Hosted by Sarwar Kashmeri, the Foreign Policy Association’s Great Decisions podcast series will headline issues together with the leaders whose decisions today will mold the foreign policy of tomorrow. Each podcast will tackle a different Great Decisions topic in the 2014 series, a list of which can be found here. The Great Decisions podcasts can also be found on iTunes.
Free trade pacts are one of the more powerful tools of diplomacy. Supporters view them as one of the most effective ways to promote U.S. interests and democratic values around the world; opponents accuse supporters of glossing over the negative effects trade pacts may have.
On this episode of the Foreign Policy Association’s Great Decisions podcast series, Sarwar Kashmeri interviews Mark Zandi, chief economist of Moody’s Analytics, on the pros and cons of trade pacts, the barriers trade deals face, China’s response to the Trans-Pacific Partnership, and the shift of economic “gravity” to Asia.
Mark M. Zandi is chief economist of Moody’s Analytics, where he directs economic research. Moody’s Analytics, a subsidiary of Moody’s Corp., is a leading provider of economic research, data and analytical tools. Dr. Zandi is a cofounder of Economy.com, which Moody’s purchased in 2005.
Dr. Zandi’s broad research interests encompass macroeconomics, financial markets and public policy. His recent research has focused on mortgage finance reform and the determinants of mortgage foreclosure and personal bankruptcy. He has analyzed the economic impact of various tax and government spending policies and assessed the appropriate monetary policy response to bubbles in asset markets.
A trusted adviser to policymakers and an influential source of economic analysis for businesses, journalists and the public, Dr. Zandi frequently testifies before Congress on topics including the economic outlook, the nation’s daunting fiscal challenges, the merits of fiscal stimulus, financial regulatory reform, and foreclosure mitigation.
Dr. Zandi conducts regular briefings on the economy for corporate boards, trade associations and policymakers at all levels. He is on the board of directors of MGIC, the nation’s largest private mortgage insurance company, and The Reinvestment Fund, a large CDFI that makes investments in disadvantaged neighborhoods. He is often quoted in national and global publications and interviewed by major news media outlets, and is a frequent guest on CNBC, NPR, Meet the Press, CNN, and various other national networks and news programs.
Dr. Zandi is the author of Paying the Price: Ending the Great Recession and Beginning a New American Century, which provides an assessment of the monetary and fiscal policy response to the Great Recession. His other book, Financial Shock: A 360º Look at the Subprime Mortgage Implosion, and How to Avoid the Next Financial Crisis, is described by the New York Times as the “clearest guide” to the financial crisis.
Dr. Zandi earned his B.S. from the Wharton School of the University of Pennsylvania and his M.A. and Ph.D. at the University of Pennsylvania. He lives with his wife and three children in the suburbs of Philadelphia.