Regional Investment Agreement: An Idea for the 2009 Summit of the Americas
Last week I had the pleasure of hosting a lively and useful discussion of Nancy Lee's idea for improving economic integration in the Americas -- via a focus now on investment rather than trade. Joining the discussion were economists and regional experts from the public and private sectors, some with a good nose for the politics as well as the economics. (Nancy Lee's proposal is a good example of a "practical idea" grounded in independent research, to invoke the Center's tag line.
CGD recently hosted a roundtable discussion on a set of important questions confronting the multilateral development banks (MDBs) as the market for their loans shrinks: can they help to foster a greatly expanded market for new risk management tools -- such as insurance and other hedging mechanisms -- to