C. Fred Bergsten and the World Economy
Cover -- Contents -- Preface -- 1 C. Fred Bergsten: Intellectual Entrepreneur -- Evangelist for the Open Economy -- The Happy Cassandra -- Star Player, Team Leader -- Observations: C. Fred Bergsten, the Man and His Institute -- 2 Constant Ends, Flexible Means: C. Fred Bergsten and the Quest for Open Trade -- Recurrent Themes -- The Institute Years -- Looking Ahead: Will the Same Patterns Persist? -- 3 Trade Policy at the Institute: 25 Years and Counting -- Rampant Globalization -- Multilateral Trade Negotiations -- Bilateral and Regional Trade Negotiations -- The US Free Trade Coalition Splinters -- The Next 25 Years -- 4 Economic Sanctions and Threats in Foreign and Commercial Policy -- Economic Sanctions for Foreign Policy Goals -- Use of Trade Threats and Sanctions in Managing Trade Policy -- Summary and Conclusions -- 5 Trade Adjustment Assistance: The More We Change the More It Stays the Same -- Origins of Trade Adjustment Assistance -- Two Steps Forward, One Step Back -- The 2002 Reforms -- Running in Place -- Chamber of Commerce Support for TAA -- Unfinished Business -- TAA as a Model for Assistance to All Displaced Workers -- Cost Estimates for Reform Proposals -- Recent Congressional Activity -- Conclusion -- Appendix 5A -- Appendix 5B -- Appendix 5C -- 6 Fred Bergsten asan Early Architect of an International Regime for Foreign Direct Investment -- Bergsten as Early Advocate of an International Regime for Investment -- Does the Case for an International Regime for Investment Still Stand? -- 7 The International Monetary System in the Work of the Institute -- 8 Fred Bergsten and the Institute's Work on Exchange Rate Regimes -- History -- Target Zones -- The Blueprint -- Intervention -- Crawling Bands for Emerging Markets -- Baskets -- The System: Tinkering or Reference Rates? -- Concluding Remarks -- 9 What Can Exchange Rates Tell Us?.