Rethinking Globalization in the Trump Era: US-China Relations

Abstract

The global economic and political order that was created in the aftermath of World War II is under attack by President Donald Trump. In this article, Nobel Prize Laureate Joseph Stiglitz discusses the scope for protectionist actions by President Trump and suggests how countries such as China could and should respond. In particular, he proposes a set of ten principles that should guide Chinai¯s response, principles designed to enhance a more stable and efficient multi-polar system of global governance that can contribute to a stronger global economy.