Fill out the brief form below for access to the free report.
James K. Glassman on G-20 Admission Standards
In this week’s Wall Street Journal op-ed “The G-20 Needs Better Admissions Standards”, Bush Institute Executive Director James K. Glassman, with co-author Alex M. Brill, research fellow at the American Enterprise Institute and policy director and chief economist of the House Ways and Means Committee, discusses the need for admissions standards to the G-20 and what those standards should be. The Group of 20 met earlier this week in Mexico with three objectives, to “restore global growth, strengthen the international financial system, and reform financial institutions”. Arguing that admissions standards “will help the G-20 strengthen its legitimacy”, Glassman and Brill outline what the membership criteria should be according to their recent study, sponsored by the National Taxpayers Union. They point out previous admission standards, “based loosely on country size, but politics were clearly a factor too”, have “diminished international trust in the G-20's decisions and activities.” Under their proposed admission standards four current G-20 members would no longer qualify: Argentina, Indonesia, Mexico and Russia. However, four smaller nations, Switzerland, Singapore, Norway and Malaysia, would now be able to join. “With the global economy again weakening, we need a strong G-20 now more than ever. The leaders of the world should take the opportunity of their meeting in Los Cabos to put aside political incentives and do what is best to ignite the global economy. By setting real membership standards, world leaders could build a better G-20, one capable of facing the challenges ahead.” To read “The G-20 Needs Better Admissions Standards” click here.
TARIFF-IED: Trade Talk with Matthew Rooney
Bush Institute-SMU Economic Growth Initiative Director Matthew Rooney breaks down the trade conflict with India.
How Trade Spreads Holiday Cheer
It is projected that the average American household will spend more than $1,000 during the holidays this year.
Deporting Salvadorans May Lead to Economic Decline
We should think carefully about a policy whose major impacts are likely to be reductions in employment and economic activity here at home, and increased instability and lawlessness along our borders.