This paper reviews the Sino-US trade war, analyzing its background, evolution, and economic consequences on both countries and the global economy. It also explores the reshaping of supply chains and the interplay between trade and industrial policies.
Tag: Global Economy
Corporate governance in international new ventures and born global firms
Abstract International new ventures (INVs) and born globals (BGs) play a significant role in the global economy. These firms have rapidly expanded into foreign markets offering unique products and services. Despite the role such ventures play in the global economy,…
Experts Advisory: Banking Crisis Roils Markets
ALBANY, N.Y. (March 16, 2023) — The recent collapse of Silicon Valley Bank (SVB) marked the second-largest bank failure in U.S. history after Washington Mutual’s collapse in 2008. Following SVB’s takeover by the Federal Deposit Insurance Corporation (FDIC), other regional…
American University Experts Look Ahead to 2023
What: Uncertainty in the economy and a possible global recession, the quest for normalcy after the COVID-19 pandemic; the continued war in Ukraine; record numbers of migrants surging across the U.S.-Mexican border… As 2022 concludes, American University experts share their…
Women Know Global: Closing the Gender Gap in the Global Economy
Panel discussion to draw insights from women leaders of global organizations noted for driving change, influencing policy, and creating programs to close the gender gap and support women in the workforce.
No country ‘immune’ to COVID-19 economic shock, but Asian nations will bounce back faster
Study uses forty years of quarterly data to project a lengthy global recession from COVID-19 – knocking 3% off world GDP by end of next year. The manufacturing bases of China and East Asia are predicted to fare better than most Western economies.
WeChat, TikTok Ban ‘Signals U.S., Chinese Internets Drifting Apart,’ and this is Bad for the Global Economy
With the Trump administration ban of WeChat and TikTok, Research Professor Kislaya Prasad can explain why this signals “the U.S. and Chinese Internets are drifting apart” and why this “is bad for the world.” Prasad is Academic Director of the…
International political economist available to comment on Trump administration’s TikTok, WeChat ban
The Trump administration announced today that it would bar the Chinese-owned mobile apps WeChat and TikTok from U.S. app stores as of Sunday. These two popular services are used by more than 100 million people in the United States. Sarah…
New scenarios to help global finance go green
To assess climate destabilization risks, major central banks and supervisors plan to utilize a new set of climate scenarios developed by an international team of researchers.
Trade Economist Shares Recent Surprises, Uncertain Future for International Trade
Professor Alan Deardorff has been a leading expert on international trade for decades, yet even the longtime University of Michigan professor has been stunned at the developments of recent years.
Speaking with University of Virginia Darden School of Business students in Professor Peter Debaere’s “Managing International Trade and Investment” course, Deardorff, the former academic adviser of Debaere and Darden Professor Dan Murphy, shared newfound lessons on the power of the U.S. presidency and what we might learn from trade in a time of a global pandemic.
3 Questions: Financial Globalization And How Covid-19 May Shape Global Capital Markets
What can we expect across global financial markets following the COVID-19 crisis? UVA Darden Professor Marc Lipson and guest Cornell S.C. Johnson Professor Andrew Karolyi discuss international and domestic listings, financial versus real business cycles, and both short-term and long-term implications of de-risking.
Economic recovery after shutdown could take up to three years
Despite measures taken by the Austrian government, the consequences of the COVID-19 lockdown and partial suspension of global trade flows will be felt for a long time.
A New Model: Dynamics of Household Income and Consumption
What drives household consumption? Standard theories of consumer behavior may not fully account for a major driver of spending (or not spending). Professor Dan Murphy and colleagues have a new model to help us understand consumption choices and the broader effects of policymakers’ attempts to stimulate the economy.