scholarly journals A TRADE WAR BETWEEN CHINA AND THE USA: WHAT WILL HAPPEN IN THE RELATIONS OF THE USA AND CHINA IN 2020

Author(s):  
А.Т. Ibragimova ◽  

In 2018, a bipartisan consensus finally emerged in the United States, which is based on the policy of containing China in the military and technological spheres, as well as avoiding the dependence of the American economy on the PRC. The main geopolitical event of 2018-2019 was the escalation of the confrontation between the two most powerful powers of our time - the United States and China. The most notable episodes of this confrontation were the Washington-declared trade war, as well as the October speech by US Vice President Michael Pence at the Hudson Institute, which is already being compared to Churchill's Fulton speech. 2019 has become no less difficult for the relations of the two superpowers.

2021 ◽  
Vol 1 (10) ◽  
pp. 149-166
Author(s):  
Dmitry V. Gordienko ◽  

The paper examines the interests of Russia, the United States and China in the regions of the world and identifies the priorities of Russia's activities in Europe, Central Asia and the Caucasus, the Asia-Pacific region, the Arctic, Africa, the Middle East and Latin America, their comparative assessment with the interests of the United States and China. An approach to assessing the impact of possible consequences of the activities of the United States and China on the realization of Russia's interests is proposed. This makes it possible to identify the priorities of the policy of the Russian Federation in various regions of the world. The results of the analysis can be used to substantiate recommendations to the military-political leadership of our country. It is concluded that the discrepancy between the interests of the United States and China is important for the implementation of the current economic and military policy of the Russian Federation.


2020 ◽  
Vol 4 (12) ◽  
pp. 126-149
Author(s):  
D. V. GORDIENKO ◽  

The paper assesses the impact of the middle East component of the policy of the United States of America, the people's Republic of China and the Russian Federation on ensuring the national security of these countries. We propose an approach to comparing this influence, which allows us to identify the priorities of Russia's policy in the middle East and other regions of the world. The results of the work can be used to justify recommendations to the military and political leadership of our country. It is concluded that the middle East component of the policy of the United States, China and Russia is gaining a significant role in the implementation of the current economic and military policies of the countries of the middle East region.


2020 ◽  
pp. 1-30
Author(s):  
Lance Taylor

A “global saving glut” was invented by Ben Bernanke in 2005 as a label for positive net lending (imports exceeding exports) to the American economy by the rest of the world. This trading situation had already emerged around 1980, and led to the Plaza Accord in 1985. One common explanation is based on the Mundell-Fleming IS/LM/BP model. But this model cannot be valid, since the “BP” equation is not independent of “IS.” Other champions of this saving glut hypothesis rely on loanable funds theory, which is institutionally inadequate. More plausible analyses of the persistent trade imbalance can be derived from a two-country IS/LM set-up devised by Wynne Godley, a Kaleckian description of the political economy of East Asia and the United States, and dissection of the terms of trade due to W. Arthur Lewis and Luigi Pasinetti.


2020 ◽  
pp. 0308518X2094604
Author(s):  
Wei Zhai ◽  
Zhong-Ren Peng

Home prices and rent prices in the USA have been growing steadily over the past decade. However, the COVID-19 pandemic has decimated entire sectors of the American economy, which makes the homebuying decision more intricate. We mapped multiple metrics to indicate the best place to buy a house amid COVID-19. For many counties in the central area of the USA, the price-to-rent ratio highly recommends people to buy a house, but the home prices have declined since the outbreak of COVID-19. The price-to-rent ratio and increasing home price suggest that people should not buy a home in big coastal cities under the current circumstances.


2020 ◽  
Vol 6 (12) ◽  
pp. 65-87
Author(s):  
D. V. GORDIENKO ◽  

The paper assesses the impact of the middle East component of the policy of the United States of America, the people's Republic of China and the Russian Federation on ensuring the national security of these countries. We propose an approach to comparing this influence, which allows us to identify the priorities of Russia's policy in the middle East and other regions of the world. The results of the work can be used to justify recommendations to the military and political leadership of our country. It is concluded that the middle East component of the policy of the United States, China and Russia is gaining a significant role in the implementation of the current economic and military policies of the countries of the middle East region.


2021 ◽  
Vol 1 (12) ◽  
pp. 120-139
Author(s):  
Dmitry V. Gordienko ◽  

The paper examines the interests of Russia, the United States and China in the regions of the world and identifies Russia's priorities in Europe, Central Asia and the Caucasus, the Asia-Pacific region, the Arctic, Africa, the Middle East and Latin America, as well as a comparative assessment with the interests of the United States and China. The results of the study can be used to substantiate recommendations to the military-political leadership of our country. It is concluded that the discrepancy between the interests of the United States and China with the interests of Russia is important for the implementation of the current economic and military policy of the Russian Federation.


2020 ◽  
pp. 114-136
Author(s):  
Vladimir Chernega ◽  

The article considers the views existing in France on the prospects of the European Union becoming a «political power» and the appearance in it of its own military instrument. It is noted that, in the opinion of most French politicians, experts and journalists, the EU is still far from being a full-pledged political subject. Although political and military structures are formed in it, as a kind of «embrio» of quasi statehood, and a «neo-imperial» tendency already exists in it, basically the EU is an economic and «civilian» power which must fight for influence on the international arena only with the help of «soft power». The main reason of its weakness is its internal friability, disagreements between Members States over its future. In addition, the United States, which are not interested in a new global rival, are hampering the achievement of the self-sufficiency, especially in the military-political share. NATO, controlled by the USA, can only allow the creation of a «European pillar» under its umbrella. Eastern European countries are against military integration of the EU, because they are oriented not by Brussels, but by Washington in the security field. However, the rise of China and the election of the nationalist Donald Trump as a President of the United States strengthened the trend in the EU advocating its political independence and the creation of its own «European defence». The article analyzes the initiatives and actions of French President Emmanuel Macron who personifies this trend. It is stated that, with the help of Germany, he managed to achieve certain progress both in terms of general integration and in the field of «European defence». This allowed him to speak about the formation of a «European army». But the question of whether he will be able to go further remains open. Besides the obstacles to political and military integration, which did not disappear, the coronavirus pandemic introduces its «corrections». The newly discovered split in the EU into «South» and «North» called into question its already fragile construction.


Author(s):  
S. Bai ◽  
N. Dyeyeva ◽  
T. Melnyk ◽  
K. Puhachevska

We focused our attention on the causes of the current trade war between the United States and China. The article analyzes the influence of electoral processes in the USA on the choice between free trade and protectionism. The relationship between China’s accession to the WTO, mutually beneficial cooperation with the United States, and trends in the trade balance between major trading partners have been determined. The article illustrates the main mutual claims between the United States and China, which led to the outbreak of «the largest trade war in economic history». We determined the main stages of the conduct of «military operations» and characterized the directions of the conflict escalation. The attention is focused on the losses in the trade war; the main beneficiaries from the «trade disagreements» were identified. We proposed an alternative opinion on the real consequences of the trade war for the warring parties. The article studies the impact of trade wars on world GDP and the national economies of the largest countries of the world. Attention is focused on the existence of «phantom trade» for finding the way out of sanctions and tariffs. The role of Ukrainian business in trade wars is examined in detail. We analyzed the main trade wars Ukrainian enterprises are involved in and possible results for the business. The article gives the author’s vision of the impact of the trade war on the trade balance between Ukraine and the key participants in the trade war: the United States and China. We concluded which branches of the Ukrainian industry are in priority for developing trade relations with China. The article highlights the main barriers to the development of trade with the United States and the reasons for the decline in the export of Ukrainian goods. We predicted how the improvement in relations between the United States and China will affect the role of Ukrainian business in the context of world trade wars.


Author(s):  
E. S. Sadovaya

The article analyzes the achievements and problems, which US President Donald Trump encountered during the implementation of his election program to transform the country. Author consider these subjects in the broad context of the transformation of the modern world order and the change in the narratives of global geopolitics. The author emphasizes that the United States is committed to the re-industrialization and nationalization of the American economy in the context of the coronavirus pandemic and the general global uncertainty of the prospects for world development. Main components of such politics are the struggle for jobs for Americans and competition for highly skilled labor in the global labor market. The main topic of research is focused on migration policy is an essential component of the overall reform plan. Taking into account that until recently the USA was the largest economy in the world, the author concludes that the US migration policy has a multifaceted global impact on the international labor market, since the USA is the main importer of labor. The main factors that have a decisive influence on the effectiveness of the implementation of the declared course are the features of the functioning of the American labor market (including the high cost of local labor and the lack of qualified personnel in a number of sectors of the American economy). Analyzing the effect of these factors, the author notes their contradictory effect on the country's economy and concludes that the measures taken are insufficient due to the situation of tough confrontation between the main political forces in modern America. The author claims that the growing global competition for highly qualified personnel will remain one of the main trends of the upcoming era. The aim of the work is conceptualization of approaches to the study of migration processes in the conditions of the technological transformation of the modern world and the interpretation of international experience in the reform of migration policies.


Author(s):  
M.S. Batagaeva ◽  
◽  
A.D. Rakhimova ◽  

The paper evaluated the impact of the of the trade war between China and the United States on the Russian economy. The main spheres of the Russian economy affected by the international conflict are highlighted and the impact on them is assessed.


Sign in / Sign up

Export Citation Format

Share Document