In the News: Daniel McDowell
Patel and McDowell Discuss Trump’s Plan to Impose Tariffs on Countries That Start Wars in The Hill
“The cost to the private sector is quite high,” says Kristen Patel, professor of practice of policy studies. “Former President Trump has not coherently explained how tariffs would benefit us, companies and consumers.” Daniel McDowell, professor of political science, says, “The idea of using tariffs to deter countries from invading other countries, it’s pretty out there.”
See related: China, Government, International Affairs, Taxation, Trade, U.S. Foreign Policy, U.S. National Security, United States
McDowell Weighs In on China’s International Use of Renminbi in Financial Times Article
“I think it’s very unlikely that we’ll see China’s trade with the United States, with the European Union, moving into Chinese currency,” says Daniel McDowell, professor of political science.
See related: China, Economic Policy, Government, International Affairs, Trade
Maxwell School 2024-25 Faculty Promotions Include Four Tenure Appointments
Edwin Ackerman, Marc Garcia, Timur Hammond and Alex Rothenberg have been promoted to associate professor.
See related: Promotions & Appointments
Black representation and the popular legitimacy of the Federal Reserve
“Black representation and the popular legitimacy of the Federal Reserve,” co-authored by Professor of Political Science Daniel McDowell, was published in the European Journal of Political Economy.
See related: Black, Economic Policy, United States
Developing-Country Representation and Public Attitudes toward International Organizations
McDowell Discusses Sanctions Circumvention on The Sanctions Age Podcast
“De-dollarization is sort of a hedging exercise. It's preparing for that potential instance of sanctions in the future or adapting to the current sanctions that you're facing but it is real, it's happening and it does have important implications for the U.S. and for the world,” says Daniel McDowell, associate professor of political science.
See related: China, Economic Policy, International Affairs, Russia, United States
McDowell Quoted in Business Insider Article on Russian Central Bank Governor Elvira Nabiullina
"Nabiullina has been very effective at stabilizing the Russian economy, despite the enormous economic pressure from sanctions," says Daniel McDowell, associate professor of political science.
See related: Economic Policy, Government, International Affairs, Russia
McDowell Contributes to Inkstick Piece on the United States’ Geoeconomic Strategy
"Yes, de-dollarization is real, and it is happening. No, this does not mean that the dollar’s days are numbered," says Daniel McDowell, associate professor of political science.
See related: Economic Policy, International Affairs, United States
McDowell Contributes to Wilson Center Report on China’s Foreign Economic Policy
In his essay, the Maxwell School political scientist contends that Chinese bank expansion abroad may weaken Washington’s ability to leverage financial sanctions.
See related: China, Economic Policy, Foreign Policy, Global Governance
McDowell Contributes Chapter to Atlantic Council Report on Economic Statecraft
Daniel McDowell, associate professor of political science, authored "New era of financial sanctions: Adapting to de-dollarization," as part of the Atlantic Council report, "The US, EU, and UK need a shared approach to economic statecraft. Here’s where to start."
See related: Economic Policy, Europe, Global Governance, International Affairs, United States
McDowell Discusses BRICS, the Dollar and Risks to US Global Power in Financial Times, Foreign Policy
Talk of a BRICS common currency is “really a reflection of a desire among some segments of the world to have some counterweight to the U.S., the U.S. economy, the dollar,” says Daniel McDowell, associate professor of political science. But “I think most of this is just in fantasy land, because I don’t see any world in which it is really going to emerge in the way some people might hope.”
Daniel McDowell Testifies Before Congressional Subcommittee, Joins Atlantic Council
The Maxwell School associate professor of political science has been sought for the expertise he shared in his recent book, ‘Bucking the Buck.’
See related: Economic Policy, International Affairs, Promotions & Appointments
McDowell Discusses How Geoeconomics Impacts Central Bank Reserve Managers in OMFIF Article
"After 9/11, the U.S. Treasury recognised that global dollar dominance gave Washington control over the critical plumbing of global finance. A new breed of financial sanctions emerged which could precisely cut individual targets—terrorists, foreign government officials, state institutions, firms—off from the dollar system. ‘Smart’ financial sanctions revolutionised economic warfare," writes Daniel McDowell, associate professor of political science.
See related: Economic Policy, Government, International Affairs, United States
McDowell Weighs In on Washington’s Weaponization of the US Dollar in Bloomberg Article
To ensure long-term efficacy, sanctions are often better left as a threat and not actually carried out, says Daniel McDowell, associate professor of political science.
See related: Economic Policy, International Affairs, United States
McDowell Quoted in DW Article on the Decline of the Dollar’s Dominance in the Middle East
"Statements are easy, action is more difficult," says Daniel McDowell, associate professor of political science. "For oil-producing states, like Saudi Arabia, these sorts of statements and agitations are also a way to get America's attention. Flirting with the Chinese may make American policymakers focus more attention on the interests of the Gulf states."
See related: Government, International Affairs, Middle East & North Africa
McDowell Talks to Foreign Policy About De-Dollarization
“To me, de-dollarization just means a government’s ability to reduce its dependence or reliance on the dollar,” says Daniel McDowell, associate professor of political science. “I think the key thing here is to try to distinguish or separate the concept of de-dollarization from the end of dollar dominance. I don’t think those two things have to go together.”
See related: China, Economic Policy, Government, International Affairs
McDowell Talks to The Guardian, VOA About China’s Push to Internationalize Its Currency
"Over the last 15 years or so, we've seen some policies aimed at promoting its [renminbi] international use, but we've also seen a lot of policies that make it less attractive," says Daniel McDowell, associate professor of political science.
See related: China, Economic Policy, Government, International Affairs
McDowell Comments on the Use of China’s Renminbi as a Global Currency in The Wire China
“China had economic motives to de-dollarize that predate sanction concerns,” says Daniel McDowell, associate professor of political science. “When the U.S. economy had a financial crisis, China ended up getting hurt. China figured, we should probably promote our own currency now.”
See related: China, Economic Policy, Government, International Affairs
McDowell Weighs in on Brazil-China Relationship in Washington Post Article
“When China and Brazil sign an agreement like this, it’s trying to put into place the infrastructure that would make it possible to use China’s currency, but that doesn’t mean that individual firms are going to choose that,” says Daniel McDowell, associate professor of political science.
See related: China, Economic Policy, International Affairs, Latin America & the Caribbean
McDowell Talks to CSIS and Hidden Forces About His New Book, ‘Bucking the Buck’
Daniel McDowell, associate professor of political science, discussed the implications of sanctions for the dollar's status, the relationship between dollar dominance and U.S. sanction capabilities, and the response of U.S. major rivals to these measures.
See related: Economic Policy, International Affairs, United States