| Topics to be explored:
-
The U.S. continues to
say that China's growth has been at America's expense because China
stacks the deck against competitors. Yet today the FT reports that its
U.S. hedge funds far outperformed their Chinese rivals in China. Something doesn't add up.
- Some decades ago
it was Japan's economic growth that frightened American policy makers.
Are there lessons from that experience that can guide U.S. trade
officials now in the use of tariffs and non-tariff barriers.
- In
the geopolitical arena the U.S.-led global order is rapidly being
eclipsed by China, and the Global South countries including India, South
Africa, Indonesia, and trade blocs such as the ASEAN are becoming daily
more successful and integrated. What next?
- Shouldn't the U.S. be proud that
Japan, China, and other Asian countries copied U.S. policies such as
open markets and free trade to increase their positions. What is
happening to U.S. polity to become so defensive.
-----------------------------------------------------------------------------------------------
Dr. Paul James Sheard
------------------------
Dr.
Paul Sheard, an Australian American economist, is the author of the
Wall Street Journal bestselling business book, "The Power of Money: How
Governments and Banks Create Money and Help Us All Prosper" . He is a
former Vice Chairman of S&P Global and a former Senior Fellow and
Research Fellow at the Harvard Kennedy School. He held chief economist
positions at S&P Global, Nomura Securities, and Lehman Brothers, and
was Japan Strategist at Baring Asset Management. He was appointed by
two prime ministers to serve on advisory committees of the Japanese
Government. A member of the Bretton Woods Committee, the Council on
Foreign Relations, the Economic Club of New York, and the National
Committee on U.S.-China Relations, Sheard sits on the board of the
Foreign Policy Association.
Only on Polaris Live: Wednesday 24 January 2024
0930-1000 ET
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