• 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

  • silhouetted figure watching a row of TVs.
    Commentary
    Emissary
    9/11 at 25: A Reading List for Understanding the War on Terror

    The books, podcasts, and films that explain the world it made.

      • Andrew Leber

      Andrew Leber

  • Aerial view of shipping containers at a port
    Commentary
    Emissary
    The Fallout of the U.S.–Canada Trade War Won’t Be Limited to North America

    U.S. trading partners in Asia are closely watching the dispute for signs of how it may affect their own interests.

      • Barbara Weisel

      Barbara Weisel

  • US President Donald Trump waves as he leaves after speaking at a campaign rally
    Paper
    America Walks Away from Global Democracy

    By abandoning past U.S. pro-democracy policies and adopting several lines of pro-autocratic action, the Trump administration has fundamentally repositioned the United States vis-à-vis democracy in the world.

      Thomas Carothers

  • olice officers and residents stand in front of a shopping mall while a large outdoor screen broadcasts a military welcome ceremony featuring U.S. and Chinese flags for U.S. President Donald Trump hosted by Chinese President Xi Jinping at the Great Hall of the People on May 14, 2026
    Paper
    American Power: A View from China

    Chinese strategists are once again debating whether American power is declining and whether U.S. hegemony is experiencing irreversible decay.

      Wu Xinbo

  • Trump and MBS walking across a stage
    Commentary
    Emissary
    Is the U.S.-Saudi Nuclear Deal Moving From the Gold Standard to a Gilded Standard?

    Congress should ask tough questions about the agreement’s more unique features and whether they advance U.S. interests or compromise them.

      • Jane Darby Menton

      Jane Darby Menton

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.