EconoGraphics

Africa Embraces the Promise of Free Trade

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Venezuela's Cryptocurrency: Should OFAC be Petrofied?

The short answer is no.

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Italians go to the polls on March 4th to elect a new government. Under a new electoral system, the outcome is uncertain. The Global Business and Economics program looks at some key economic indicators that could influence the election.

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This edition of our EconoGraphic blog explains the difference between primary and secondary sanctions, outlines how secondary sanctions work, and uses a case study to demonstrate how the United States employs secondary sanctions in the real economy. 

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The future of the Irish border is one of the key sticking points in the ongoing Brexit negotiations between the European Union (EU) and the United Kingdom (UK).

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The outcome of yesterday’s regional elections in Catalonia reflects the electorate’s deep polarization on the issue of regional independence.

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The region of Catalonia will hold critical elections on December 21. The stakes are high: the region unilaterally declared its independence on October 1 and subsequently saw the rule of its regional government suspended by Madrid’s central government pursuant to Article 155 of the Spanish constitution.

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In April of this year, Suniva, a Chinese-owned, US-based solar manufacturer filed a rarely-used Section 201 petition with the US International Trade Commission (ITC), requesting the imposition of minimum prices for solar module imports into the United States. In May, German-based SolarWorld joined Suniva’s petition, and in September, the ITC ruled in favor of the plaintiffs, ultimately recommending up to a 35 percent tariff on imported solar modules. 

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On October 3, 2017, the Atlantic Council hosted a conference with experts from the public and private sector to discuss the impact of Brexit on economic sanctions policymaking. The United Kingdom (UK) currently plays a considerable role crafting and implementing sanctions policy in the European Union (EU). Transatlantic cooperation and sanctions alignment are vital to ensure the effectiveness of this essential foreign policy tool. 

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Infrastructure investment stimulates economic growth. According to McKinsey & Company, an increase in infrastructure investment equal to 1 percent of gross domestic product (GDP) would convert into an additional 1.5 million direct and indirect jobs in the United States. America’s infrastructure is in a state of disrepair. The American Society of Civil Engineers scored the country’s infrastructure a collective “D+” in 2017.

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