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Is Offshoring a Problem for the U.S. Economy?
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Press Release

Is Offshoring a Problem for the U.S. Economy?

The recent policy debate regarding the American labor force has already found its way into the political posturing of the campaign cycle. The debate is serious: Will offshoring, the practice of outsourcing American service sector jobs to foreign countries, benefit the economy or lower American workers’ wages, hollow out the American job market, and destroy the American service sector? Unfortunately, like many debates in the political world, it has been marred by misinformation and hysteria. Knee-jerk political actions bordering on protectionism that could threaten the growing economy have been proposed. Yet a careful study of the facts shows the hysteria surrounding the effects of offshoring is just that, hysteria.

05/20/2004
Economic Isolationism is Bad for Everyone
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Press Release

Economic Isolationism is Bad for Everyone

©2004 Copley News Service, 2/24/2004

02/24/2004
CANDIDATES FOR 5TH DISTRICT SEAT FOCUS ON JOB LOSS, TRADE AT FORUM
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CANDIDATES FOR 5TH DISTRICT SEAT FOCUS ON JOB LOSS, TRADE AT FORUM

BY Lisa Hoppenjans

MOCKSVILLE Two small-town candidates in the 5th Congressional District race played up their roots yesterday in the last of a series of forums sponsored by Citizens for a Sound Economy. Joe Byrd, a former chairman of the Wilkes County Board of Commissioners, told the 11 people in attendance that his family settled in Wilkes County in 1796. He added that he grew up as one of 10 children of a Baptist minister.

01/22/2004
Trade: Free, Fair and Forgotten
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Press Release

Trade: Free, Fair and Forgotten

©2003 Copley News Service, 11/25/2003

11/25/2003
An African Renaissance
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Press Release

An African Renaissance

©2003 Copley News Service, 7/15/2003

07/15/2003
Economic Prosperity for Africa, Too
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Press Release

Economic Prosperity for Africa, Too

©2003 Copley News Service, 6/18/2003 News from Africa and the Middle East these days could have been written by Charles Dickens: In terms of problems, it is the worst of times, but in terms of opportunities for peace and democratic development, it is also the best of times.

06/18/2003
The IMF and the World Bank
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Press Release

The IMF and the World Bank

Before getting into the specifics of the debate over two of the most controversial institutions in modern times, consider this admittedly far-out analogy: the International Monetary Fund (http://www.imf.org) and the World Bank (http://www.worldbank.org) are like two huge financial aid organizations, but instead of doling out financial aid to countries, imagine they dole it out to college students.

05/23/2003
Protectionism: Protecting Whom?
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Press Release

Protectionism: Protecting Whom?

In the swirling debate over globalization and free trade, one tends to lose sight of the actual policies being debated. Amidst competing concerns of “environmental destruction,” “exploitation,” and “Gap is the real terrorist,” one can forget what the word “globalization” describes, and what specifically is meant by “free trade.”

04/29/2003
Advisory Committee For Trade Policy And Negotiation
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Advisory Committee For Trade Policy And Negotiation

Members for two-year terms: James Philip Hoffa, general president of the International Brotherhood of Teamsters; and Paul Norman Beckner, president and chief executive officer of Citizens for a Sound Economy.

01/21/2003
U.S., Singapore Wrap Up Free-Trade Deal
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U.S., Singapore Wrap Up Free-Trade Deal

The Bush administration announced Wednesday it had cleared away the last hurdle to a free-trade agreement with Singapore, wrapping up the deal a month after a similar one with Chile, the Associated Press reported. Administration officials said a final round of telephone negotiations between Treasury Undersecretary John Taylor and Koh Yong Guan, managing director of Singapore's monetary authority, resolved the lone sticking point: treatment of capital flows during periods of financial crises. Under the deal, Singapore may impose capital controls if it deems them necessary, but U.S. investors may file claims to recoup any investments trapped in Singapore. The administration hopes to use agreements with Chile, Singapore and other countries to give momentum to the negotiations on even bigger prizes: a deal covering all countries except Cuba in the Western Hemisphere, and new global trade talks covering the 144 nations in the World Trade Organization. The deal with Singapore would wipe out tariffs and other trade barriers on about $33 billion in merchandise trade between the two nations. It also would give U.S. banks and service companies more access to one of Asia's main financial centers. Meanwhile, President Bush, who has tried to lure organized labor into the Republicans' political camp, Wednesday named Teamsters' President James Hoffa to an administration advisory panel on trade. Bush also named Paul Beckner, president of Citizens for a Sound Economy, a group that advocates lower taxes and less government, to a two-year term on the Advisory Committee for Trade Policy and Negotiations.

01/16/2003

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