James A. Dorn is Vice President for Monetary Studies and Senior Fellow at the Cato Institute. His articles have appeared in The Wall Street Journal, Financial Times and South China Morning Post. He has testified before the U.S.-China Security Review Commission and the Congressional-Executive Commission on China.
James is the Vice President for CATO academic affairs, editor of the Cato Journal, and director of Cato's annual monetary conference. His research interests include trade and human rights, economic reform in China, and the future of money.
www.cato.org
Author Article List
Why Exim Bank Reauthorization Is Vital
- Published on Thursday, August 06, 2015
It’s very disappointing that the Senate could not find the will to attach a reauthorization of the Export-Import Bank of the United States (“Exim”) to the only “must pass” piece of legislation in July. Now, Exim will not be in a position to help American companies with new projects until September or October at the earliest. And the longer we go without an Export Credit Agency, the bleaker the outlook.
Exchange Rate Volatility Can Spell Opportunity
- Published on Thursday, August 06, 2015
If there is one thing you can count on in global currency markets, and in emerging markets in particular, it is exchange rate volatility. The present sell-off in emerging market stocks and currencies, as evidenced by the chart below compiled with data from Oanda.com, is certainly eye opening, but in no way unprecedented. What is unprecedented, however, is the grim prognosis perhaps facing these nations’ economies.
The Philippines: President Aquino’s Legacy and What's Ahead
- Published on Tuesday, August 04, 2015
Many are unaware that Bloomberg predicts the Philippines to become the second fastest growing economy in the world in 2015 — a stunning achievement for a country that has for many years been considered an under performer. Since 2010, GDP growth under President Benigno S. Aquino III was an average of 6.2 percent — the highest in four decades, and coinciding with the Great Recession.
Is India Losing Its Opportunity To Become a Great Power?
- Published on Saturday, August 01, 2015
Last year Narendra Modi won an unusually strong majority in India’s parliamentary election. Previously barred from receiving a U.S. visa because of charges that he incited sectarian violence, Modi visited the U.S. last September and was warmly welcomed by both the Obama administration and Indian-Americans. He was treated as the leader of the next great power.
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