Dollar & Sense: The Brookings Trade Podcast

Suzanne Maloney, vice president and director of Foreign Policy at Brookings, speaks with David Dollar about what the continuing demonstrations in Iran over the death of Mahsa Amini could mean for regime stability, plus Iran's economic situation, the prospects of Iran returning to some form of a nuclear deal with the West, and what it would take for the U.S. and Iran to have a better relationship....

Don Kohn, senior fellow in Economic Studies at Brookings, discusses inflation trends in the U.S. and abroad, the Federal Reserve's actions to address rising costs, and inflationary expectations among consumers and businesses. Show notes and transcript:  https://bit.ly/3xw40Pj   Dollar & Sense is part of the Brookings Podcast Network. Learn more at brookings.edu/podcasts, and send feedback to podca...

Sanjay Patnaik, director of the Center on Regulation and Markets at Brookings, discusses his new report on the benefits of a U.S.-EU free trade agreement, building on the Transatlantic Trade and Investment Partnership negotiated by the Obama administration but scuttled by President Trump. Show notes and transcript:  https://brook.gs/3KFzKa0   Dollar & Sense is part of the Brookings Podcast Network...

David Victor, a professor of innovation and public policy at the School of Global Policy and Strategy at UC San Diego and nonresident senior fellow at Brookings, joins David Dollar to discuss "Fixing the Climate: Strategies for an Uncertain World," a new book he coauthored with Charles Sabel. Victor explains why global climate diplomacy and treaties that prescribe top-down solutions to climate cha...

Adie Tomer, senior fellow in Brookings Metro, unpacks three significant pieces of legislation either passed by or pending in Congress—the 2021 infrastructure measure, the CHIPS Act, and the Inflation Reduction Act—and their impact on infrastructure, innovation, and U.S. competitiveness on the global stage. Show notes and transcript:  https://brook.gs/3vGTHqE   Dollar & Sense is part of the Brookin...

Darrell West, vice president and director of Governance Studies at Brookings, discusses his new report, "Six ways to improve global supply chains." In the conversation, West and host David Dollar discuss the recommendations for addressing recent snarls in supply chains resulting from the COVID-19 pandemic, the Ukraine war, and the trade conflict between the U.S. and China. Show notes and transcrip...

Douglas Rediker, founding partner of International Capital Strategies and a nonresident senior fellow at Brookings, discusses a range of global economic challenges that G7 leaders tackled in their recent summit in Germany. These include a U.S. proposal to cap the price of Russian energy exports (and why Rediker is skeptical about it); Russia's default on sovereign debt and the risk of debt default...

In France's recent parliamentary elections, President Emmanuel Macron's centrist party lost its National Assembly majority, while a leftist alliance of parties and Marine Le Pen's far-right party made significant gains. Célia Belin, interim director of the Center on the United States and Europe at Brookings, discusses how these results happened after Macron's victory in the presidential contest, w...

Douglas Irwin, a professor at Dartmouth College and expert in the history of trade policy, talks with host David Dollar about some of the key events in trade liberalization in developing countries. From Taiwan to South Korea, and from Vietnam to some countries in Latin America and Africa, Irwin shares insights on how certain developing countries shifted to an export-strategy in the decades followi...

President Biden recently completed his first trip to Asia, during which he launched Indo-Pacific Economic Framework for Prosperity with a dozen partners in the region. On this episode, David Dollar speaks with retired U.S. diplomat Susan Thornton about the pillars of the new framework, its relationship to existing trade relationships like CPTPP, RCEP, and ASEAN, and what incentives nations in the...

Molly Kinder, a fellow in Brookings Metro, discusses with host David Dollar her new report, "Profits and the pandemic" (co-authored with Katie Bach and Laura Stateler), which examines pay practices and financial outcomes during the pandemic-era of 22 of the nation's largest companies. Kinder notes that most of the large companies enjoyed record financial gains during the pandemic, and that while a...

Former Australia Prime Minister Kevin Rudd, now president of Asia Society, discusses his new book, "The Avoidable War: The Dangers of a Catastrophic Conflict between the US and Xi Jinping's China" (Public Affairs, 2022). Rudd calls Taiwan the "core strategic tension" between China and the United States, discusses how the U.S. and China can manage strategic competition, looks at trade issues in the...

Arvind Subramanian, senior fellow at Brown University's Watson Institute and Center for Contemporary South Asia, and former chief economic advisor to the Government of India, talks with host David Dollar about a range of trade and foreign relations issues India faces. In particular, he explains why globalization is shifting in India's favor rather than China's, how India views trade relations with...

Samantha Gross, director of the Energy Security and Climate Initiative at Brookings, talks with host David Dollar about the Ukraine war's impact on energy prices. Gross explains the impact Russia's war on Ukraine is having on natural gas supplies and prices, oil markets, and whether the U.S. should increase natural gas exports to Europe. Show notes and transcript:  https://brook.gs/3J7eaZW   Dolla...

Indermit Gill, vice president for equitable growth, finance, and institutions at the World Bank and a Brookings nonresident senior fellow, talks with host David Dollar about how economic growth in developing countries has been affected by COVID and now the war in Ukraine. Gill explains that pre-existing vulnerabilities in developing countries and potential disruptions in energy, food, and commodit...

Douglas Rediker, a nonresident senior fellow in the Global Economy and Development program at Brookings and in the Center on the United States and Europe, talks with David Dollar about sanctions imposed on Russia for its invasion of Ukraine by the United States, Europe, and other nations. Rediker addresses a number of issues, including whether cutting Russian banks off SWIFT will make any differen...

Vanda Felbab-Brown, senior fellow in Foreign Policy and director of the Initiative on Nonstate Actors at Brookings, joins David Dollar to talk about her research on illicit economies—including drug trafficking (fentanyl, meth, precursors) and wildlife trafficking—in China, Mexico, and elsewhere. Show notes and transcript:  https://brook.gs/3JE9PxF   Dollar & Sense is part of the Brookings Podcast...

Donald Kohn, senior fellow in Economic Studies at Brookings and a former vice chair of the Federal Reserve Board, joins David Dollar to explore a range of issues on inflation in the U.S., including how the COVID-19 pandemic and the macro response to it have contributed to inflation, the role of monetary and fiscal policy in addressing it, and how inflation affects trade and exchange rates. They en...

Listening for America, a non-profit, non-partisan organization, recently released a report on what Americans from all walks of life really think about international trade and globalization. To discuss the report and its findings, host David Dollar is joined by Listening for America president Catherine Novelli, who has served in numerous trade policy roles in government and in the private sector. S...

Peter Petri, a professor at Brandeis International Business School and a nonresident senior fellow in the John L. Thornton China Center at Brookings, joins David Dollar to discuss recent developments in Asian trade agreements and to look at regional trade issues in 2022. These include CPTPP—the Comprehensive and Progressive Agreement for Trans-Pacific Partnership—and RCEP, the Regional Comprehensi...

Gian Maria Milesi-Ferretti, senior fellow with the Hutchins Center on Fiscal and Monetary Policy, joins David Dollar to discuss his recent article on what he calls a "most unusual recovery" in the U.S. from the pandemic recession. Milesi-Ferretti analyzes U.S. GDP compared other G7 countries, and explores salient issues including exports and imports, private and government consumption, and consume...

Mireya Solís, director of the Center for East Asia Policy Studies at Brookings, joins David Dollar for a conversation on reforming and modernizing the World Trade Organization so that it can meet today's challenges, which include response to the pandemic, shoring up global supply chains, increasing living standards, and environmental sustainability. Solís highlights erosion in the WTO's three cent...

Eswar Prasad, Brookings senior fellow and a professor at Cornell University, joins host David Dollar to discuss the state of China's economy and U.S.-China relations. Prasad addresses a range of issues, including why China's economy is slowing, whether China's currency might be used as an international reserve currency, and what happened at the recent online summit between President Joe Biden and...

As the global climate change conference (COP26) continues in Glasgow, climate expert David Victor joins host David Dollar to talk about what's been happening in Scotland and whether it will be viewed as a success. Victor, a professor of innovation and public policy at UC San Diego and co-director of the university's Deep Decarbonization Initiative, discusses a range of issues, including whether co...

Brookings Senior Fellow Vanda Felbab-Brown joins David Dollar to discuss the threat of biodiversity loss worldwide. Felbab-Brown explains the ominous trends in habitat and species loss—including the spread of illegal wildlife trafficking, the contributing role of human activity, and the compounding effects of climate change—and why the recent UN Biodiversity Conference in Kunming, China, was "unde...