With rigorous economic research and practical policy solutions, we focus on the issues and institutions that are critical to global development. Explore our core themes and topics to learn more about our work.
In timely and incisive analysis, our experts parse the latest development news and devise practical solutions to new and emerging challenges. Our events convene the top thinkers and doers in global development.
A Plan B for Deepening Economic Ties in the Americas (Washington Post Online)
June 27, 2008
The online edition of the Washington Post features CGD visiting fellow Nancy Lee's proposal for regional integration in Latin America.
From the article:
"It may be time to try Plan B. Nancy Lee, former deputy assistant secretary for the Western Hemisphere at the Treasury Department, contends that rather than striving for an all-encompassing trade agreement, the region should get more of its fundamentals in order and pursue a narrower goal. In a chapter for the forthcoming book 'The White House and the World: A Global Development Agenda for the Next U.S. President,' to be published by the Washington-based Center for Global Development, Lee proposes a regional agreement to improve the hemisphere's investment climate.
Such an agreement would establish standards for doing business in the Americas, a region where many countries are far behind the average global standard. It would aim, for instance, to reduce burdens on private entrepreneurs by simplifying processes to start up a business, pay taxes, clear customs and access credit.