How Europe Will Fail to Address the Migration Crisis in Early 2016
Explaining the reasons for Europe’s gridlock on its migration crisis.
Read more...Category Archives: Globalization
Robert Reich: Why the White Working Class Abandoned the Democratic Party
The history of the political calculus that led the Democratic Party to turn its back on its traditional base, the working class, and how that’s coming back to bite now.
Read more...Lost in Assumptions: Assessing the Economic Impact of Migrants
Yves here. This post is more important than it seems for several reasons. First, it reveals one of the dirty secrets of modeling: if you tweak assumptions within plausible ranges, you can come up with wildly different outcomes. Second, it identifies what some of these assumptions are in the now-hot-topic of whether letting more migrants […]
Read more...New Paper Makes Powerful Case Against Tax Treaties
Why tax treaties are a gimmie to multinationals and a poisoned chalice for developing countries.
Read more...The Deeper, Uglier Side of TPP
A good, high level discussion of the dangers of the investor state dispute settlement process in the TPP and the TTIP.
Read more...The TPP as a Set of International Economic Rules
An agreement on the Trans-Pacific Partnership has finally been reached, but the full text of the agreement has not been released yet. This column looks at the new set of rules comprising the TPP and whether it deserves to be called a ‘21st century free trade agreement’. It argues that the success or failure of the 12-country pact rests ultimately on the dispute settlement procedures.
Read more...China’s Contradictory Aims, Greater International Role Versus Domestic Economic Control, HIt Breaking Point
China appears to be in denial that it can’t have more open financial markets and maintain the same degree of control over the economy that it once enjoyed.
Read more...TTIP and Climate Change: Low Economic Benefits, Real Climate Risks
The TTIP could jeopardize the ability of the European Union and the United States to put in place the proper regulations to meet climate targets.
Read more...Identifying Vectors Influencing China’s (and International) Markets
A list of some of the factors driving the recent market upheaval in China. Readers will hopefully add to and refine this compilation.
Read more...Michael Hudson: The Top Three Economic Stories of 2015
Yves here. I beg to differ a tad with Hudson in this Real News Network video regarding his third economic story. The US had already pushed Europe to side with it against Russia when it hit Russia with economic sanctions. The US had similarly declared an economic war of sorts against China with its “pivot […]
Read more...Matthew Cunningham-Cook: Five Reasons Tariffs Are Great
Saying tariffs could be a good thing is close to a taboo in economics. Is that distaste justified?
Read more...Capitalism – Not China – Is to Blame for the Current Global Economic Decline
Capitalism’s “recovery” now proceeds like another speeding train headed toward contradiction and catastrophe.
Read more...America’s Double Standard on Trade
Quelle surprise! The US fell all over itself to give Japan breaks on agricultural trade to cinch a TPP deal. But developing countries? Fuggedaboudit.
Read more...Oxford City Football Club and its Onanistic Owner, Thomas Guerriero
Let’s start our latest illustration of how easily a reckless, internationally mobile crook can sidestep national regulators, with a helpful observation by Bess Levin at Dealbreaker in May 2010: Let it be known: if you are not interested in having your supervisor (circle all that apply:) send you videos of himself masturbating, texts about the […]
Read more...Michael Hudson: The IMF Changes its Rules to Isolate China and Russia
How the West is deploying the IMF to fight the nightmare scenario of US geopolitical strategists: foreign economic independence from the US.
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