In the News: Daniel McDowell
McDowell Comments on the Use of China’s Renminbi as a Global Currency in The Wire China
“China had economic motives to de-dollarize that predate sanction concerns,” says Daniel McDowell, associate professor of political science. “When the U.S. economy had a financial crisis, China ended up getting hurt. China figured, we should probably promote our own currency now.”
See related: China, Economic Policy, Government, International Affairs
McDowell Weighs in on Brazil-China Relationship in Washington Post Article
“When China and Brazil sign an agreement like this, it’s trying to put into place the infrastructure that would make it possible to use China’s currency, but that doesn’t mean that individual firms are going to choose that,” says Daniel McDowell, associate professor of political science.
See related: China, Economic Policy, International Affairs, Latin America & the Caribbean
McDowell Talks to CSIS and Hidden Forces About His New Book, ‘Bucking the Buck’
Daniel McDowell, associate professor of political science, discussed the implications of sanctions for the dollar's status, the relationship between dollar dominance and U.S. sanction capabilities, and the response of U.S. major rivals to these measures.
See related: Economic Policy, International Affairs, United States
McDowell Establishes Link Between US Financial Sanctions, Rise of Anti-Dollar Policies in New Book
Daniel McDowell, associate professor and director of undergraduate studies in political science, has written a new book, “Bucking the Buck: US Financial Sanctions and the International Backlash Against the Dollar” (Oxford University Press, 2023).
See related: Economic Policy, International Affairs, United States
McDowell Weighs in on Russia’s Increased Use of China’s Yuan in Wall Street Journal Article
While Russia’s use of the yuan doesn’t mean the end of dollar supremacy, it may usher in the beginning of a more fractured system that could ultimately blunt the U.S.’s ability to use financial sanctions as a weapon, says Daniel McDowell, associate professor of political science.
See related: China, Economic Policy, Foreign Policy, Russia
McDowell Weighs in on Countries Using Gold to Avoid Sanctions in Kitco Article
"Gold has become an attractive hedge against sanctions risk for central banks at risk of such penalties. While there are limitations to gold's usefulness compared to, say, U.S. Treasuries, its unique appeal is found in its physical form, unquestioned value, and the ability to store bars in national vaults, safe from foreign seizure," says Daniel McDowell, associate professor of political science.
See related: Economic Policy, International Affairs
McDowell Talks to BBC World News About China’s Push to Internationalize the Yuan
"It hasn't reached the potential that I think many folks thought it might have, especially given China's overall economic size and role in world trade," Daniel McDowell, associate professor of political science, tells BBC World News.
See related: China, Economic Policy
McDowell Selected as a 2022-23 Wilson China Fellow by the Wilson Center
Daniel McDowell, associate professor of political science, was selected to be a member of the 2022-23 Wilson China Fellowship class, a China-focused non-residential fellowship supporting the next generation of American scholarship on China.
See related: Awards & Honors, China
McDowell Speaks with CNN About Russia’s Gold Mining Operations in Sudan
Daniel McDowell, associate professor of political science, was quoted in the CNN article, "Russia is plundering gold in Sudan to boost Putin's war effort in Ukraine."
See related: Africa (Sub-Saharan), International Affairs, Russia
McDowell Speaks with Grid About Russia’s Gold Reserves
Daniel McDowell, associate professor of political science, was quoted in the Grid article, "Russia’s bright, shiny anti-sanctions weapon: Inside the billion-dollar business of ‘blood gold’."
See related: International Affairs, Russia
McDowell Joins Yahoo Finance Live to Discuss How the Russia-Ukraine Crisis May Impact US Dollar
Daniel McDowell, associate professor of political science, joined Yahoo Finance Live to discuss how the Russia-Ukraine war may affect the U.S. dollar's dominance and how other countries like China are looking to expand their currencies.
See related: International Affairs, Russia, Ukraine, United States
McDowell Quoted in Christian Science Monitor Article on Biden’s Handling of Russia-Ukraine Crisis
Daniel McDowell, associate professor of political science, was quoted in the Christian Science Monitor article, "Biden’s high-wire act on Ukraine."
See related: International Affairs, NATO, Russia, Ukraine
McDowell Discusses Impact of Western Sanctions on Russia in Hill Times, War on the Rocks
Daniel McDowell, associate professor of political science, reviewed the impact of Wester sanctions on Russia in The Hill Times and War on the Rocks.
See related: International Affairs, Russia, Ukraine
McDowell Discusses the Financial Sanctions Targeting Russia with Marketplace and the Washington Post
Associate Professor of Political Science Daniel McDowell discussed the financial sanctions imposed by the West on Russia with Marketplace and in his article published in the Washington Post.
See related: International Affairs, Russia, Ukraine, United States
What is Holding the Yuan Back? Xi is.
See related: China, International Affairs
Maxwell School Announces Montonna Professor, Dean’s Award Recipients
See related: Awards & Honors, Giving, Promotions & Appointments
McDowell examines the yuan's potential to challenge the dollar in World Politics Review
See related: China, Economic Policy
McDowell reviews Biden's agenda to revitalize US manufacturing in World Politics Review
See related: Federal, Trade, United States
McDowell looks at policy responses to COVID-19 economic fallout in World Politics Review
See related: COVID-19, Economic Policy, United States