Filtered by: Economic Policy
Monarch Discusses the Good Side of a Trade Deficit With Marketplace
Ryan Monarch tells Marketplace that a trade deficit is not necessarily a bad thing, “If you have a trade deficit, another way of saying that is that your country is a place in which a lot of other countries really want to invest, where they want to put their money into.”
See related: Economic Policy, International Affairs, Trade, United States
Mitra Speaks With Turbulence Podcast About Tariffs, Global Trade and India
Devashish Mitra, Gerald B. and Daphna Cramer Professor of Global Affairs, argues that tariffs can't do what they promise: trade balances are governed by macroeconomics, not trade policy, and the cost of a tariff falls largely on the country that imposes it.
See related: Government, India, International Affairs, Tariffs, Trade, United States
McDowell Research Cited in Bloomberg Article on US Dollar Dominance
“The role of politics in shaping the global currency hierarchy is seen as secondary to…baseline economic fundamentals,” wrote Daniel McDowell, professor of political science, for the Atlantic Council’s Geoeconomics Center. But that’s changing. “In the great global currency debate, market forces have never been more passé and political forces have never been so prominent.”
See related: Economic Policy, Federal Government, International Affairs, United States
Elgar Encyclopedia of International Trade
Devashish Mitra, professor of economics and Gerald B. and Daphna Cramer Professor of Global Affairs, has co-edited a new reference work, Elgar Encyclopedia of International Trade (Edward Elgar Publishing, 2026), with Priyaranjan Jha, professor of economics at the University of California, Irvine. The volume is part of the Elgar Encyclopedias in Economics and Finance series.
See related: Economic Policy, International Affairs, Trade
Heflin Discusses SNAP Payment Errors in Newsweek Article
Colleen Heflin, professor of public administration and international affairs, says it is important to note that “since a large portion of these errors are outside the control of the agencies [because they have to work with the information that clients provide], it will be difficult to bring down these errors without needlessly burdening all SNAP recipients.”
See related: Economic Policy, Federal Government, Food Security, Nutrition, United States
Reeher Talks to The Center Square About New Poll Showing Disapproval of Pres. Trump on Economy
Grant Reeher, professor of political science, argues Pres. Trump's declining approval ratings on the economy are about more than just the recent economic impact of the war with Iran, saying it is "the cumulative effect of a host of policies that have not enjoyed widespread support, combined with rhetoric that has turned a lot of people off."
See related: Economic Policy, United States
Taming the Careerists: The Politics of Foreign Policy Implementation
Minju Kim, assistant professor of political science, has written Taming the Careerists: The Politics of Foreign Policy Implementation (Cambridge University Press, 2026). The book asks how the design of employment contracts, specifically, the features that strengthen or weaken job protections, shapes bureaucratic behavior and, in turn, American foreign policy.
See related: Economic Policy, Federal Government, Foreign Policy, International Affairs, Labor
The Effect of Export Market Access on Labor Market Power: Firm-Level Evidence From Vietnam
The article, co-authored by Professor of Economics Devashish Mitra, was published in the Journal of Development Economics.
See related: Gender and Sex, International Agreements, Labor, Southeast Asia, Tariffs, Trade
Gadarian Speaks With ABC News About California’s Proposed Billionaire Tax
“Even if you don't win this time, now people are at least talking about the possibility of a billionaire tax,” says Shana Gadarian, Merle Goldberg Fabian Professor of Excellence in Citizenship and Critical Thinking. “That seems pretty strategic to me.”
See related: State & Local Government, Taxation, United States
Sultana Featured in Financial Times Documentary on Oil Frontiers and Energy Security
“We have a distorted global economic system that rewards fossil fuel extraction, that rewards fossil fuel dependency. And as a result, it is harder for smaller countries that are worried about their own energy security, their own economic security, their own social social development to forgo an oil discovery,” says Farhana Sultana, professor of geography and the environment.
McDowell Warns of Risks in Using Swap Lines as Geopolitical Tool in Bloomberg Explainer Article
Daniel McDowell tells Bloomberg that the U.S. Treasury using swap lines as a geopolitical instrument with foreign governments could undermine global confidence in the dollar.
See related: Economic Policy, International Affairs, United States
Maxwell Experts Weigh a Year of Tariff Turbulence
Hosted by the Moynihan Institute, the cross-disciplinary panel discussed the impact on consumers, supply chains, global credibility and more.
See related: Federal Government, Student Experience, Tariffs, U.S. Foreign Policy
Does Crisis Lending Help China Win Friends and Influence People?
The article, co-authored by Maxwell Advisory Board Professor of International Affairs Daniel McDowell, was published in World Development.
See related: China, Economic Policy
McDowell Discusses the Petrodollar Era and Currency Debasement With DW News, Financial Times
“There is an instrumental reason to start warning people about currency debasement, even if you don’t deep down think it’s real, if you profit from this,” says Daniel McDowell, Maxwell Advisory Board Professor of International Affairs.
McDowell Speaks With Newsweek About the Economic Impact of the War in Iran
Daniel McDowell, Maxwell Advisory Board Professor of International Affairs, says he is concerned the conflict could “result in renewed attacks from the White House on the independence of the Federal Reserve. As oil prices rise and put upward pressure on prices, this makes it less likely that the Fed will cut rates, something President Trump has been demanding for his entire second presidency.”
Redistributive Land Reforms, Agricultural Productivity, and Structural Change
The article, co-authored by Professor of Economics Devashish Mitra and Associate Professor of Economics Abdulaziz Shifa, was published in the American Journal of Agricultural Economics.
See related: Agriculture, Economic Policy, Labor
Does the Work Opportunity Tax Credit Help Workers? Hamersma Discusses in Wisconsin Watch Article
“They’re [employers] not passing it along to the workers in the form of higher wages. They’re just sort of being like, ‘Awesome, I got more money,’” says Sarah Hamersma, associate professor of public administration and international affairs.
See related: Congress, Economic Policy, Income, Inequality, Labor, United States
Monarch Quoted in WGRZ Article on the Economic Impact of the Conflict in the Middle East
“It's true that there's a direct feedback into the gasoline prices that people face at the pump. But it's such an important commodity for all of the other production that goes on in our economy,” says Ryan Monarch, associate professor of economics.
See related: Economic Policy, International Affairs, Middle East & North Africa, United States
Mitra Weighs In on the US Supreme Court’s Tariff Ruling in Hindustan Times Article
“A prudent approach for India is to let uncertainties arising out of the SCOTUS ruling resolve themselves to the extent possible before finalizing the trade deal,” says Devashish Mitra, Gerald B. and Daphna Cramer Professor of Global Affairs.
See related: Federal Government, India, International Affairs, International Agreements, SCOTUS, Tariffs, Trade, United States
Rising Waters, Falling Taxes: The Impact of Hurricane Sandy on Property Tax Assessments in NYC
Co-authored by Yilin Hou, professor of public administration and international affairs, the study was published in the Journal of Environmental Economics and Management.
See related: Housing, Natural Disasters, New York City, State & Local Government, Taxation