The Economic Consequences of Mr Trump and Mr Biden

IF 1 4区经济学 Q3 ECONOMICS

Australian Economic Review Pub Date : 2023-11-30 DOI:10.1111/1467-8462.12533

Ross Garnaut

引用次数: 0

Abstract

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?

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特朗普和拜登的经济后果

马克斯·科登和罗斯·加诺特于2018年在本刊发表了《特朗普的经济后果》。本文对照这篇文章考察了美国经济中发生的事情。报告指出，从特朗普总统任期到拜登总统任期，预算和贸易政策都保持了连续性。在宏观财政和贸易政策保持连续性的同时，财政扩张的重点发生了重大变化:拜登大力支持去碳化。这篇文章将马克斯•科登(Max Corden)的国际经济学方法应用于以下问题:澳大利亚是否应该效仿拜登的预算、保护和脱碳政策组合?

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Australian Economic Review ECONOMICS-

CiteScore

1.90

自引率

10.00%

发文量

期刊介绍： An applied economics journal with a strong policy orientation, The Australian Economic Review publishes high-quality articles applying economic analysis to a wide range of macroeconomic and microeconomic topics relevant to both economic and social policy issues. Produced by the Melbourne Institute of Applied Economic and Social Research, it is the leading journal of its kind in Australia and the Asia-Pacific region. While it is of special interest to Australian academics, students, policy makers, and others interested in the Australian economy, the journal also considers matters of international interest.