Ideas to Action:

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CGD Policy Blogs

 

Technology, Innovation, and the American Dream: New Study Finds H-1B Visas Benefit US and Indian Workforce

Amidst the ongoing debates in both the United States and India about the H-1B visa program, our new paper demonstrates the positive impacts of the H-1B visa program in both the United States and India. We find that the program provides benefits to US and Indian workers and consumers, and that it is a contributing factor to the expanding hi-tech sectors in both countries.

Kudos to Tokyo and Washington on Rice Sales -- Et Tu, Thailand and India?

This post is joint with Tom Slayton, a rice trade expert and former editor of The Rice Trader

Today in Tokyo, Japan's Vice Minister for Agriculture, Toshirou Shirasu, told reporters that Japan plans to export 200,000 tons of rice to the Philippines "as fast as possible." This confirmed sale comes on top of 50,000 tons of Japanese rice previously under discussion. Even the anticipation of these sales had done much to take the speculative steam out of over-heated global rice markets, as we reported towards the end of last week (see "Rice Prices Fall After Congressional Hearings But Crisis Not Over Yet"), so with some sales now officially confirmed we can hope to see further easing of speculative pressures.