Podcasts

Back

Biden’s action: a political economy perspective

01
March 2024
By Otaviano Canuto, Dominique Bocquet, Paul Isbell
Related topics: 

This podcast tackles the intricacies of Biden’s presidency from a political economy standpoint. Our guests initially discuss the degree to which it can be argued that US democracy has recently been under threat. Following this, the conversation shifts to the consequences of US domestic political polarization on its global leadership role. Subsequently, the dialogue explores the surprising political accomplishments of Biden’s presidency thus far, alongside their failure to enhance Biden’s reelection prospects. This podcast is the precursor to additional episodes centered around the US political economy.

RELATED CONTENT

  • April 28, 2023
    This paper explores the impact of commodities financialization on crude oil prices and their volatility. While some commodities have been market movers for centuries, introducing others, such as oil, to the financial markets is more recent. The increase in investors' appetite for commodity investing has led to commodities’ financialization, which is often considered an amplifier of commodity price volatility. This paper focuses on the relationship between crude oil prices and the fi ...
  • Authors
    March 22, 2023
    Silicon Valley Bank (SVB), the sixteenth largest bank in the United States, experienced a bank run in early March 2023, and was closed by the U.S. Federal Deposit Insurance Company (FDIC) on March 10. This bank failure, followed by others, creates fear of contagion throughout the U.S. and global banking systems. This Brief identifies four factors leading to the SVB crisis: i) Sharp interest rate increases by the Federal Reserve, which adversely affected SVB’s income and balance shee ...
  • October 14, 2022
    En attribuant le prix Nobel d'économie 2022 à Ben S. Bernanke, Douglas W. Diamond et Philip H. Dybvig, le jury Nobel a voulu distinguer des travaux, remontant aux années 1980, qui permettent de mieux comprendre l'implication des banques dans les crises. Travaux pionniers, également, dans l'élaboration d'une théorie bancaire, où l'analyse historique est présente avec Ben S. Bernanke qui a longuement étudié le rôle des banques dans la crise de 1929, afin de ne pas renouveler les erreu ...
  • Authors
    July 6, 2022
    In the first half of this year, U.S. stock markets suffered a fall not seen in more than 50 years. The S&P 500 index on Thursday June 30 was more than 20% down compared to January, a drop not experienced since 1970. The S&P 1500 index, built by Bloomberg and incorporating companies of various sizes, has seen more than $9 trillion in stock value disappear since January. Except for energy stocks, all sectors have suffered value reductions. On Wednesday June 29, Citi announced ...
  • Authors
    Laurence Nardon
    Siméon Rust
    December 6, 2021
    Thanks to the positive momentum in transatlantic relations brought about by the arrival of the Biden administration, significant progress is expected on a range of key digital issues. New rules are emerging that are designed to level the playing field for economic actors and ensure the respect of civil liberties, while significant new investments in technological innovation are taking place amid considerable industrial reorganizations. This paper proposes to shed light on seven part ...
  • Authors
    August 12, 2021
    Macroeconomic dynamics in the U.S. economy has increasingly become associated with asset price fluctuations in the past few decades. Financial conditions have increasingly become an influential factor shaping the cyclical pace of the macroeconomy. There has been a mismatch between rising financial wealth and the pace of creation and incorporation of new assets. Several secular stagnation hypotheses offer explanations for the insufficient creation of new assets. Public debt—and its p ...
  • May 17, 2021
    Joe Biden’s victory in the U.S. elections was widely anticipated, and much of what has happened since he took office on January 21 has conformed to his election promise. The progress he helped steer in vaccinations and repairing the pandemic’s economic damage is especially impressive. However, the first 100 days of his term have also seen major unexpected developments. Three of these surprises have both major implications for the U.S. economic outlook, and global repercussions. The ...
  • Authors
    December 30, 2020
    According to this month’s OECD economic outlook, global GDP --- which took a huge hit from the pandemic and is still 3% below its level of a year ago – will not recover its pre-pandemic level until the end of 2021. In a downside scenario, the return could take almost a year longer. The OECD predictions, which imply high and protracted unemployment, are in line with the view of many other official and private organizations. The arrival of effective vaccines such as Pfizer-BioNTech wa ...
  • Authors
    Salma Daoudi
    December 25, 2020
    The maxim that in adversity we find unity has never truly materialized following the outbreak of the novel coronavirus (COVID-19). Despite fighting a common enemy, individual societies have turned inwards, moved by a self-preservation instinct that prioritizes individual over collective well-being. Outbursts and demonstrations of solidarity have punctuated national and international responses to COVID-19, but the virus has also often exacerbated structural inequalities, reopening ol ...