In The News

Arafat-Al-Yeasin November 13, 2019
The recent embrace of populists and protectionism reflects an overall decline in trust and worries about trade and differences in general. “Unemployment, relocation, poverty, and inequality -- for many people, these are the consequences of a process of global integration, which more and more think has gone too far,” writes Arafat-Al-Yeasin for the Dhaka Tribune. Globalization is the scapegoat,...
Neil Shearing October 24, 2019
Globalization and increased connections through trade, travel, education and more has shaped the world in recent decades, reducing interest rates, costs and inflation. “The integration of several billion workers into the global economy has pushed down labor’s share of income and pushed up the share flowing to company profits,” explains Neil Shearing for Barron’s. “The latter has provided an...
Allan Golombek October 3, 2019
President Donald Trump emphasized national interests, sovereignty and pride in his remarks before the UN General Assembly. Nations that avoid trade, though, could be at a disadvantage, explains Allan Golombek for RealClearMarkets. “Trade is the glue that largely holds together and fortifies the global economy,” he writes. “Unravel it, and the impact makes itself known – quickly.” With rising...
June 4, 2019
This decade has witnessed a strengthening of economic ties between a number of Middle Eastern countries and China. While previously the Middle East was seen primarily as a petrol station, explains the Economist, with nearly half of China’s oil supplied by Arab countries and Iran, there was little direct foreign investment. The Economist reports that since 2010, Chinese investment has skyrocketed...
Noah Smith May 22, 2019
Productivity growth is slowing down in the United States, part of a global trend, reports Noah Smith for Bloomberg. Comparing how much workers produce across countries is difficult because of variances in data reporting. Economists have long credited technological and organizational changes for rising productivity, but Smith suggests reduced globalization may also be a factor. “From 1993 to 2008...
April 24, 2019
China and India at times engage in a process of mythmaking and historical erasure in championing their thousands of years of history. A recent article for the Economist observes, “Nowhere more than in Asia do states and their rulers tend to think they represent not just, say, defined territories or peoples with a shared language, but rather whole civilizations, often cosmically ordained.” However...
Avi Salzman and Nicholas Jasinski March 18, 2019
The bout of protectionism and transactional approaches to trade will linger even after China and the United States reach a trade agreemen. “Globalization is being overwhelmed by populism, nationalism, and protectionism,” explain Avi Salzman and Nicholas Jasinski for Barron’s, adding that globalization has long moved in cycles and is “no longer the dominant force.” Trade growth has slowed,...