Steve Suranovic

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Steve Suranovic

Steve Suranovic is an Economics Professor at the George Washington University in Washington DC and is affiliated with the Elliott School's Institute for International Economic Policy. He is the author of an international economics textbook published online by Flat World Knowledge and a book titled “A Moderate Compromise: Economic Policy Choice in an Era of Globalization” (Palgrave-Macmillan 2010).

This author wrote:

Global trade realities and President Trump’s goals

Five months into the Trump administration, there remains a great deal of uncertainty about the future of global trade policy. A few issues have been resolved, a few new ones have erupted, and many more remain in a state of limbo...

Trump’s take on global trade

One thing is certain about what to expect from the new Trump administration concerning global trade policy: There will be great uncertainty...

What to make of Chinese foreign investment - in the US and elsewhere

The rise of China’s economy and the growth of its international trade have provoked distrust and fear in the West...

Will a TAFTA make any difference at all?

In his State of the Union address in February, US President Barack Obama announced the start of negotiations on a comprehensive Transatlantic Trade and Investment Partnership with the European Union. The stated intention of this Trans-Atlantic Free Trade Area (TAFTA), as well as that of the other ongoing US trade negotiation - the Trans-Pacific Partnership (TPP) - is to create jobs. ...

Campaign promises and anti-competitive job policies

As the US presidential election enters its final month, both candidates are emphasizing how their policies will create more jobs for Americans, while at the same time attacking each other for either not creating enough jobs or actually destroying them. President Obama criticizes Mitt Romney for having fired workers or having outsourced jobs when he was at Bain Capital...

What if China stumbles?

Economic storm clouds continue to form around the world. The problems in Europe threaten not only Europe, but the global economy too. Even the countries that weathered the 2008 crisis relatively easily, such as Brazil and China, are now developing symptoms of economic distress. After teaching and traveling in some of the major cities in China for several months, I come away with...

Resolving broken promises: a recipe for economic recovery

The US economy is growing stronger every month. GDP, total employment, and the stock market index are all rising, while the unemployment rate is finally coming down. Still, despite the good news, there seems to be a notable lack of excitement and exuberance. This good news has been too long coming and the pace of economic growth remains lackluster compared to previous economic recoveries...

Elections, Jobs and What to Do About China

As the Republican candidates campaigned in the Midwestern states – states that are suffering from several years of high unemployment, a decade of factory flight to Mexico and China, and more than a generation of increased import competition with industrial and manufacturing decline – they were asked what they, as president, would be prepared to do to alleviate these problems.  Because all...