ifo Schnelldienst 01/2021: The USA under Joe Biden

The USA under Joe Biden: U-Turn or “America First Light”?

On January 20, 2021, Joe Biden will enter the White House as the 46th President of the United States. The transfer of power in Washington is associated with many hopes and expectations in Germany and Europe. Many expect a relaxation of transatlantic relations and a return of the US to multilateralism and a rules-based international order. Changes are also expected in economic policy, which would give positive impetus to trade and climate policy in particular. Are the hopes for a new political era justified?

With contributions from:

• Philipp Hauber, US Economic Policy under Joe Biden: Plans and Implementability in Light of the Covid-19 Pandemic.
• Stormy-Annika Mildner, “We Are Back” – Course Correction in US Trade Policy in Sight?
• Galina Kolev and Jürgen Matthes, New Trade Policy Cooperation Opportunities with the Biden Administration
• Sonja Peterson, US Climate Policy: (Only) the First Step Has Been Taken
• Reimund Schwarze, Out of the Prisoner’s Dilemma
• Christiane Lemke, Controversial Health Policy: Reflecting the Divide in US Society
• Martin Thunert, From Trump to Biden: U-Turn with Question Marks
• Laura von Daniels, Remote President
• Josef Braml, America’s Geoeconomy under Biden – Europe’s Risks and Opportunities
• Johannes Varwick, The “America-Will-Be-Back” Mantra: Justified or Rhetoric?
• Dorine Boumans, Klaus Gründler, Niklas Potrafke, and Fabian Ruthardt
• How the Outcome of the 2020 US Presidential Election Affects Expectations for Economic Development Worldwide