Global politics from the view of the political-economy trilemma

In recent years, political landscape has been changing drastically in many countries. In the United States, Donald Trump's administration has pushed the "America-first" agendas and prioritized the nation's interest above all else since coming to power in 2017. Regardless of existing trade or other agreements, the administration threatens trading partners with tariff increases or to walk away from negotiations if the conclusions are not favorable to the country. The administration does not shy away from trumpeting the "America First" or anti-globalization creed.

The idea of "our nation first" is not just limited to the U.S. The United Kingdom has been aiming to reclaim its national sovereignty by withdrawing from the European Union (EU). In many other countries, populist governments have arisen, both on the left and the right, touting similar slogans and advocating for de-globalization to recover the economic benefits which they claim has been exploited by foreigners.

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https://www.rieti.go.jp/en/columns/a01_0544.html

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"Phase One of the US-China Economic and Trade Agreement Realized Through Chinese Concessions
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"What changes will COVID-19 bring to the Korean economy?"
by Ji-Sang CHANG (President, Korea Institute for Industrial Economics and Trade)
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https://www.rieti.go.jp/en/papers/contribution/ito-koichiro/05.html

"Impact of Covid-19 on Taiwan's Economy and Industry"
by Chien-Yi CHANG (President, Taiwan Institute of Economic Research)
https://www.rieti.go.jp/en/special/p_a_w/156.html

"Even once the pandemic is resolved, it will not be the "end": How do we prepare for the long-term impacts?"
by NAKATA Daigo (Senior fellow, RIETI)
https://www.rieti.go.jp/en/columns/a01_0570.html

"Coping with COVID-19
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by Chi Hung KWAN (Consulting Fellow, RIETI)
https://www.rieti.go.jp/en/china/20031201.html

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"China Aiming to Issue a Central Bank Digital Currency
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"A Fourth-tier Supplier May Be a Critical Part of the Supply Chain"
by Willem THORBECKE (Senior Fellow, RIETI)
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