Biden’s New Washington Consensus in a Trumpian World

IF 0.8 Q4 ECONOMICS

ATLANTIC ECONOMIC JOURNAL Pub Date : 2025-05-20 DOI:10.1007/s11293-025-09821-7

Michael Lloyd

引用次数: 0

Abstract

In April 2023, Jake Sullivan, in a speech to the Brookings Institute, formally announced the replacement of what had become known since the1990s as the Washington Consensus with a New Washington Consensus. This paper defines and briefly describes the original Washington Consensus. It goes on to describe and discuss in detail the New Washington Consensus and its implications. Finally, the paper outlines the potential Trump approach to this specific Biden legacy, whether or not acknowledged. The broad geoeconomic and geopolitical implications of the unwinding of what is likely to transpire are explored briefly in the context of the Trump Presidency.

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拜登在特朗普世界中的新华盛顿共识

2023年4月，杰克·沙利文（Jake Sullivan）在布鲁金斯学会（Brookings Institute）的一次演讲中，正式宣布用新华盛顿共识（New Washington Consensus）取代自上世纪90年代以来众所周知的华盛顿共识。本文对最初的“华盛顿共识”进行了定义和简要描述。文章接着详细描述和讨论了新华盛顿共识及其影响。最后，论文概述了特朗普对拜登这一具体遗产的潜在做法，无论是否得到承认。在特朗普总统任期的背景下，简要探讨了可能发生的事情的解除对地缘经济和地缘政治的广泛影响。

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

ATLANTIC ECONOMIC JOURNAL ECONOMICS-

CiteScore

1.30

自引率

16.70%

发文量

期刊介绍： The Atlantic Economic Journal (AEJ) has an international reputation for excellent articles in all interest areas, without regard to fields or methodological preferences. Founded in 1973 by the International Atlantic Economic Society, a need was identified for increased communication among scholars from different countries. For over 30 years, the AEJ has continuously sought articles that traced some of the most critical economic changes and developments to occur on the global level. The journal''s goal is to facilitate and synthesize economic research across nations to encourage cross-fertilization of ideas and scholarly research. Contributors include some of the world''s most respected economists and financial specialists, including Nobel laureates and leading government officials. AEJ welcomes both theoretical and empirical articles, as well as public policy papers. All manuscripts are submitted to a double-blind peer review process. In addition to formal publication of full-length articles, the AEJ provides an opportunity for less formal communication through its Anthology section. A small point may not be worthy of a full-length, formal paper but is important enough to warrant dissemination to other researchers. Research in progress may be of interest to other scholars in the field. A research approach ending in negative results needs to be shared to save others similar pitfalls. The Anthology section has been established to facilitate these forms of communication. Anthologies provide a means by which short manuscripts of less than 500 words can quickly appear in the AEJ. All submissions are formally reviewed by the Board of Editors. Officially cited as: Atl Econ J