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Dollar and Sense is a podcast about all things trade. From local ports and markets to international trade and diplomacy, Brookings Institution Senior Fellow David Dollar and guests explain how our global trading system is built and its effect on our everyday lives.

Dollar & Sense The Brookings Institution

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Dollar and Sense is a podcast about all things trade. From local ports and markets to international trade and diplomacy, Brookings Institution Senior Fellow David Dollar and guests explain how our global trading system is built and its effect on our everyday lives.

    How will the rise of the global middle class affect trade and consumption?

    How will the rise of the global middle class affect trade and consumption?

    Around the world, the middle class is expanding at a rate we have never seen before in history. Homi Kharas, a senior fellow in the Center for Sustainable Development at Brookings, joins David Dollar in this episode to discuss how that global middle class is defined and where growth is concentrated. Kharas also explains how preferences among the global middle class will affect production, trade, regional value chains, and efforts to address climate change for years to come.
    Dollar & Sense is part of the Brookings Podcast Network. Send feedback to bcp@brookings.edu, and follow us on Twitter at @policypodcasts.

    • 22 min
    Why did state-building efforts in Afghanistan fail?

    Why did state-building efforts in Afghanistan fail?

    Afghanistan has received enormous amounts of foreign aid over the years, but despite the investment of funds and various efforts to build state capacity, the government quickly fell to the Taliban after the withdrawal of U.S. forces. To discuss what capacity-building efforts accomplished and why they ultimately fell short, David Dollar is joined by Jennifer Brick Murtazashvili, director of the Center for Governance and Markets at the University of Pittsburgh.
    Murtazashvili explains why the government’s unwillingness to reform led to the rapid unravelling witnessed earlier this month. She also describes how Taliban rule may impact women in Afghanistan, the opium trade, and the delivery of international aid.
    Dollar & Sense is part of the Brookings Podcast Network. Send feedback to bcp@brookings.edu, and follow us on Twitter at @policypodcasts.

    • 26 min
    Will COVID-19 mark the end of the old international order?

    Will COVID-19 mark the end of the old international order?

    The COVID-19 pandemic has been the greatest shock to the international order in decades, and unlike previous shocks, major powers like the United States did not step up to lead the world through it. Thomas Wright joins this episode to explain how that leadership vacuum shaped the pandemic response and has contributed to the rewriting of the postwar order.
    Wright is a co-author of the new book “Aftershocks: Pandemic Politics and the End of the Old International Order,” which examines the political backdrop of the pandemic and how institutions performed once it arrived. He and David Dollar discuss why some economic institutions like central banks proved to be quite resilient and what the overall lack of international coordination means for the United States, China, and the global balance of power.
    Dollar & Sense is part of the Brookings Podcast Network. Send feedback to bcp@brookings.edu, and follow us on Twitter at @policypodcasts.

    • 24 min
    The 2020 Tokyo Olympics were always meant to be a story of resilience

    The 2020 Tokyo Olympics were always meant to be a story of resilience

    The 2020 Tokyo Olympics were supposed to showcase Japan’s resilience in the face of major setbacks and be a crowning event at the end of former Prime Minister Shinzo Abe’s term in office, but the COVID-19 pandemic and a yearlong delay have threatened this narrative. Mireya Solís, director of the Center for East Asia Policy Studies at Brookings, joins David Dollar to discuss the political and economic background of these Olympic Games. Solís explains why it was important for Japan to tell a story of renewal after the Triple Disaster of 2011 and a period of economic stagnation. She also describes what the Olympics mean for current Prime Minister Yoshihide Suga and for Japan’s relations with other countries in the region.
    Dollar & Sense is part of the Brookings Podcast Network. Send feedback to bcp@brookings.edu, and follow us on Twitter at @policypodcasts.

    • 26 min
    How can the US support democracy and development in Latin America?

    How can the US support democracy and development in Latin America?

    From widespread protests in Cuba to the assassination of Haitian President Jovenel Moïse, recent unrest across Latin America has brought new attention to political and economic issues in the region and created diplomatic challenges for the Biden administration. To discuss how the United States should engage with Latin America, David Dollar is joined by Santiago Levy, a nonresident senior fellow in the Global Economy and Development program at Brookings and senior advisor to the United Nations Development Program.
    Levy describes the negative effects of U.S. policy toward Cuba, his concerns about sovereign debt in the region, and how the U.S. could work with Latin American governments to rethink development strategies in order to achieve socially inclusive growth. Then, the conversation turns to Progresa-Oportunidades, a conditional cash transfer program Levy helped design during his career in public service in Mexico, and what lessons it could provide for similar economic programs proposed by the Biden administration.
    Dollar & Sense is part of the Brookings Podcast Network. Send feedback to bcp@brookings.edu, and follow us on Twitter at @policypodcasts.

    • 26 min
    How should the G-7 respond to China’s BRI?

    How should the G-7 respond to China’s BRI?

    When the leaders of G-7 countries met in Carbis Bay last month, they announced a new Build Back Better World (B3W) plan to support infrastructure projects in low- and middle-income countries and respond to China’s Belt and Road Initiative.
    There are few details of exactly how the B3W partnership will work, and there are questions about whether focusing on infrastructure is the best way for the United States and its partners to counter China on the global stage. In this episode, Howard W. French joins David Dollar to discuss the challenges B3W will face and why the West would be better off competing in areas where it already has relative advantages.  
    Dollar & Sense is part of the Brookings Podcast Network. Send feedback to bcp@brookings.edu, and follow us on Twitter at @policypodcasts.

    • 27 min

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