide pool of capital. Study after study has shown that countries that are more open to the global economy grow faster and achieve higher incomes than those that are relatively closed.
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Books and Book Chapters
Economic Freedom of the World Interactive Map
Mad about Trade: Why Main Street America Should Embrace Globalization, by Daniel Griswold (2009).
Economic Freedom of the World: 2009 Annual Report, by James Gwartney and Robert A. Lawson with Joshua Hall (September, 2009).
"Trade," Chapter 59, Cato Handbook for Policymakers, 7th Edition (2009).
Economic Freedom of the World: 2008 Annual Report, by James Gwartney and Robert A. Lawson with Seth Norton (September, 2008).
Cato Studies
"Globalization: Curse or Cure? Policies to Harness Global Economic Integration to Solve Our Economic Challenge," by Jagadeesh Gokhale, Policy Analysis no. 659, February 1, 2010
"Made on Earth: How Global Economic Integration Renders Trade Policy Obsolete," by Daniel J. Ikenson, Trade Policy Analysis no. 42, December 2, 2009
"Burning Rubber: Proposed Duties on Chinese Tires Whiff of Senseless Protectionism," by Daniel J. Ikenson, Free Trade Bulletin no. 39, September 11, 2009
"A Harsh Climate for Trade: How Climate Change Proposals Threaten Global Commerce," by Sallie James, Trade Policy Analysis no. 41, September 9, 2009
"An International Monetary Fund Currency to Rival the Dollar? Why Special Drawing Rights Can't Play That Role," by Swaminathan S. Anklesaria Aiyar, Development Policy Analysis no. 10, July 7, 2009
Articles and Newsletters
"Unions, Protectionism, and U.S. Competitiveness," by Daniel Griswold, Cato Journal, Winter 2010.
"Creating Financial Harmony: Lessons for China," by James A. Dorn, Cato Journal, vol. 28 no. 3, Fall 2008.
"An Indian Economic Miracle?," by Deepak Lal, Cato Journal, vol. 28, no. 1, Winter 2008.
"Human Rights, Limited Government, and Capitalism," by Erich Weede, Cato Journal, vol. 28, no. 1, Winter 2008.
"The Columbian Exchange and the Reversal of Fortune," by Thomas Grennes, Cato Journal, vol. 27, no. 1, Winter 2007.
"Economic Freedom and the Advantages of Backwardness," by Erich Weede, Economic Development Bulletin no. 9, January 31, 2007.
Opinion and Commentary
"Chinese Exports Are Everyone's," by Daniel J. Ikenson and Alec van Gelder, South China Morning Post, February 8, 2010
"Abominable Economics," by Daniel Griswold, National Review (Online), January 18, 2010
"Americans Reaping Benefits of U.S. Membership in WTO," by Daniel Griswold, Washington Times, January 5, 2010
"Why Populists Are Wrong About Impact of Free Trade," by Daniel Griswold, Naples Daily News, January 5, 2010
"What America Makes Best," by Daniel Griswold, Barron's, November 9, 2009
Events
"Made on Earth: How Global Economic Integration Renders Trade Policy Obsolete," December 17, 2009 [Capitol Hill Briefing]
"Rethinking Trade Policy," December 15, 2009 [Policy Forum]
"Mad about Trade: Why Main Street America Should Embrace Globalization ," November 6, 2009 [Book Forum]
"Restoring the Pro-Trade Consensus," June 15, 2009 [Capitol Hill Briefing]
"Who Are the Real Free Traders in Congress?," June 10, 2009 [Capitol Hill Briefing]
Speeches and Congressional Testimony
"Opening the World of Export Opportunity to U.S. Small Businesses," Daniel Griswold, Congressional Testimony, June 19, 2008.
"The Large Stake of U.S. Small Business in an Expanding Global Economy," Daniel Griswold, Congressional Testimony, June 13, 2007.
"The Economic Effects of Significant U.S. Import Restraints," Daniel Griswold, Congressional Testimony, December 4, 2001.
"The Export Import Bank," Ian Vásquez, Congressional Testimony, May 8, 2001.
"America's Misunderstood Trade Deficit," Daniel Griswold, Congressional Testimony, July 22, 1998.
Multimedia
"Our Obsolete Trade Policy" featuring Daniel J. Ikenson, January 20, 2010 [Flash Audio, 08:55]
Daniel Griswold discusses Obama boosting America's brand on CNBC's Street Signs December 30, 2009 [Flash Video, 04:42]
Brink Lindsey discusses trade on Bloomberg's Taking Stock December 9, 2009 [Flash Video, 05:39]
Daniel Griswold discusses globalization and trade on BNN's Midday Markets December 9, 2009 [Flash Video, 07:41]
Daniel Griswold discusses his book Mad About Trade on NPR Affiliate WFAE's Charlotte Talks November 18, 2009 [Flash Audio, 51:08]
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