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1. Trading the Global Future Part III: Bad Consequences

Author:
Dan Steinbock
Publication Date:
09-2018
Content Type:
Special Report
Institution:
Georgetown Journal of International Affairs
Abstract:
The Trump administration’s ‘America First’ policies come at a critical time in the global economy. These bad policies will have adverse consequences in international trade. In the absence of countervailing forces, they could unsettle the post-2008 global recovery and undermine postwar globalization.
Topic:
Globalization, International Trade and Finance, Economy, and Tariffs
Political Geography:
China, Asia, North America, and United States of America

2. The Rise of Petroyuan

Author:
Dan Steinbock
Publication Date:
01-2018
Content Type:
Special Report
Institution:
Georgetown Journal of International Affairs
Abstract:
In the late 20th century, U.S. petrodollar dominated the world economy. In the 21st century, we are witnessing the rise of the Chinese petroyuan. This ascent could speed up the erosion of the dollar’s dominance after a century of power. The U.S. dollar still accounts for 39% of international payments – more than the euro (33%), English pound (7%), Japanese yen (3%) and Chinese yuan (28%) – but times are changing.
Topic:
Oil, History, Natural Resources, Economy, and Currency
Political Geography:
China, Asia, North America, and United States of America