A New Assessment of the Role of Offshoring in the Decline in US Manufacturing Employment
Offshoring killed American manufacturing jobs.
Read more...Category Archives: Globalization
Brexit: According to Script
The commentariat’s Brexit predictions are playing out, sadly.
Read more...Inflation Data Shows Tariffs Are Not a Tax on Consumers but on Foreign & US Corporations
Yves here. It has been reported in venues like the Financial Times that importers who would face increased costs from tariffs on China were taking steps so as not to increase prices to customers, which includes making their suppliers give better prices and eating some costs too. With profit share at a record high level […]
Read more...It Was More Like a Couple of Asian Decades Than a Century
China’s trend rates of growth are likely to be much lower than in the past, and even that is problematic. China will remain an important Asian player, not a dominant global force.
Read more...Bretton Woods Institutions: Enforcers, Not Saviours?
The two Bretton Woods institutions the have huge credibility deficits due to the policy conditionalities and advice they have dispensed to developing countries in recent decades.
Read more...U.S. Healthcare Industry Could Be Decimated by China Trade War
One way China could mess with the US.
Read more...Australia Debates: Communist Party China the New Nazi Germany?
A row Down Under as a prominent and well placed MP says some not-nice things about China.
Read more...What Plunging Global Semiconductor Sales Says About Autos, IT & How the Economy Reacts to Uncertainties
Should you worry about the biggest fall in semiconductor sales since the Financial Crisis?
Read more...Mr. Market Swoons as Trump Administration Escalates Trade War with China With “Currency Manipulator” Charge
Markets are in a tizzy over the US-China trade row. But what might come next?
Read more...Mark Blyth’s Incisive Post-Crisis Takedown: “A Brief History of How We Got Here and Why”
Mark Blyth gives a pithy talk on the economic regimes of the modern period and what is likely to be in store.
Read more...Nobel Economist Angus Deaton: Inequality is Destroying Democratic Capitalism
Angus Deaton argues that the present level of inequality is a threat to “democratic capitalism” but contends that historically, even more severe inequality has been reversed.
Read more...‘This Is the Beginning’: New Study Warns Climate Crisis May Have Been Pivotal in Rise of Drug-Resistant Superbug
How rising temperatures helped create superbug C. auris and may turn other fungi lethal.
Read more...China: The Covert Credit Superpower
An new working paper by Sebastian Horn, Carmen Reinhart and Christoph Trebesch on China’s foreign lending has some important findings, such as that China accounts for more than 40% of the external debt of 50 developing countries. We’ve embedded the document at the end of this post. The study is an ambitious undertaking, seeking to […]
Read more...How NGOs in Rich Countries Control their Counterparts in Poor Countries..and Why they Refuse to Resolve it
Many NGOs around the world are fighting inequality between the rich and the poor, but the bigger NGOs are unwilling to fight policies that keep rich NGOs richer.
Read more...Is There a Global Future for Unions?
A personal retrospective on the forces driving the rise and decline (and hopeful revival) of unions.
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