© 2013 Te German Marshall Fund o the United States. All rights reserved.No part o this publication may be reproduced or transmitted in any orm or by any means without permission in writingrom the German Marshall Fund o the United States (GMF). Please direct inquiries to:Te German Marshall Fund o the United States1744 R Street, NWWashington, DC 20009 1 202 683 2650F 1 202 265 1662Eino@gmus.orgTis publication can be downloaded or ree atwww.gmus.org/publications.
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Te GMF Paper Series presents research on a variety o transatlantic topics by sta, ellows, and partners o the GermanMarshall Fund o the United States. Te views expressed here are those o the author and do not necessarily represent the views o GMF. Comments rom readers are welcome; reply to the mailing address above or by e-mail to email@example.com.
TeGerman Marshall Fund o the United States(GMF) strengthens transatlantic cooperation on regional, national, andglobal challenges and opportunities in the spirit o the Marshall Plan. GMF does this by supporting individuals and institu-tions working in the transatlantic sphere, by convening leaders and members o the policy and business communities,by contributing research and analysis on transatlantic topics, and by providing exchange opportunities to oster renewedcommitment to the transatlantic relationship. In addition, GMF supports a number o initiatives to strengthen democra-cies. Founded in 1972 as a non-partisan, non-prot organization through a gi rom Germany as a permanent memorial toMarshall Plan assistance, GMF maintains a strong presence on both sides o the Atlantic. In addition to its headquarters inWashington, DC, GMF has ofces in Berlin, Paris, Brussels, Belgrade, Ankara, Bucharest, Warsaw, and unis. GMF also hassmaller representations in Bratislava, urin, and Stockholm.
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Te Economic Policy Program is an initiative o GMF dedicated to promoting cooperation between the United States andEurope on domestic and international economic policies as vital instruments o global prosperity, especially or the poorand those aected by shis in the global economy. Te United States and Europe account or more than 40 percent o worldeconomic activity, close to $20 trillion in goods and services on an annual basis. Given the size and importance o thisrelationship, GMF’s Economic Policy Program seeks to ensure that the benets o globalization are distributed equitably and airly. Trough in-depth research, targeted grantmaking, strategic convening, and outreach to key policymakers and themedia, the program supports transatlantic leadership at the critical nexus o economic policy, trade, development assistance,and management o domestic sectors such as agriculture.On the cover: Market in Yaounde, Cameroon in 2011. © Jose Antonio Santiso Fernández