Maxwell School News and Commentary
Filtered by: Economic Policy
McDowell Contributes Chapter to Atlantic Council Report on Economic Statecraft
Daniel McDowell, associate professor of political science, authored "New era of financial sanctions: Adapting to de-dollarization," as part of the Atlantic Council report, "The US, EU, and UK need a shared approach to economic statecraft. Here’s where to start."
See related: Economic Policy, Europe, Global Governance, International Affairs, United States
McDowell Discusses BRICS, the Dollar and Risks to US Global Power in Financial Times, Foreign Policy
Talk of a BRICS common currency is “really a reflection of a desire among some segments of the world to have some counterweight to the U.S., the U.S. economy, the dollar,” says Daniel McDowell, associate professor of political science. But “I think most of this is just in fantasy land, because I don’t see any world in which it is really going to emerge in the way some people might hope.”
Sanctions: Greater Congressional Oversight Needed for Costly, Ineffective "Go-To" Policy
"Sanctions: Greater Congressional Oversight Needed for Costly, Ineffective "Go-To" Policy," co-authored by Kristen Patel, Donald P. and Margaret Curry Gregg Professor of Practice in Korean and East Asian Affairs, was published in the Syracuse Law Review.
See related: Economic Policy, Government, U.S. Foreign Policy, United States
Daniel McDowell Testifies Before Congressional Subcommittee, Joins Atlantic Council
The Maxwell School associate professor of political science has been sought for the expertise he shared in his recent book, ‘Bucking the Buck.’
See related: Economic Policy, International Affairs, Promotions & Appointments
McDowell Discusses How Geoeconomics Impacts Central Bank Reserve Managers in OMFIF Article
"After 9/11, the U.S. Treasury recognised that global dollar dominance gave Washington control over the critical plumbing of global finance. A new breed of financial sanctions emerged which could precisely cut individual targets—terrorists, foreign government officials, state institutions, firms—off from the dollar system. ‘Smart’ financial sanctions revolutionised economic warfare," writes Daniel McDowell, associate professor of political science.
See related: Economic Policy, Government, International Affairs, United States
Farhana Sultana Addresses European Parliament
The Maxwell School professor participated in a conference on climate and sustainability.
Burman Cited in The Hill Article on Debt Ceiling Brinkmanship
“Because the consequences are so dire, this high-stakes game of debt-limit chicken always ends the same way: Congress raises the borrowing cap just before calamity strikes. The theater does little more than waste money and generate a lot of breathless commentary,” Leonard Burman, professor emeritus of public administration and international affairs, wrote in a 2021 analysis.
See related: Congress, Economic Policy, Federal, United States
McDowell Weighs In on Washington’s Weaponization of the US Dollar in Bloomberg Article
To ensure long-term efficacy, sanctions are often better left as a threat and not actually carried out, says Daniel McDowell, associate professor of political science.
See related: Economic Policy, International Affairs, United States
McDowell Talks to Foreign Policy About De-Dollarization
“To me, de-dollarization just means a government’s ability to reduce its dependence or reliance on the dollar,” says Daniel McDowell, associate professor of political science. “I think the key thing here is to try to distinguish or separate the concept of de-dollarization from the end of dollar dominance. I don’t think those two things have to go together.”
See related: China, Economic Policy, Government, International Affairs
Moving Policies Toward Racial and Ethnic Equality: The Case of SNAP
"Moving policies toward racial and ethnic equality: The case of the supplemental nutrition assistance program," co-authored by economists Alfonso Flores-Lagunes and Hugo Jales, was published in the American Journal of Agricultural Economics.
See related: Economic Policy, Food Security, Race & Ethnicity, United States