Como se combate o populismo? "Com eleições", responde Fukuyama

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10:00am 06/23/05 GREENSPAN: NO EVIDENCE STRONGER YUAN CREATES U.S. JOBS
10:00am 06/23/05 GREENSPAN: STRONGER YUAN WOULDN'T SHRINK U.S. TRADE GAP
10:00am 06/23/05 GREENSPAN: ANTI-CHINA TARIFFS WON'T PROTECT U.S. JOBS
10:00am 06/23/05 GREENSPAN: FLEXIBLE YUAN WOULD AID CHINA'S ECONOMY
10:00am 06/23/05 GREENSPAN WARNS AGAINST 'STEP BACK INTO PROTECTIONISM'


Greenspan warns against anti-China protectionism

WASHINGTON (MarketWatch) -- Federal Reserve Board Chairman Alan Greenspan on Thursday warned lawmakers against a "step back into protectionism," arguing that proposals for anti-China tariffs would do little to protect U.S. jobs and could undercut U.S. living standards. In testimony prepared for delivery to the Senate Finance Committee, Greenspan said there is little evidence a stronger Chinese yuan would boost U.S. manufacturing jobs or improve the U.S. trade balance. Instead, the United States would be likely to import more items from other Asian countries. Greenspan, however, said a more flexible currency would help China achieve economic stability and could aid world economic growth.