Online launch webinar

Wednesday, 18 June 2025
09:00 - 10:30 PDT (Los Angeles)
12:00 - 13:30 EDT (Washington)
17:00 - 18:30 BST (London)
18:00 - 19:30 CEST (Paris)

 

The Economic Consequences of the Second Trump Administration: A Preliminary Assessment delivers a timely, expert analysis of the economic shifts unfolding following President Trump’s return to office. Amid sweeping tariffs, sharp breaks in global alliances, assertions of presidential supremacy, government downsizing, deregulation, and risks to the rule of law, this volume offers thoughtful, evidence-based insights into how these policies may affect growth, trade, investment, inflation, stability, and the role of the dollar.

 

The Rapid Response book draws on contributions from global experts assessing both domestic and international consequences. Their preliminary assessments are clear: heightened uncertainty, lower economic growth, and risks in the long run to U.S. economic leadership and the multilateral order.

 

Accessible yet deeply informed, this volume is essential reading for anyone seeking to understand how President Trump’s second term is reshaping the economic trajectory of the United States and the rest of the world.
 

Join Gary Gensler, Simon Johnson, Ugo Panizza and Beatrice Weder di Mauro and CEPR's chair, Sir Charles Bean, for the online launch of the book, which is planned for publication on Wednesday 18th June.

 

If you are in London, we are also organising an in-person discussion of the book on Monday 23rd June,  with Simon Johnson, Beatrice Weder di Mauro and chapter author Ethan Ilzetzki. Please review the in-person invitation and registration details here.

London (in-person)
Monday, 23 June 2025
11:45-14:00 UK Time

Press enquiries for the in-person or online event can be sent to [email protected]

Charles Bean is a Professor of Economics at the London School of Economics and Chairman of the Centre for Economic Policy Research. Between 2016 and 2021, he was also an executive member at the Office for Budget Responsibility. From 2000 to 2014, he served at the Bank of England as, successively, Executive Director and Chief Economist, and then Deputy Governor for Monetary Policy, in which capacity he was a member of the Monetary Policy and Financial Policy Committees. Before joining the Bank, he was a member of faculty at LSE and was Managing Editor of the Review of Economic Studies; he has also worked at HM Treasury. He was President of the Royal Economic Society from 2013 to 2015 and was knighted in 2014 for services to monetary policy and central banking. He holds a PhD from MIT.

Gary Gensler is Professor of the Practice of Global Economics and Management as well as of Finance at the MIT Sloan School of Management. He conducts research and teaches on artificial intelligence, finance, financial technology, and public policy. Gensler most recently served as the 33rd Chair of the Securities and Exchange Commission during the Biden Administration. He led the agency through a robust reform agenda to enhance efficiency, resiliency, and integrity in the $120 trillion U.S. capital markets. Previously, Gensler served as Chairman of the Commodity Futures Trading Commission in the Obama Administration, leading reform of the $400 trillion swaps market. He also served as Under Secretary of the Treasury for Domestic Finance, and Assistant Secretary of the Treasury during the Clinton Administration as well as Senior Advisor to Senator Paul Sarbanes in writing the Sarbanes-Oxley Act (2002). He also was Chairman of the Maryland Financial Consumer Protection Commission (2017-2019).

Simon Johnson is the Ronald A. Kurtz (1954) Professor of Entrepreneurship at the MIT Sloan School of Management, where he is head of the Global Economics and Management group. At MIT, he is also co-director of the Shaping the Future of Work Initiative and a Research Affiliate at Blueprint Labs. In 2024, Johnson received the Sveriges Riksbank Prize in Economic Sciences in memory of Alfred Nobel, joint with Daron Acemoglu and James A. Robinson, “for studies of how institutions are formed and affect prosperity.” In 2007-08, Johnson was chief economist and director of the Research Department at the International Monetary Fund. He currently co-chairs the CFA Institute Systemic Risk Council with Erkki Liikanen. He is a Research Associate at the NBER and a Fellow at CEPR.

Ugo Panizza is Professor of Economics and Pictet Chair in Finance and Development at the Geneva Graduate Institute where he also serves as head of the Department of Economics. He is a Vice President and Fellow of CEPR and Fellow of the Fondazione Einaudi, Director of the International Center for Monetary and Banking Studies, Editor in Chief of Oxford Open Economics, and deputy director of the Center for Finance and Development.  Before joining the Graduate Institute, he was Chief of the Debt and Finance Analysis Unit at the United Nations Conference on Trade and Development (UNCTAD) and a Senior Economist at the Inter-American Development Bank. He also worked at the World Bank and taught at the American University of Beirut and the University of Torino.  He holds a PhD in Economics from the Johns Hopkins University and a Laurea in Political Sciences from the University of Torino.

Beatrice Weder di Mauro is the President of the Centre for Economic Policy Research (CEPR) and holds the André Hoffmann Chair of Economics, Climate, and Nature Finance at the Geneva Graduate Institute. Previously, she was a Research Professor at INSEAD Singapore (2015–2022) and a Professor of Economics at Gutenberg University of Mainz in Germany. From 2004 to 2012, she was a member of the German Council of Economic Experts. She continues to advise governments, international organizations, and central banks, including the European Commission, the governments of Germany and Switzerland, the ECB, Deutsche Bundesbank, and the IMF. She has served on the boards of major global companies such as Roche, UBS, and ThyssenKrupp, and currently sits on the boards of Unigestion and Bosch. Her research focuses on macroeconomics, financial crises, and climate and nature finance.