RokStories

James A. Dorn




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



United Arab Emirates: Conditions Stable, but Risks Remain

Since 2009, the federation government has grappled with difficulties stemming from a debt crisis in Dubai and the threat of internal unrest amid the Arab Spring in 2011. To all appearances, the emirs have met those twin challenges with success. The wave of rebellion that swept across the region largely bypassed the UAE. It was kept at bay by generous social spending rather than political concessions.

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Are the Federal Government and Regulations Out of Control?

The U.S. economic recovery remains anemic, so President Barack Obama wants Washington to spend more money. Of course, if the economy was booming, he would want the federal government to spend even more money. Nevertheless, the favorite justification for public expenditures these days is to “stimulate” the economy. The fact that $5 trillion in federal deficits during the president’s first four years in office didn’t create a buoyant economy doesn’t matter.

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Where Is Nestlé Not Investing?

Someone tell Nestlé that Europe's economy is on the ropes. In the past 18 months, the Vevey, Switzerland-based nutrition and food services giant has invested in new facilities in France, Germany, Spain, Switzerland — and three in the UK (not to mention China, Jamaica, the UAE, Malaysia and Argentina, among other places). It's also expanding a Purina pet food factory in Bük, Hungary, adding 150 jobs to that site.

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Mexican Energy, Labor and Tax Reforms Could Have Major Impact

President Enrique Peña Nieto has managed to enlist the backing of both the conservative PAN and the left-leaning PRD for the reform agenda of his PRI administration. The unprecedented tripartite alliance, dubbed the “Pact for Mexico,” has agreed to steer a total of 95 reform initiatives through the 500-member Chamber of Deputies, and has already delivered in the areas of education, labor-market rules, and telecommunications.

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