Competition with China and containment of Russia were the subtext of the president’s call for action. But casting the struggle as “democracy versus autocracy” oversimplifies what lies ahead.
Tag: United States Economy
John Williamson, 83, Dies; Economist Defined the ‘Washington Consensus’
A careful pragmatist, he regretted the way his term, aimed at developing countries, was misinterpreted by free-market ideologues and anti-globalization activists.
Surge in Migrants Defies Easy or Quick Solutions for Biden
The administration expects more apprehensions at the border this year than at any point in the past two decades. Enacting policy to deal with the problems faces deep-rooted political and logistical challenges.
Why $4-a-Gallon Gas May Be Coming Your Way This Summer
The oil industry, known for boom-bust cycles, is resisting the temptation to pump more oil — for now.
How Can Biden Bring Back Manufacturing Jobs? Weaken the Dollar
Critics of a strong currency say it hurts American factory workers by making imports cheap.
Amid Shortfalls, Biden Signs Executive Order to Bolster Critical Supply Chains
The order is intended to help insulate the economy from future shortages of critical imported components by making the United States less reliant on foreign supplies.
If Poor Countries Go Unvaccinated, a Study Says, Rich Ones Will Pay
A failure to distribute the Covid-19 vaccine in poor nations will worsen economic damage, with half the costs borne by wealthy countries, new research shows.
G20 Summit Closes With Little Progress and Big Gaps Between Trump and Allies
World leaders committed to some efforts to fight the coronavirus pandemic, but the meeting illustrated the difficulty of carrying out an agenda when the United States is indifferent or hostile to many goals.
U.S. Says Virus Can’t Be Controlled. China Aims to Prove It Wrong.
China’s approach to keep Covid-19 at bay has helped restore confidence and allowed businesses to reopen. But it is a strategy steeped in authoritarianism.
How the Virus Slowed the Booming Wind Energy Business
Renewable energy developers have struggled to finish projects as the pandemic disrupts construction and global supply chains.