Does changing the trade regime change the dollar regime? To Mar-a-Lago and beyond

The Trump administration is undertaking major changes to the geopolitical and trade arrangements that have been the foundation of the world economy for over 70 years. How will these changes impact the role of the US dollar and the international financial system? Do these changes portend, if not necessitate, some kind of second Plaza Accord, or do they make such an accord difficult to reach? What will the impact be on currencies and government debt in the US and around the world?

Panelists Adam S. Posen (PIIE), Markus K. Brunnermeier (PIIE), Warwick J. McKibbin (PIIE; Australian National University), and Maurice Obstfeld (PIIE) provide their analytical perspectives on this critical issue, followed by a discussion with the audience moderated by PIIE senior fellow Monica de Bolle.

MODERATOR

Monica de Bolle
Senior Fellow, PIIE

PANELISTS

Markus K. Brunnermeier
Nonresident Senior Fellow, PIIE

Maurice Obstfeld
C. Fred Bergsten Senior Fellow, PIIE

Warwick J. McKibbin
Nonresident Senior Fellow, PIIE

Adam S. Posen
President, PIIE