Globalized Green Lanternism

American political commentators have frequently called for the U.S. president to take effective action to improve world economic growth. Such calls are a form of what Matthew Yglesias has dubbed “Green Lanternism”—the unspoken theory that the U.S. president’s ability to affect outcomes is primarily affected by his willpower. In this article, I examine the opposite—and more plausible causal relationship—that the power of the U.S. president is shaped by the underlying secular determinant of world economic growth. I go on to examine how we might expect U.S. power and interests in building up a multilateral trading order could largely wither away under conditions of enduring weak economic growth, which some economists have argued is in fact the most plausible long-run growth path for the world economy.

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Other Writing:

Academic Article

Constructing the International Foundations of E-Commerce: The EU-US Safe Harbor Arrangement

Much recent international relations scholarship has argued that states are unable to control e-commerce, so that private actors are coming to play a dominant role. However, this body of literature fails to account for emerging “hybrid institutions,” in which states create general frameworks of rules, which are then implemented by private actors. This article examines ...
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Academic Article

Weaponized Interdependence: How Global Economic Networks Shape State Coercion – with Abraham Newman

Henry Farrell and Abraham Newman (2019), “Weaponized Interdependence: How Global Economic Networks Shape State Coercion,” International Security 44, 1:42-79. Reprinted in Daniel Drezner, Henry Farrell and Abraham Newman, The Uses and Abuses of Weaponized Interdependence, Brookings Institution 2021. Liberals claim that globalization has led to fragmentation and decentralized networks of power relations. This does not ...
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