Showing results 1 - 10 of 217
November 2020. GrowthPolicy’s Devjani Roy interviewed Joseph S. Nye, Jr., University Distinguished Service Professor, Emeritus and former Dean of Harvard Kennedy School, on the long-term geopolitical impact of COVID-19, morality and the U.S. Presidency, and the role of soft power in U.S. foreign policy. |…
| Lawrence H. Summers
Trump is missing the big picture on the economy. Lawrence Summers, March 24, 2020, Opinion, "As an economist, I am normally enthusiastic when presidents or other political leaders emphasize the economic aspect of public policy issues. I am all for economic growth, cost benefit analyses, trade agreements, more flexible markets and prudent deregulation. Yet I am appalled by President Trump’s invocation of economic arguments as a basis for…
| John Ruggie
The Paradox of Corporate Globalization: Disembedding and Reembedding Governing Norms. John Ruggie, 2020, Paper, "The political economy of the post-World War II West was shaped by normative understandings and institutional arrangements that scholars describe as embedded liberalism. It coupled governments’ commitments to progressively liberalize trade as well as establish free and stable exchange rates with maintaining adequate domestic policy…
| Jeffrey Frankel
February 26, 2020, Opinion: "At the start of this year, things seemed to be looking up for the global economy. True, growth had slowed a bit in 2019: from 2.9% to 2.3% in the US and from 3.6% to 2.9% globally. Still, there had been no recession and as recently as January, the International Monetary Fund projected a global growth rebound in 2020. The new coronavirus, Covid-19, has changed all of that."
| Gordon Hanson
February 5, 2020, Paper, "The trade war has received an enormous amount of attention. Its impacts today have been limited because the U.S. and China have been a bit restrained. Lots of firms have gotten exceptions to these tariffs and there have been lots of delays in their full implementation. It’s also been the case that U.S. firms have been delaying making adjustments to their global value chains. What has been striking is that the impact of…
| Ricardo Hausmann | Miguel Santos
December 2019, Paper, "Jordan faces a number of pressing economic challenges: low growth, high unemployment, rising debt levels, and continued vulnerability to regional shocks. After a decade of fast economic growth, the economy decelerated with the Global Financial Crisis of 2008-09. From then onwards, various external shocks have thrown its economy out of balance and prolonged the slowdown for over a decade now. Conflicts in neighboring…
| Robert Stavins
November 2019, Paper, "There is widespread agreement among economists – and a diverse set of other policy analysts – that, at least in the long run, an economy-wide carbon-pricing system will be an essential element of any national policy that can achieve meaningful reductions of CO2 emissions costeffectively in the United States and many other countries. There is less agreement, however, among economists and others in the policy community…
| Jeffrey Frankel
November 27, 2019, Opinion, "Had governments stood still on trade policy over the last three years, the world would be a lot better off than it is now. Today, policymakers could do worse than return to the post-World War II formula of negotiating the reciprocal elimination of tariffs."
| Lawrence H. Summers
China's economic weakness could drive ‘problematic’ nationalism. Lawrence Summers, November 8, 2019 , Video, "Weakness of the Chinese economy could generate “a certain truculence in its international relations” by driving nationalism in the country and “scapegoating of foreigners”, according to economist Larry Summers. The former World Bank chief economist and senior US Treasury Department official, also said de-escalation of trade tensions…
| Dani Rodrik
How to Get Past the US-China Trade War. Dani Rodrik, November 7, 2019, Opinion, "China and the United States, like all other countries, should be able to maintain their own economic model. But international trade rules should prohibit national governments from adopting “beggar-thy-neighbor” policies that provide domestic benefits only by imposing costs on trade partners."…