Chad P. Bown

Jul 26, 2023 | piie.com | Chad P. Bown

South Korea felt “betrayed” when President Joseph R. Biden Jr. signed his administration’s flagship climate legislation, the Inflation Reduction Act (IRA) of 2022, into law. This paper first shows how the Biden administration addressed Korea’s concerns about the law’s effect on its sales of electric vehicles (EVs) in the United States.

Jun 26, 2023 | piie.com | Chad P. Bown

PETERSON INSTITUTE FOR INTERNATIONAL ECONOMICSThe Peterson Institute for International Economics is an independent nonprofit, nonpartisan research organization dedicated to strengthening prosperity and human welfare in the global economy through expert analysis and practical policy solutions. LEARN MORE ABOUT PIIEADDRESS1750 Massachusetts Avenue, NWWashington, DC 20036

May 7, 2023 | podcasts.apple.com | Chad P. Bown

EVs headlined the transatlantic dispute over the Inflation Reduction Act. That feud may be over, but other conflicts remain.

May 2, 2023 | piie.com | Chad P. Bown

BodyThe Inflation Reduction Act (IRA) of 2022 provoked a transatlantic trade spat. After the law was passed, the Biden administration addressed some of the concerns raised by the European Union by writing controversial rules to implement the legislation. These regulations are expected to have complex effects that, in some instances, may offset the intended impact of other provisions in the original legislation.

Feb 12, 2023 | econofact.org | Chad P. Bown

Episode Details A central result from economic theory is that nations benefit from international trade (even as there is a recognition that not all people within a country may benefit). But recently there have been calls for the United States to restrict trade by creating incentives or rules that favor domestic production over purchases from abroad. Will these efforts ultimately strengthen or weaken the United States economy?