Maxwell School News and Commentary
Filtered by: Economic Policy
Popp comments on green stimulus, economic crisis in MIT Technology Review
"What’s really important right now is getting money out quickly, and Congress can’t even do that," says David Popp, professor of public administration and international affairs. "I worry about tacking on green stimulus, or anything else that slows down the process. We can worry about financing the green transition six months from now."
See related: Climate Change, Congress, Economic Policy, United States
Lovely comments on Barr's speech on pro-China policies in Washington Post
See related: China, Economic Policy, U.S. Foreign Policy, United States
Lewis discusses taxpayer return on investment in WalletHub article
"High taxes do not guarantee good services. Low taxes do not mean unsatisfactory services," says Minchin Lewis, adjunct professor of public administration and international affairs.
See related: State & Local, Taxation, United States
Lovely speaks to Reuters, Yahoo Finance, Bloomberg about USMCA, China
"The champagne isn’t quite as fizzy as we might have expected—even under the best of circumstances—and there’s trouble coming from all sides," says Professor of Economics Mary Lovely. She adds, "this could be a trade agreement that quickly ends up in dispute and higher trade barriers."
See related: Canada, Economic Policy, International Agreements, Latin America & the Caribbean, Trade, United States
Mitra discusses what India needs to do to attract global supply chains in Economic Times
"Attracting GSCs to India is actually very hard work, without having any attractive catchphrase. There is no strategy other than considerable additional investment and effort into infrastructure and skill-building, tackling power bottlenecks, reforms in labour and land regulations and keeping protectionist forces at bay," writes Devashish Mitra, professor of economics and Gerald B. and Daphna Cramer Professor of Global Affairs.
See related: China, Economic Policy, India, International Agreements, Trade, United States
Lovely discusses Trump's Hong Kong policy in CNN article
"Walking away from situations that challenge U.S. interests, as Trump has done with Hong Kong, only to hide behind a wall of ever higher barriers, will only serve to leave China unchecked and America increasingly alone," writes Professor Mary Lovely.
See related: China, Economic Policy, Trade, United States
Tóbiás featured in WalletHub article on economic fallout from COVID-19
Áron Tóbiás, assistant professor of economics, says the most important lesson that state authorities can learn from the economic fallout of this pandemic is "the unexpected happens—better be prepared." He adds, "From a public finance perspective, state governments (and the federal government, too) might want to think about setting up more robust rainy-day funds once this crisis is over."
See related: COVID-19, Economic Policy, Federal, State & Local, United States
Lovely comments on the future of the US-China trade deal in South China Morning Post
"The priority the two sides are placing on the deal is not so much a way to repair damage as it is to not cause further damage," says Professor of Economics Mary Lovely. "If the U.S. announces the deal is dead, Trump is locked into some kind of retaliation."
See related: China, Economic Policy, Trade, United States
Mitra discusses India's need for an effective rescue plan in Economic Times
"As reviving the economy is not possible without restarting production, there needs to be a phased exit from the lockdown through extensive testing that identifies people who can go back to work with the confidence that they won’t contract the disease from others," says Devashish Mitra, Gerald B. and Daphna Cramer Professor of Global Affairs.
See related: Economic Policy, India
Lovely weighs in on US-China trade deal targets, tensions on NPR
Professor of Economics Mary Lovely says targets for exports of farm goods, factory products, and crude oil were always going to be a stretch, and that the coronavirus pandemic has made things worse.
See related: China, Economic Policy, Trade, United States