• Research
  • Emissary
  • About
  • Experts
Carnegie Global logoCarnegie lettermark logo
DemocracyIran
  • Donate
{
  "authors": [
    "Albert Keidel"
  ],
  "type": "legacyinthemedia",
  "centerAffiliationAll": "dc",
  "centers": [
    "Carnegie Endowment for International Peace"
  ],
  "collections": [],
  "englishNewsletterAll": "asia",
  "nonEnglishNewsletterAll": "",
  "primaryCenter": "Carnegie Endowment for International Peace",
  "programAffiliation": "AP",
  "programs": [
    "Asia"
  ],
  "projects": [],
  "regions": [
    "North America",
    "United States"
  ],
  "topics": [
    "Economy",
    "Trade"
  ]
}

Source: Getty

In The Media

Trade Deficits, Value of the Dollar and the Global Economy

Link Copied
By Dr. Albert Keidel
Published on Dec 20, 2006
Program mobile hero image

Program

Asia

The Asia Program in Washington studies disruptive security, governance, and technological risks that threaten peace, growth, and opportunity in the Asia-Pacific region, including a focus on China, Japan, and the Korean peninsula.

Learn More

Source: The Diane Rehm Show


The dollar, the world's predominant currency, has dropped in value by about 18 percent over the last five years. Carnegie Senior Associate Albert Keidel appeared on The Diane Rehm Show with other experts to talk about what a continuing slide could mean for American consumers, U.S. trade deficits, and the global economy. 

Click here to listen to the broadcast.

About the Author

Dr. Albert Keidel

Former Senior Associate, China Program

Keidel served as acting director and deputy director for the Office of East Asian Nations at the U.S. Department of the Treasury. Before joining Treasury in 2001, he covered economic trends, system reforms, poverty, and country risk as a senior economist in the World Bank office in Beijing.

    Recent Work

  • Article
    As China's Exports Drop, Can Domestic Demand Drive Growth?

      Dr. Albert Keidel

  • Article
    China’s Fourth Quarter 2008 Statistical Record

      Dr. Albert Keidel

Dr. Albert Keidel
Former Senior Associate, China Program
Albert Keidel
EconomyTradeNorth AmericaUnited States

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

More Work from Carnegie Endowment for International Peace

  • China Financial Markets
    Commentary
    China Financial Markets
    Is China’s High-Quality Investment Output Economically Viable?

    China’s rapid technological progress and its first-rate infrastructure are often cited as refuting the claim that China has been systematically overinvesting in non-productive projects for many years. In fact, as the logic of overinvestment and the many historical precedents show, the former is all-too-often consistent with the latter.

      Michael Pettis

  • Commentary
    Carnegie Politika
    The Much-Touted Middle Corridor Transport Route Could Prove a Dead End

    For the Middle Corridor to fulfill its promises, one of these routes must become scalable. At present, neither is.

      Friedrich Conradi

  • Article
    The Iran War Shows the Limits of U.S. Power

    If Washington cannot adapt to the ongoing transformations of a multipolar world, its superiority will become a liability.

      Amr Hamzawy

  • Commentary
    Diwan
    Where is the Groundwork for Lebanon’s Negotiations With Israel?

    A prerequisite of serious talks is that the country’s leadership consolidates majority national support for such a process.

      Michael Young

  • Commentary
    Strategic Europe
    The EU Equivocating on Turkey Is Bad Geopolitics

    Following Ursula von der Leyen’s gaffe equating Turkey to Russia and China, relations with Ankara risk deteriorating even further. Without better, more consistent diplomatic messaging, how can the EU pretend to be a geopolitical power?

      Sinan Ülgen

Get more news and analysis from
Carnegie Endowment for International Peace
Carnegie global logo, stacked
1779 Massachusetts Avenue NWWashington, DC, 20036-2103Phone: 202 483 7600
  • Research
  • Emissary
  • About
  • Experts
  • Donate
  • Programs
  • Events
  • Blogs
  • Podcasts
  • Contact
  • Annual Reports
  • Careers
  • Privacy
  • For Media
  • Government Resources
Get more news and analysis from
Carnegie Endowment for International Peace
© 2026 Carnegie Endowment for International Peace. All rights reserved.