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New Agenda: South African Journal of Social and Economic Policy

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Trumpanomics and the developing world

Jayati Ghosh

Abstract


Donald Trump became President of the US on a wave of populism and old style nationalism, promising to make “America great again.” While there is much confusion in Washington about his policies on just about everything, the one recurring theme in his statements and speeches is to take America to an age of splendid isolation. Jayati Ghosh looks at how this will affect developing countries, some of whom have at times benefited from exports to the US. While there is much in her analysis that is gloomy, she sees a silver lining if developing countries explore some creative alternatives to the shifting sands in global trade and investment.




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