Challenges to Growth in a Globalized World: A Conversation with Larry Summers
Business confidence is determined by a lot of things other than who the president of the United States is.
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In the summer of 2018, President Trump sang praises about the country’s economic conditions, tweeting, “In many ways this is the greatest economy in the HISTORY of America.” But just how much of the upswing can be attributed to White House policies? Former US Treasury Secretary Larry Summers says very little. He disagrees with Trump on trade, tariffs, and the rethinking of international agreements on commerce and investment. Summers tells Gillian Tett, US managing editor of the Financial Times, what he would do differently, and the tactics that should be taken to ensure economic growth.
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