Michael Pettis
Contributor at Freelance
Senior Fellow, Carnegie Endowment. For speaking engagements, please contact me at [email protected]
Articles
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2 weeks ago |
wsj.com | Michael Pettis
Yes, but only when what threatens them is other countries’ industrial policy. A common refrain among American economists is that the U.S. shouldn’t be overly concerned with its declining share of global manufacturing. They point out that manufacturing has accounted for a shrinking portion of U.S. employment over the years and that automation rather than trade is responsible for most of the dip in employment.
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3 weeks ago |
almendron.com | Michael Pettis
The sweeping tariffs announced by U.S. President Donald Trump on April 2, along with the subsequent postponements and retaliations, have unleashed an enormous amount of global uncertainty. Much of the world’s attention is on the chaotic, short-term consequences of these policies: wild stock market fluctuations, concerns about the U.S. bond market, fears of a recession, and speculation about how different countries will negotiate or react.
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3 weeks ago |
foreignaffairs.com | Michael Pettis
The sweeping tariffs announced by U.S. President Donald Trump on April 2, along with the subsequent postponements and retaliations, have unleashed an enormous amount of global uncertainty. Much of the world’s attention is on the chaotic, short-term consequences of these policies: wild stock market fluctuations, concerns about the U.S. bond market, fears of a recession, and speculation about how different countries will negotiate or react.
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1 month ago |
ft.com | Michael Pettis
The writer is a senior associate of the Carnegie Endowment for International Peace There has been justified concern this month that the...
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1 month ago |
carnegieindia.org | Michael Pettis
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RT @ForeignAffairs: .@michaelxpettis makes the case for a new global trade agreement among economies that commit to managing their domestic…
Interesting comments from a group of Chinese economists on the need to boost the income share of Chinese households. What they still don't yet seem to be discussing is how – and to whom – the costs of this redistribution are to be allocated.
[Newsletter Update] Top Chinese economists call for fairer #income distribution & stronger support for lower-income groups. "Raising rural residents' pensions now can lift their income expectations, spur their current spending, and drive economic growth." https://t.co/1d2zqNjgxz
RT @EuroBriefing: The idea that tariffs will hurt the deficit country more than the surplus country is wishful thinking. In our latest pod…