Anne O Krueger

Anne O Krueger, a former World Bank chief economist and former first deputy managing director of the International Monetary Fund, is Senior Research Professor of International Economics at the Johns Hopkins University School of Advanced International Studies and Senior Fellow at the Center for International Development at Stanford University.

The Supreme Court’s recent ruling rejecting US President Donald Trump's use of the International Emergency Economic Powers Act is likely to limit his ability to use discriminatory tariffs as a bargaining tool.
PERSPECTIVE

Trump’s tariff war has failed on every front

His tax programme, chaotically rolled out, shifts in its objectives and has wrecked world trade. At home, US producers are also suffering

The choice of the next Fed chair should be guided by the objectives set by Congress, not by President Trump’s political interests and personal whims.

The last days of Fed independence?

If Trump appoints a pliant Federal Reserve chair and monetary policy is loosened, it could stoke inflation and hurt global economic stability

Despite powerful evidence of tariff policies' harmful effects and several partial reversals, Trump continues to tout protectionism.
PERSPECTIVE

Trump’s big, not-so-beautiful economic mess

Trump’s tariff wars have imposed steep costs on key allies, triggered price spikes, and hurt American producers and farmers

India cannot continue to marginalise its nearly 200 million Muslim citizens and still achieve Modi’s goal of reaching developed-country status by 2047.

Can Modi turn India into a developed economy by 2047?

Achieving that vision would require sustaining annual growth of 7% to 8%, high levels of infrastructure investment, and ambitious structural reforms

By raising tariffs above the limits set in WTO agreements, the Trump administration has injected enormous uncertainty into the global trading system.
THE BOTTOM LINE

The case for a multilateral trade organisation without America

Joint action can protect open, rules-based commerce and counter the US’ divide-and-rule tactics

The Trump administration has targeted law firms, universities, think tanks, semiconductor and battery manufacturers, media companies, research, and more.
THE BROAD VIEW

Trump’s effort to pick America’s corporate winners will end badly

State intervention will undermine key industries by allocating resources inefficiently.

The irony is that increased domestic production, spurred by protectionist policies, reduces the volume of imports – and with it, tariff revenues.
PERSPECTIVE

Trump’s self-defeating trade agenda

The current tariff regime will harm the US economy in more ways than one

A decline in international-student enrolment will not only hinder research at US institutions by shrinking the pool of talented assistants; it will also weaken the global pipeline of future scientists, diminishing the depth and quality of research worldwide.
THE BROAD VIEW

The high cost of Trump’s brain drain

The government crackdown on elite universities risks undermining US innovation and competitiveness

President Trump’s tariff increases will undermine long-term growth by diverting investment away from productivity-enhancing technologies and innovation.

Trump’s anti-growth policies

His administration is dismantling the most important pillars of America’s prosperity

Given the stakes, the most effective way to restore global growth prospects would be for the US to reverse course and reassure the international community that the change is both genuine and lasting.

Trump’s tariff chaos could reverse 80 years of economic progress

INTERNATIONAL trade and exploration have captivated the human imagination for millennia. From Alexander the Great to Marco Polo, from the Silk Road to the East India Company, history is filled with ex...