Salvation Army Slams New Zealand’s Loose Immigration Policy for Hurting Local Workers
Immigration is a hot topic in the antipodes too, for much the same reason as in the US….the impact on jobs and wage rates.
Read more...Category Archives: Globalization
Trump, Clinton, Obama and the TPP
How much-derided “populism” has revealed some ugly truths about the TPP, leading Clinton and Obama to try to reposition themselves.
Read more...Perfect Hindsight: on Breder Suasso of NZ and elsewhere, Global Transaction Services, of Hong Kong, Georgia (US) and London, mBank and Pekao Bank SA of Poland, and Ceska Sporitelna AS of the Czech Republic
This is Naked Capitalism fundraising week. 793 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in the financial realm. Please join us and participate via our donation page, which shows how to give via check, credit card, debit card, or PayPal. Read about why we’re doing this fundraiser, what […]
Read more...The Great Normalisation of Global Trade
Exceptionally weak global trade growth over recent years has presented a puzzle to academics and policymakers alike. This column presents a study by an expert network across European central banks which suggests that it may actually be the past strength of trade which was exceptional, rather than the subsequent slowdown. The recent deceleration of trade growth can thus be seen as a ‘great normalisation’. The important implication is that an upturn in aggregate demand will not necessarily lead to a significant recovery in global trade.
Read more...Ham-Handed Theresa May “Hard Brexit” Stance Roils UK Pols, Not Just EU
Theresa May may have thrown a spanner in the Brexit works by pushing for a xenophobic “hard Brexit”. Accident or design?
Read more...The IMF, Globalization, and All The Other Losers
A case for why the end of growth equals the end of all centralization, including globalization.
Read more...The CETA Trade Pact Will Add to the Groundswell of Discontent: Why We Need More Informed Decision-Making
Why citizens are correct to be worried about trade deals like CETA and the TTIP.
Read more...The Brexit Rupture Coming Down Under
Now that the Conservatives are showing more resolve about moving ahead with Brexit, even politicians in Australia are changing course.
Read more...Income Inequality in a Globalising World
Absolute inequality around the world has increased, challenging the purported benefit of globalization.
Read more...Backlash Against Trade Deals: The End of U.S.-Led Economic Globalisation?
Why the backlash against the overreach of US trade deals, as embodied by the TPP and TTIP, is well warranted.
Read more...Negative Effects of Immigration on the Economy
Working through explanations as to why US immigration has been negatively correlated with growth.
Read more...Wolf Richter: Why Hanjin’s Zombie Collapse Won’t Be the Last One
China Containerized Freight Index remains near record low.
Read more...Theresa May Outs Herself as Wall Street’s Poodle in Brexit Talks
It would be better if the latest Brexit news were a farce….
Read more...Trade Globalisation in the Last Two Centuries
Trade globalization started earlier than most economists realize, undermining conventional stories about how it came about.
Read more...The High Hidden Costs of Fast Fashion
Fast fashion imposes high hidden costs, especially to the environmental. Waste, pollution, and a high carbon footprint are the most serious. Consumers can make choices that mitigate some of these deleterious effects.
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