Perspectives on the Global Economic Order in 2019

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A U.S.-China Essay Collection

For many years, the Center for Strategic and International Studies (CSIS) and the Shanghai Institutes for International Studies (SIIS) have had a broad and productive relationship exploring critical issues in the U.S.-China relationship and in global affairs. Since 2015, we have cohosted the U.S.-China Dialogue on the Global Economic Order, a track 1.5 dialogue that has sought to build mutual trust, enhance communication, identify issues, and propose solutions. The series of semiannual workshops, alternating between China and the United States, has covered a wide range of topics, including trade, investment, finance, and technology. The dialogue has drawn scholars, former policymakers, and current officials from the United States and China across a wide range of institutions and disciplines.

This volume consists of a series of parallel essays on the global economic order by U.S. and Chinese scholars who have participated in our dialogue. The value of this text is found not only in the ideas presented by the essayists but also in the opportunity to “listen” to each other as we manage our differences and seek a shared reform agenda for the global economic order. This report starts the journey.

These essays were drafted during the Spring of 2019 and reflect data that may have changed since that period.

This report is made possible by the generous support of Carnegie Corporation of New York.

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Matthew P. Goodman

Matthew P. Goodman

Former Senior Vice President for Economics
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Stephanie Segal

Stephanie Segal

Former Senior Fellow, Economics Program
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Mark Sobel
Senior Adviser (Non-resident), Economics Program
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John J. Hamre
CSIS President and CEO, and Langone Chair in American Leadership