Trade Wars in the Global Value Chain Era
Why trade wars are more costly than conventional wisdom would have you believe now that manufacturing to a large degree depends on global value chains.
Read more...Category Archives: Globalization
Whether It’s the New NAFTA or the Old NAFTA, It Serves the 1 Percent
By Leo W. Gerard, the international president of the United Steelworkers Union (USW). Produced by the Independent Media Institute Mick Mulvaney, a millionaire who is President Trump’s acting chief of staff and director of the Office of Management and Budget, awarded himself another job last week: spokesman for labor. Referring to the proposed new NAFTA, […]
Read more...Book Review: Chris Arnade’s “Dignity”
Chris Arnade’s 150,000-mile, multi-year photograhic journey through unthriving America—urban and rural, black and white, from Lewiston, Maine, to Bakersfield, California, with many stops in between.
Read more...Wolf Richter: Global Semiconductor Sales Plunge 24% from Peak, Deepest % Plunge since Financial Crisis, Deepest $ Plunge Ever. Here’s Why
A slew of reasons, the China debacle on top.
Read more...Midwest Flooding, the Corn and Soy Crops, and Knock-On Effects
How bad are the Midwest floods for crops? Very bad indeed.
Read more...China-Russia Partnership Threatens US Global Hegemony
America expected China to join the international economic community as a subordinate power, but China’s deals with Russia show China moving towards parity in economic and military sway.
Read more...As Developing Countries Reject Plastic Waste Exports, Wealthy Nations Seek Solutions
Chinese and emerging economy bans on accepting plastic waste exports have put the the First World in a bind. Will they quit their plastic habit?
Read more...Chinese Embargo Threats Ring Hollow—the Reason Why Lies in Rare Earths
Supply chains are multinational in scope and supply. A trade embargo is ultimately self-defeating.
Read more...Brexit Dithering
The Bexit noise to signal ratio continues to be awfully high thanks to the Tory leadership contest.
Read more...What Does It Mean to Live in a Multipolar World? We May Be About to Find Out
Possible American and EU responses to multipolar politics.
Read more...How Trump’s ‘America First’ Trade Strategy Is Accelerating America’s Decline
Why Trump ‘s narrowly nationalistic trade agenda, combined with his nostalgia for a 1950s style economy, will undermine U.S. economic prosperity and U.S. global hegemony.
Read more...China-US Trade War Heats Up: 3 Reasons It Won’t Cool Down Anytime Soon
Why the US and China are gridlocked on trade.
Read more...U.S.-China: These Are Much More Than Just Trade Talks
Gaming out what the US-China trade talks mean for US politics.
Read more...Coping With World Bank-Led Financialization
The World Bank has successfully promoted its ‘Maximizing Finance for Development’ (MFD) strategy by embracing the United Nations’ Sustainable Development Goals, internationally endorsed in September 2015.
Read more...The Effectiveness of the Global Financial Safety Net Depends on the Tools and Shocks
This column evaluates the effectiveness of the use of IMF support and foreign reserves in globally driven crises
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