scholarly journals Trump’s Trade Revolution

The Forum ◽  
2020 ◽  
Vol 17 (4) ◽  
pp. 523-548
Author(s):  
Michael Mastanduno
Keyword(s):  
Trade Policy ◽  
Policy Process ◽  
World Economy ◽  
Global Management ◽  
Domestic Trade ◽  
Long Run ◽  
The Us ◽  
Post War ◽  
Trump Administration

AbstractThe Trump administration has reversed a 70-year consensus and transformed both the substance of trade policy and the postwar role the US has played in its global management. It has also reconfigured the role of the president in the domestic trade policy process. Armed with the power and influence the US amassed during its long run as leader of the post-war liberal world economy, the Trump administration has used trade as its principle coercive weapon in foreign policy. It has achieved some success, albeit at high diplomatic cost and by putting at risk America’s long-standing structural advantages in the world economy. Given that domestic discontent with the liberal world economy has increased significantly, it is likely that the core aspects of Trump’s trade revolution will endure, even if subsequent administrations soften Trump’s provocative execution of it.

The Role of Technological Change in the Long-run Global Economy Forecasting

2013 ◽  
pp. 97-116 ◽  
Author(s):  
A. Apokin
Keyword(s):  
Technological Change ◽  
Data Quality ◽  
Long Range ◽  
Global Economy ◽  
World Economy ◽  
Qualitative Approaches ◽  
Long Run ◽  
The World ◽  
National Economies

The author compares several quantitative and qualitative approaches to forecasting to find appropriate methods to incorporate technological change in long-range forecasts of the world economy. A?number of long-run forecasts (with horizons over 10 years) for the world economy and national economies is reviewed to outline advantages and drawbacks for different ways to account for technological change. Various approaches based on their sensitivity to data quality and robustness to model misspecifications are compared and recommendations are offered on the choice of appropriate technique in long-run forecasts of the world economy in the presence of technological change.

Daily Life of the American Embassy in Czechoslovakia in 1945—1948

Istoriya ◽  
2021 ◽  
Vol 12 (6 (104)) ◽  
pp. 0
Author(s):  
Valery Yungblyud
Keyword(s):  
Cold War ◽  
Central Europe ◽  
Daily Life ◽  
Primary Sources ◽  
Economic Recovery ◽  
The Us ◽  
Post War ◽  
The Cold War ◽  
Leadership Interactions

The article is devoted to the study of various aspects of daily life of the US Embassy in Czechoslovakia in 1945—1948. The author considers the main areas of its work, major problems and difficulties that American diplomats had to overcome being in difficult conditions of the post-war economic recovery and international tension growth. Special attention is paid to the role of Ambassador L. A. Steinhardt, his methods of leadership, interactions with subordinates, with the Czechoslovak authorities and the State Department. This allows to reveal some new aspects of American diplomacy functioning, as well as to identify poorly explored factors that influenced American politics in Central Europe during the years when the Cold War was brewing and tensions between Moscow and Washington were rising. The article is based on unpublished primary sources from the American archives.

scholarly journals FEATURES OF GLOBAL INVESTMENT POLICY: MODERN TRENDS AND PROSPECTS

2019 ◽  
pp. 142-148
Author(s):  
Larisa Germanovna Chuvakhina
Keyword(s):  
Foreign Direct Investment ◽  
Foreign Investment ◽  
Direct Investment ◽  
World Economy ◽  
International Investment ◽  
Investment Policy ◽  
Investment Promotion ◽  
The Us ◽  
The World

The article highlights the current problems of investments in the development of the world economy, when international investment needs are significantly high. The priority is given to the issues of investment resources for achieving the goals of sustainable development of the world economy. It has been stated that for creating the effective economic policy, the countries need to attract foreign investment. The current trends in the development of global market for foreign direct investment flows are examined. The flows of global foreign direct investment in 2017-2018 are analyzed. Special attention is given to the study of the US investment policy. The reduction in US investments into the Russian economy in terms of the sanctions policy against Russia is marked. The changes in the investment policy of the administration of D. Trump in terms of strengthening American protectionism are underlined. The issues of US-EU investment cooperation are considered. The role of the US Federal Reserve in regulating the activities of foreign companies in the US market is defined. The main decisions taken at the X World Investment Forum of the United Nations Conference on Trade and Development in October, 2018 are considered. The role of investment promotion agencies is defined as one of the tools to attract foreign investments into the country's economy. The decrease in the level of international investment and increased competition between countries for attracting foreign investment is stated. The study confirms that the investment attractiveness of the country, stability of the national financial system, and legal security of business play a decisive role in attracting foreign direct investment.

scholarly journals Educational Exchanges in Public Diplomacy: Russian and International Experience

2014 ◽  
pp. 56-62
Author(s):  
A. Dolinkiy
Keyword(s):  
Foreign Policy ◽  
Public Diplomacy ◽  
Policy Instruments ◽  
Use Of Resources ◽  
The Us ◽  
Peace Settlement ◽  
Post War ◽  
The Cold War ◽  
Modern Technologies

Education exchanges are a key element of public diplomacy for most countries that considered effective in that domain of foreign policy activities. Education exchanges are attributed an important role in the post-war peace settlement between Germany and France and in determining the outcome of the Cold war. Relevant aspects of public diplomacy remain key elements of foreign policy instruments of the US, Germany and many other countries. Russia has been increasingly active in public diplomacy in the past decade and the role of education exchanges has been increasing which is also demonstrated by a growing number of expert publications on the subject. However the strategy, the quality of organization and the use of modern technologies remain at a relatively low level which leads to an inefficient use of resources. Priority issues that can be a core of Russia's public diplomacy (and foreign policy in general). Moreover, systemic work would be required to evaluate efficiency of current and complete projects which would allow determine effectiveness of programs and appropriateness of resources used. Education exchanges need to be targeted at both bringing international students to Russia and assisting Russian students to study internationally and professors to teach abroad. Finally, international best practices show that there is a need to maintain connections with international exchanges alumni and assist them to maintain connections with each other including with the use of modern technologies.

scholarly journals The Global Diffusion of Ideas

Econometrica ◽  
2020 ◽  
Vol 88 (1) ◽  
pp. 83-114 ◽  
Author(s):  
Francisco J. Buera ◽  
Ezra Oberfield
Keyword(s):  
Bilateral Trade ◽  
Scale Parameters ◽  
Long Run ◽  
Innovation And Technology ◽  
New Ideas ◽  
Asymmetric Countries ◽  
Innovation And Diffusion ◽  
Post War ◽  
And Diffusion

We provide a tractable, quantitatively‐oriented theory of innovation and technology diffusion to explore the role of international trade in the process of development. We model innovation and diffusion as a process involving the combination of new ideas with insights from other industries or countries. We provide conditions under which each country's equilibrium frontier of knowledge converges to a Fréchet distribution, and derive a system of differential equations describing the evolution of the scale parameters of these distributions, that is, countries' stocks of knowledge. The model remains tractable with many asymmetric countries and generates a rich set of predictions about how the level and composition of trade affect countries' frontiers of knowledge. We use the framework to quantify the contribution of bilateral trade costs to long‐run changes in TFP and individual post‐war growth miracles. For our preferred calibration, we find that both gains from trade and the fraction of variation of TFP growth accounted for by changes in trade more than double relative to a model without diffusion.

US Democrats slowly nearing consensus on trade

2019 ◽  
Keyword(s):  
Trade Policy ◽  
House Of Representatives ◽  
Democratic Party ◽  
Content Type ◽  
The Us ◽  
Trump Administration

Significance Candidates ranged in their responses, from non-committal on their use of tariffs to criticism of President Donald Trump’s tariff use. The Democratic Party is in the midst of a debate about the direction of trade policy, including whether to pass the US-Mexico-Canada Agreement (USMCA) and how to conduct and prioritise trade policy should their nominee win the presidency in November 2020. Impacts The House of Representatives may vote on the USMCA in coming months. If the House does not vote on the USMCA before December 2019, the next window would likely be November-December 2020. The Trump administration will try to show progress in trade talks with China before November 2020, hoping to gain votes.

Derivatives, Money, Finance and Imperialism: A Response to Bryan and Rafferty

2013 ◽  
Vol 21 (2) ◽  
pp. 149-168 ◽  
Author(s):  
Tony Norfield
Keyword(s):  
World Economy ◽  
Financial Trading ◽  
The Us ◽  
Commodity Money ◽  
Financial Derivative ◽  
The Uk ◽  
Derivatives Markets ◽  
Relationship Of ◽  
The Relationship

Abstract This paper contributes to the debate on the role of financial derivatives for capitalism. It responds to Bryan and Rafferty’s defence of their analysis and their critique of my own. The paper argues that their analysis confuses what a financial derivative does, and mixes together different kinds of derivative – and non-derivative – that play very different roles. After detailing these points, the paper discusses the relationship between gold, money and derivatives, rejecting their notion that derivatives are some kind of new ‘commodity money’. An important theme absent from Bryan and Rafferty’s analysis is the relationship of financial trading and derivatives markets to parasitism in the imperialist world economy. To illustrate this, the paper notes advantages enjoyed by the major financial powers – the US and the UK – that are the main centres for the origination of derivatives and for derivatives trading.

scholarly journals PERAN WTO DALAM MEMBANGUN PENEGAKAN HUKUM INTERNASIONAL TERHADAP PROTEKSIONISME (STUDI KASUS: SENGKETA DAGANG ROKOK KRETEK INDONESIA)

2020 ◽  
Vol 2 (1) ◽  
Author(s):  
Farahdiba Rahma Bachtiar
Keyword(s):  
International Law ◽  
Dispute Settlement ◽  
The United States ◽  
Mutual Understanding ◽  
Trade Policies ◽  
Trade Dispute ◽  
Domestic Trade ◽  
The Us ◽  
The World

Indonesia’s objection to the United States (US) over a clove ban in 2010 was one of the most difficult trade dispute cases that Indonesia has ever submitted. The dispute between both countries in the clove cigarettes negotiations was actually completed in 2014 after the two countries agreed on mutual understanding (MoU) related to cigarettes. Indonesia's victory over the Dispute Settlement Body (DSB) by the World Trade Organization (WTO) shows the enforcement of international law in intervening in a country's domestic policies.Although it took great deal of time, Indonesia's victory over US becomes a lesson learned. This victory proves the role of the WTO in resolving trade dispute cases and refutes the notion of a superpower in particular the US being immune to the international law. US domestic trade policies that impose a ban on clove cigarettes have deviated from WTO rules and have harmed Indonesia as a producer

scholarly journals Priorities and Implementation of US Foreign Policy by the D. Trump Administration

2021 ◽  
Vol 7 (5) ◽  
pp. 509-520
Keyword(s):  
United States ◽  
Foreign Policy ◽  
The United States ◽  
Us Foreign Policy ◽  
Strategic Culture ◽  
State Institutions ◽  
Policy Ideas ◽  
The Us ◽  
Trump Administration

The article analyzes the phenomenon of the foreign policy presidency of D. Trump. Based on the approach of neorealism theory to the analysis of foreign policy, it is pointed to the significance of four variables in implementing foreign policy: the peculiarities of the perception by the heads of foreign policy, the strategic culture of the United States, the relations between the state and the society, and the role of domestic state institutions. The author concludes that the Trump administration eliminated a number of obstacles to unilateral foreign policy, putting America first. Trump and his administration were able to coined and launch a significant number of political initiatives that were contrary to the established priorities of the US foreign policy, but not all of the declared intentions had been implemented. However, this does not mean that the administration of Joe Baden will radically revise the main foreign policy ideas of the previous administration.

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