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REINDUSTRIALIZATION IN THE UNITED STATES UNDER PRESIDENT TRUMP: EXPECTATIONS AND FIRST RESULTS
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REINDUSTRIALIZATION IN THE UNITED STATES UNDER PRESIDENT TRUMP: EXPECTATIONS AND FIRST RESULTS
Annotation
PII
S268667300000616-7-1
Publication type
Article
Status
Published
Authors
Sergei Tolkachev 
ORCID: 0000-0003-3766-2246
Occupation: Head of Department Macroeconomic Forecasting and Planning
Affiliation: Financizl University under the Government of Russian Federation
Ekaterina Moskvitina
Affiliation:
Address: Russian Federation,
Edition
Issue 3 (579)
Pages
81-99
Abstract
The election of U.S. President Donald Trump marked the coming of a new era world markets need to adapt to. In his pre-election speeches, D. Trump pointed out, that tax cuts, investment in infrastructure, deregulation and revision of trade agreements contribute to the growth of the U.S. economy and will create 25 million jobs in the United States. However, the policy of reindustrialization faces criticism and opposition, because many of the promises made during the election campaign by D. Trump are not being fulfilled or are being transformed. In the article, results of the analysis of possible effect from realization of key D. Trump's policy directions are presented. The assessment of D. Trump's applications for reindustrialization and job creation in the United States is reflected. Scenarios of economic development under the influence of D. Trump's policy are considered. Based on foreign research, there were identified the key principles, by which D. Trump should be guided in his policy.
Keywords
reindustrialization, D. Trump's policy, pre-election promises, jobs, U.S. economy, tax reform, deregulation, U.S. trade
Date of publication
09.03.2018
Number of purchasers
8
Views
1002
Readers community rating
0.0 (0 votes)
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