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Daniel Griswold




Daniel Griswold is senior research fellow and co-director of the Program on the American Economy and Globalization at the Mercatus Center. Before joining the Mercatus Center, Daniel served as president of the National Association of Foreign-Trade Zones (NAFTZ) from 2012 to 2016, representing its members in Washington before Congress and regulatory agencies. From 1997 to 2012, Griswold directed the Cato Institute’s trade and immigration research program.

Daniel is the author of the 2009 Cato book, Mad about Trade: Why Main Street America Should Embrace Globalization. He has testified before congressional committees, commented frequently for TV and radio, authored articles for The Wall Street Journal and other national publications, and addressed business and trade groups across the country and around the world. Before joining Cato, Daniel was editorial-page editor of the Colorado Springs Gazette, a daily newspaper, and a press secretary on Capitol Hill. He holds a bachelor’s degree in journalism from the University of Wisconsin at Madison, and a diploma in economics and an M.Sc. in the Politics of the World Economy from the London School of Economics.

www.mercatus.org

Author Article List



Trade Agreements Put FTZ Companies and Workers at a Disadvantage

More than 40 percent of imports to the United States today are sourced from Free Trade Agreement-partner countries, the result of FTAs signed with 20 nations over the past three decades. If the United States successfully enters the Trans-Pacific Partnership (TPP) and Transatlantic Trade and Investment Partnership (T-TIP) agreements, the share of FTA-sourced imports will rise above 60 percent.

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Greek Compromise Is Key to Containing Risk

A snap election held in late January produced a decisive victory for Syriza. This leftist party pledged to force the IMF, the EU, and the European Central Bank — the so-called “troika” — to renegotiate the terms of agreements made by previous governments to obtain emergency loans totaling $280 billion, and gave its blessing to the write-off of about one-half of the country’s near $400 billion public debt.

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The Massive Negative Impact of Falling Oil Prices

As expected, the dramatic drop in crude oil prices is having a deep impact on the American Oil industry. As prices for Brent Crude dropped to $44.13 on January 13th, daily industry reports began to reveal the bleak picture for producers and related companies. Despite prices seeming to recover and level off around the $60 range throughout February, the reports of losses, layoffs, and CAPEX cutbacks continue.

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Bad Timing: The Dangers of Trying To Time the FX Market

The imagined rewards that come with timing markets often tempt otherwise risk-adverse individuals with the prospect of easy money. The same psychology that lures humans toward gambling comes into play when making both personal and professional financial decisions. As tempting as timing the market might be, is it truly the right course for you or your business?

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