100 episodes

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 Trade Podcast The Brookings Institution

    • News
    • 4.7 • 67 Ratings

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.

    After France’s parliamentary elections, can Macron govern at home and lead abroad?

    After France’s parliamentary elections, can Macron govern at home and lead abroad?

    In France’s recent parliamentary elections, President Emmanuel Macron’s centrist party lost its National Assembly majority, while a leftist alliance of parties and Marine Le Pen’s far-right party made significant gains. Célia Belin, interim director of the Center on the United States and Europe at Brookings, discusses how these results happened after Macron’s victory in the presidential contest, what they mean for governance in France, and how they may impact President Macron’s pursuit of a multilateralist foreign policy.
    Show notes and transcript: https://brook.gs/3nfSjHe 
    Dollar & Sense is part of the Brookings Podcast Network. Send feedback to podcasts@brookings.edu, and follow us on Twitter at @policypodcasts.

    • 28 min
    A short history of trade liberalization in developing countries

    A short history of trade liberalization in developing countries

    Douglas Irwin, a professor at Dartmouth College and expert in the history of trade policy, talks with host David Dollar about some of the key events in trade liberalization in developing countries. From Taiwan to South Korea, and from Vietnam to some countries in Latin America and Africa, Irwin shares insights on how certain developing countries shifted to an export-strategy in the decades following World War II and began to integrate into the global economy.
    Show notes and transcript: https://brook.gs/3xfHI3s 
    Dollar & Sense is part of the Brookings Podcast Network. Send feedback to podcasts@brookings.edu, and follow us on Twitter at @policypodcasts.

    • 26 min
    US economic diplomacy in Asia

    US economic diplomacy in Asia

    President Biden recently completed his first trip to Asia, during which he launched Indo-Pacific Economic Framework for Prosperity with a dozen partners in the region. On this episode, David Dollar speaks with retired U.S. diplomat Susan Thornton about the pillars of the new framework, its relationship to existing trade relationships like CPTPP, RCEP, and ASEAN, and what incentives nations in the region have for cooperation with the U.S. and China. Thornton, a senior fellow in the Paul Tsai China Center at Yale Law School and a nonresident senior fellow John L. Thornton China Center at Brookings, also addresses U.S. economic diplomacy with Europe and how Russia’s war on Ukraine may affect America’s relationship with China and Asia more broadly.
    Show notes and transcript: https://brook.gs/3Go06eF 
    Dollar & Sense is part of the Brookings Podcast Network. Send feedback to podcasts@brookings.edu, and follow us on Twitter at @policypodcasts.

    • 28 min
    How workers got left behind in the pandemic while shareholder wealth soared

    How workers got left behind in the pandemic while shareholder wealth soared

    Molly Kinder, a fellow in Brookings Metro, discusses with host David Dollar her new report, “Profits and the pandemic” (co-authored with Katie Bach and Laura Stateler), which examines pay practices and financial outcomes during the pandemic-era of 22 of the nation’s largest companies. Kinder notes that most of the large companies enjoyed record financial gains during the pandemic, and that while a few did provide workers with pay raises that exceed a living wage, most did not, and the modest wage gains workers did receive have been wiped out by inflation.
    Show notes and transcript: https://brook.gs/39SgeJ3 
    Dollar & Sense is part of the Brookings Podcast Network. Send feedback to podcasts@brookings.edu, and follow us on Twitter at @policypodcasts.

    • 31 min
    Kevin Rudd on how to avoid war between the US and China

    Kevin Rudd on how to avoid war between the US and China

    Former Australia Prime Minister Kevin Rudd, now president of Asia Society, discusses his new book, "The Avoidable War: The Dangers of a Catastrophic Conflict between the US and Xi Jinping's China" (Public Affairs, 2022). Rudd calls Taiwan the “core strategic tension” between China and the United States, discusses how the U.S. and China can manage strategic competition, looks at trade issues in the region, and describes China’s challenge to the current U.S.-led international order.
    Show notes and transcript: https://brook.gs/3vrRGzc 
    Dollar & Sense is part of the Brookings Podcast Network. Send feedback to podcasts@brookings.edu, and follow us on Twitter at @policypodcasts.

    • 31 min
    Why globalization is shifting in favor of India, not China

    Why globalization is shifting in favor of India, not China

    Arvind Subramanian, senior fellow at Brown University’s Watson Institute and Center for Contemporary South Asia, and former chief economic advisor to the Government of India, talks with host David Dollar about a range of trade and foreign relations issues India faces. In particular, he explains why globalization is shifting in India’s favor rather than China’s, how India views trade relations with China, Russia, and the West, and prospects for continued good relations with the United States, especially as India takes a more neutral stance on Russia’s war against Ukraine.
    Show notes and transcript: https://brook.gs/3xutMEm 
    Dollar & Sense is part of the Brookings Podcast Network. Send feedback to podcasts@brookings.edu, and follow us on Twitter at @policypodcasts.
     

    • 26 min

Customer Reviews

4.7 out of 5
67 Ratings

67 Ratings

Positive Sum Game ,

Thought provoking and mostly balanced

Moderate, erudite, insightful guests. Rare gem these days.

333710 ,

May 16 How workers got left behind ..,

Molly’s study is academic hindsight assuming the financial / employment good times she studied would carry thru into the future.
As we move into a recession there’s no way that the 22 companies studied could maintain the employment level and wages that that she espouses and remain profitable.
I heard no mention of the 401K increase in wealth that employees accumulated during this run up in company’s stock prices.
I think her research had a predetermined narrow focus to advocate a higher minimum wage, more government intervention into the economy, advance equity via mandated wealth distribution, and replace entrepreneurial capitalism with stakeholder control.
It needs to be called out that Molly is an academician not a CEO charged with the success of a company,

NEntropy ,

A clear-minded economist

Finally, there’s someone who get it regarding U.S.’ Build Back Better World and China’s Belt and Road. Howard French sees it to the core of the issues: whoever can help the bureaucracy get better and deliver social service results, that’s what matters.

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