76 – Caroline Freund on the Decline in Global Trade and Trump’s Trade Policy

Caroline Freund is a senior fellow at the Peterson Institute for International Economics (PIIE). Previously, she served as the chief economist for the Middle East and North Africa at the World Bank. She joins the show to discuss her career in trade policy and her work on the slowdown in global trade since the Great Recession. Finally, she also shares her thought on President Trump’s trade policies. David’s blog: macromarketmusings.blogspot.com/ Macro Musings podcast site: macromusings.com David’s Twitter: @DavidBeckworth Caroline’s PIIE profile: https://piie.com/experts/senior-research-staff/caroline-freund?author_id=906 Caroline’s Bloomberg archive: https://www.bloomberg.com/view/contributors/AQnL_eq2K8M/caroline-freund Caroline’s Twitter: @CarolineFreund Related links: *Rich People, Poor Countries: The Rise of Emerging-Market Tycoons and Their Mega Firms* by Caroline Freund (assisted by Sarah Oliver) https://piie.com/bookstore/rich-people-poor-countries-rise-emerging-market-tycoons-and-their-mega-firms “The Global Trade Slowdown and Secular Stagnation” by Caroline Freund https://piie.com/blogs/trade-investment-policy-watch/global-trade-slowdown-and-secular-stagnation “Invest in minds, not miners” by Caroline Freund and Christine McDaniel https://www.bloomberg.com/view/articles/2017-07-06/the-u-s-needs-to-invest-in-minds-not-miners “U.S. Needs Trade Deals, Not ‘Remedies’” by Caroline Freund https://www.bloomberg.com/view/articles/2017-08-14/u-s-needs-china-trade-deals-not-remedies “The China Shock: Learning from Labor Market Adjustment to Large Changes in Trade” by David H. Autor, David Dorn, and Gordon H. Hanson http://www.nber.org/papers/w21906 "Trump's Trade Pullout Roils Rural America" by Adam Behsudi http://www.politico.com/magazine/story/2017/08/07/trump-tpp-deal-withdrawal-trade-effects-215459