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How will the upcoming presidential election in the United States fundamentally affect not only the American but also the global economy? What is the current situation in the world and what does Europe and the Czech Republic need to strengthen their competitiveness? We answered these questions in the new episode of my podcast with economist Jan Švejnar, professor at Columbia University, founder of Prague's CERGE-EI and chairman of its executive and supervisory committee. This podcast was recorded with the support of the European People's Party.