International Economics, Globalization, and Policy: A Reader (McGraw-Hill Economics)

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Contents
Section I Issues in Trade and Protectionism
	1 How Costly Is Protectionism?
	2 Grain Drain: The Hidden Cost of U.S. Rice Subsidies DANIEL GRISWOLD
	3 International Trade: Why We Don’t Have More of It EDITH OSTAPIK AND KEI-MU YI
Section II Outsourcing, the WTO, and the Environment
	4 Bridging the Trade-Environment Divide
	5 Labor Standards: Where Do They Belong on the International Trade Agenda? DRUSILLA K. BROWN
	6 Beyond the Outsourcing Angst: Making America More Productive THOMAS F. SIEMS
	7 Offshoring: The Next Industrial Revolution? ALAN S. BLINDER
	8 Trade in Health Care: Changing Paradigms in a Global Economy ANOSHUA CHAUDHURI
Section III NAFTA, FDI, and Other Trade Issues
	9 Trade in the Americas From NAFTA to Bilateralism JOANNA MOSS
	10 Does Foreign Direct Investment Help Emerging Economies? ANIL KUMAR
	11 Have U.S. Import Prices Become Less Responsive to Changes in the Dollar?
Section IV Immigration
	12 Global Migration: Two Centuries of Mass Migration Offers Insights into the Future of Global Movements of People
	13 America’s Stake in Immigration: Why Almost Everybody Wins
Section V Globalization
	14 The Global Governance of Trade as if Development Really Mattered
	15 Are We Underestimating the Gains from Globalization for the United States?
	16 What’s So Special About China’s Exports?
Section VI Trade Deficit Disorder
	17 Twin Deficits, Twenty Years Later
	18 Why a Dollar Depreciation May Not Close the U.S. Trade Deficit
	19 Trade Deficits Aren’t as Bad as You Think
Section VII Exchange Rate Regimes and Macroeconomic Stabilization Policies
	20 Does the Exchange Rate Regime Matter for Inflation and Growth?
	21 China’s Controversial Exchange Rate
	22 To Float or Not to Float? Exchange Rate Regimes and Shocks
	23 Moving to a Flexible Exchange Rate: How, When, and How Fast?
	24 Official Dollarization and the Banking System in Ecuador and El Salvador
Section VIII Europe and the Euro Zone
	25 The Euro: Ever More Global
	26 Integration and Globalization: The European Bellwether
Section IX Financial Crises and Capital Flows
	27 Asia Ten Years After
		28 Financial Crises of the Future
		29 Financial-Sector Foreign Direct Investment and Host Countries: New and Old Lessons
		30 Appraising the IMF’s Performance: A Review of the First Three Studies by the New Independent Evaluation Office
		31 Sovereign Wealth Funds
Section X Foreign Aid
	32 Aid and Growth
	33 Microfinance: Banking for the Poor
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