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Portrait: Timothy Kehoe

Tim Kehoe on NAFTA's Impact on the US Economy

"Minnesota farmers produce a big part of products, especially soy beans, corn and wheat that goes to Mexico," said Tim Kehoe. "The kind of rhetoric we’ve seen in the last week, Mexicans are already starting to look around for other suppliers. If they don’t think of us a trustworthy or dependable trade partner, they’re going to start looking to countries like Brazil for those products."
China skyline

POLICY BRIEF: Deciphering China’s Puzzling Capital Flows

While China’s inflow of foreign direct investment surged in the early 1990s, very little came from technologically advanced nations. Rather, much of China’s capital inflows and outflows were round-trip transactions routed through the United Kingdom Islands and Hong Kong to take advantage of tax policies and industrial policies aimed at increasing foreign investment.