The Economic Consequences of Mr Trump and Mr Biden

Max Corden and Ross Garnaut published ‘The Economic Consequences of Mr Trump’ in this journal in 2018. This paper examines what has transpired in the US economy against that article. It notes continuity in budget and trade policy from the Trump Presidency to the Biden Presidency. The continuity in m...

Full description

Saved in:
Bibliographic Details
Published in:Australian economic review 2023-12, Vol.56 (4), p.417-430
Main Author: Garnaut, Ross
Format: Article
Language:English
Subjects:
International economics
International finance
Presidents
Trade policy
Citations: Items that this one cites
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Max Corden and Ross Garnaut published ‘The Economic Consequences of Mr Trump’ in this journal in 2018. This paper examines what has transpired in the US economy against that article. It notes continuity in budget and trade policy from the Trump Presidency to the Biden Presidency. The continuity in macro‐fiscal and trade policies is accompanied by a significant departure in the focus of fiscal expansion: Mr Biden's strong support for decarbonisation. The article applies Max Corden's approach to international economics to the question: should Australia emulate Mr Biden's combination of budget, protection and decarbonisation policies?
ISSN:0004-9018
1467-8462
DOI:10.1111/1467-8462.12533