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Dollar & Sense: The Brookings Trade Podcast

Latest episodes

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Sep 16, 2019 • 27min

How smart economic policy can help combat climate change

Ahead of the United Nations General Assembly and Climate Action Summit, World Resources Institute President and CEO Andrew Steer joins Senior Fellow David Dollar to discuss the steps countries are taking to address climate change and whether it's enough. Dollar and Steer focus on the economic policies that can combat rising global temperatures, including financial reforms, carbon pricing, public and private investments, and technological innovation. Subscribe to Brookings podcasts here or on Apple Podcasts, send feedback email to BCP@Brookings.edu, and follow us and tweet us at @policypodcasts on Twitter.
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Sep 3, 2019 • 22min

A back to school primer on global trade issues

At Brookings, we often benefit from the support of talented students that intern with our research and communications teams. Some of those interns return to campus this week for the start of a new school year, and before their classes begin, we took the opportunity to ask what questions they have about today's volatile trade landscape. In this episode of Dollar & Sense, Senior Fellow David Dollar answers those questions and provides an overview of the big stories in trade policy, including the U.S.-China trade war, rising tensions between South Korea and Japan, and how automation and artificial intelligence affect American jobs. Subscribe to Brookings podcasts here or on Apple Podcasts, send feedback email to BCP@Brookings.edu, and follow us and tweet us at @policypodcasts on Twitter. Dollar and Sense is a part of the Brookings Podcast Network.
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Aug 19, 2019 • 24min

France is not alone in its plan to tax tech giants

Lilian Faulhaber, a professor at the Georgetown University Law Center, joins Senior Fellow David Dollar to discuss France’s new digital services tax and the implications it will have for large American tech companies like Google, Apple, Facebook, and Amazon. While the French plan may become a point of contention at the G7 summit in Biarritz, France later this month, similar proposals are being pursued in countries across Europe. Faulhaber explains the push for a digital tax in the United Kingdom and the Organization for Economic Cooperation and Development (OECD), and the likelihood of coordinated global efforts on international tax policy and multinational tax avoidance. Subscribe to Brookings podcasts here or on Apple Podcasts, send feedback email to BCP@Brookings.edu, and follow us and tweet us at @policypodcasts on Twitter. Dollar and Sense is a part of the Brookings Podcast Network.
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Aug 6, 2019 • 7min

Is China really manipulating its currency?

Amid a turbulent week in the U.S.-China trade war, Senior Fellow David Dollar explains why the value of China’s yuan is falling and whether the U.S. Treasury Department’s designation of China as a currency manipulator is accurate. Dollar also discusses the effect that the yuan’s depreciation had on the U.S. stock market, why markets stabilized on Tuesday, and the prospects of a de-escalation of tensions.  Subscribe to Brookings podcasts here or on Apple Podcasts, send feedback email to BCP@Brookings.edu, and follow us and tweet us at @policypodcasts on Twitter. Dollar and Sense is a part of the Brookings Podcast Network.
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Aug 2, 2019 • 24min

Where do the Democratic candidates stand on trade?

In this episode of Dollar & Sense, David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy at Brookings, joins David Dollar as they offer their reactions to this week’s primary debates and unpack the trade policies of the Democratic candidates running for president. Wessel and Dollar describe how Democrats’ positions compare to President Trump’s trade policies, with a focus on Senators Warren and Sanders.  They also discuss whether embracing free trade or protectionist policies will be more politically viable, the effect President Trump’s tariffs have had on the U.S. economy, and the Federal Reserve’s recent decision to cut interest rates for the first time in over ten years. Subscribe to Brookings podcasts here or on Apple Podcasts, send feedback email to BCP@Brookings.edu, and follow us and tweet us at @policypodcasts on Twitter. Dollar and Sense is a part of the Brookings Podcast Network.
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Jul 22, 2019 • 26min

The geography of prosperity: How to help the areas lagging behind

Jay Shambaugh, a senior fellow at Brookings and director of the Hamilton Project, joins David Dollar to discuss why economic prosperity is concentrated in certain regions of the United States while other areas are left behind. Their conversation draws from “Place-based policies for shared economic growth,” a recent book from the Hamilton Project that presents strategies for addressing regional inequality and explains why many previous place-based proposals have failed. Shambaugh and Dollar also unpack the significance of U.S. presidential candidates advocating for manipulating the value of the dollar to support U.S. manufacturing and whether that would help traditionally industrial areas like the old Rust Belt. Subscribe to Brookings podcasts here or on Apple Podcasts, send feedback email to BCP@Brookings.edu, and follow us and tweet us at @policypodcasts on Twitter. Dollar and Sense is a part of the Brookings Podcast Network.
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Jul 8, 2019 • 30min

Could China’s digital payment system be a model around the world?

Two Chinese companies – Alibaba and Tencent – have developed a new payment system that relies on digital wallets, smart phones, and QR codes, not on banks or bank-issued credit like the system prevalent in United States. Senior Fellow David Dollar is joined by Aaron Klein, the policy director of the Center on Regulation and Markets, to discuss the details of China’s system, whether it might become more common outside China, and the impact similar advances in financial technology could have around the world. Subscribe to Brookings podcasts here or on Apple Podcasts, send feedback email to BCP@Brookings.edu, and follow us and tweet us at @policypodcasts on Twitter. Dollar and Sense is a part of the Brookings Podcast Network.
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Jun 24, 2019 • 27min

Chinese perspectives on trade and the economic tension with the US

In this episode of Dollar & Sense, economist and professor Yiping Huang joins David Dollar to discuss the drivers of economic growth in China. Their conversation spans China’s development since its initial economic liberalization in the 1970s, the role of foreign investment in the Chinese economy, and China’s perspective on growing trade tensions with the United States. Finally, Yiping explains his view of China’s optimal strategy in navigating U.S. trade negotiations and continued reform and opening. Subscribe to Brookings podcasts here or on Apple Podcasts, send feedback email to BCP@Brookings.edu, and follow us and tweet us at @policypodcasts on Twitter. Dollar and Sense is a part of the Brookings Podcast Network.
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Jun 10, 2019 • 28min

Former USTR Charlene Barshefsky on the obstacles to a US-China trade deal

In this episode of Dollar & Sense, former United States Trade Representative Charlene Barshefsky joins David Dollar to discuss the history of the United States’ economic engagement with China. Their conversation covers China’s entry and membership in the World Trade Organization, how domestic Chinese politics have affected the country’s trade policies, and the lasting impact of the global financial crisis on U.S.-China relations. Finally, Barshefsky outlines the prospect of the two countries reaching a trade deal in the near future. Subscribe to Brookings podcasts here or on Apple Podcasts, send feedback email to BCP@Brookings.edu, and follow us and tweet us at @policypodcasts on Twitter. Dollar and Sense is a part of the Brookings Podcast Network.
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Jun 6, 2019 • 7min

What's at stake in the US-Mexico tariff dispute?

In a special episode of Dollar & Sense, Fellow Geoffrey Gertz discusses the ongoing tariff dispute between Mexico and the United States. Gertz explains the likelihood of the Trump administration imposing tariffs and the potential costs those tariffs would have for both Mexico and the U.S. Subscribe to Brookings podcasts here or on Apple Podcasts, send feedback email to BCP@Brookings.edu, and follow us and tweet us at @policypodcasts on Twitter. Dollar and Sense is a part of the Brookings Podcast Network.

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