The USMCA in 2023: Opportunities and challenges

A trade agreement is much more than a text; it is a legal and institutional framework that lays the foundations for integration among the countries that sign it. It opens opportunities to prompt competitiveness, growth, and inclusive development, as well as boosts exchange dynamics beyond trade—in culture, education, and shared principles and values. Nevertheless, without…

February 27, 2023
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USMCA positions North America for global competitiveness

Manufacturers of all sizes, from small, family-owned and -operated businesses, to multinational enterprises, are counting on the United States–Mexico–Canada Agreement (USMCA) to strengthen their supply chains and help them grow. The USMCA can be a model for how the U.S., Mexico, and Canada can capitalize on our close regional ties, but it will require all…

February 27, 2023
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Ajay Banga: The US nominee for World Bank president

The nomination of Ajay Banga as the U.S. candidate for World Bank president is welcome news. If history is any guide, Mr. Banga will be elected, maybe unanimously, as the next World Bank president. His nomination, therefore, carries considerable import. It suggests that the Biden administration seriously believes the World Bank should: Scale up financial…

February 24, 2023
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Resilience must drive USAID’s programs—Illustrations from Afghanistan

The U.S. Agency for International Development (USAID) has under review a draft revision of its 2012 resilience policy for fragile and conflict environments. As reported in the OECD’s “States of Fragility 2022,” fragility has been rising in recent years and is present across a diversity of country contexts. Of the 60 countries identified as fragile,…

February 14, 2023
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