The US economy in the context of presidential elections

The seventh issue of Contemporary World Economy is fully devoted to the United States and is relevant in connection with the presidential elections held in this country in November 2024. The team working on the issue wanted to give the quickest but comprehensive response to the reader’s interest in the US and provide him/her with information about substantive socio-economic issues at a time when political issues are covered and analyzed by the media and political commentators much faster than by quarterly publications.

The issue is opened by Leonid Grigoryev (HSE University) with a review of key parameters of the US economy against the background of the economies of other leading countries of the world.

Brazilian economist Renato Flores (FGV) examines the different issues and limits involved in the process of replacing the US dollar in a sizeable share of international transactions.

Dzhanneta Medzhidova (World Bank Group) identifies changes in the structure of US liabilities and assets in three key periods: 2000-2007, 2007-2019, and 2019-2023 in the context of global processes and the country’s monetary policy.

Natalia Petrovskaya (Georgy Arbatov Institute for US and Canada Studies) assesses the dynamics of political activity of different ethnic groups and confirms the need to adapt traditional political approaches to new demographic realities and changing preferences of the electorate.

Expert Ekaterina Kheifets discusses the formation, current state and trends in the development of the fuel and energy sector in the United States.

Expert Marianna Esayan emphasizes the instability of federal climate policy and demonstrates that the situation with greenhouse gas emissions and renewable energy development differs at the state level.

The editorial team also prepared an overview of the scientific seminar “Fundamental Socio-Economic and Demographic Shifts in the United States: Effects for Policy,” which was hosted by the Faculty of World Economy and International Affairs of the HSE University on 31 May 2024.