Will Hyper-Digitization Drive The Next Industrial Revolution?

Will Hyper-Digitization Drive The Next Industrial Revolution?

photo: Ronaldo Lima, Jr. The next wave of smart technologies—from the Internet of Things and wearables to robotics, and artificial intelligence—will boost worker productivity, reinvent business, and add trillions of dollars to worldwide GDP growth. Research recently conducted by Roubini ThoughtLab and Cognizant’s Center for the Future of Work estimates that these smarter technologies will turbo-boost […]

The Trump Trade Doctrine and Bilateral Trade Balances

The Trump Trade Doctrine and Bilateral Trade Balances

photo: Gage Skidmore Trump Trade Doctrine Donald Trump campaigned against bad trade deals, and he promised to negotiate “better deals”. The exact meaning of a better trade deal for America was revealed in a document, “Scoring the Trump Economic Plan”, written by advisors Peter Navarro and Wilbur Ross. Navarro will head the new White House National […]

The 2016 Globie: “Global Inequality”

The 2016 Globie: “Global Inequality”

photo: Source Each year I name a book as the “Globalization Book of the Year” (also known as the “Globie”). The selection is a recognition of its author’s contribution to our understanding of the causes and effects of globalization. There is no money attached to the prize—recognition is the sole reward. Recent winners can be […]

Italy: Willingness to Reform Is the Issue, Not the Referendum

Italy: Willingness to Reform Is the Issue, Not the Referendum

Source Key takeaway – Italy’s prospects are lacklustre and growth is stagnant. The political system is focused on privilege preservation, fostering populist feelings. Reforms are needed but – due to a reluctant electorate and a cumbersome legislative process – are difficult to implement. Over the past three years, Renzi’s government announced many important reforms, but […]

The Electoral Consequences of Globalization

The Electoral Consequences of Globalization

Photo Source  The reasons for the election of Donald Trump as President of the U.S. will be analyzed and argued about for many years to come. Undoubtedly there are U.S.-specific factors that are relevant, such as racial divisions in voting patterns. But the election took place after the British vote to withdraw from the European […]

The New Trade Future in Asia Pacific

The New Trade Future in Asia Pacific

photo: Dirk Dallas Right after the Asian-Pacific nations embraced the dream of free trade in the regional Peru Summit, President-elect Trump buried it. Last weekend, Asia-Pacific Economic Cooperation (APEC) summit made it clear that it would move forward with trade pacts; with or without the US. Right after the Lima summit, President-elect Donald Trump unveiled his […]

After The Trump Triumph

After The Trump Triumph

photo: Gage Skidmore The Trump victory was a “stunning surprise” to Washington and mainstream media.  But it was very much in line with voter distrust in both Clintons and Washington’s ruling class. Politically, Americans are fed up. In cooperation with the Democratic National Committee, the Clinton campaign had far too cozy ties with Wall Street, neoconservatives […]

The Retreat of Financial Globalization?

The Retreat of Financial Globalization?

Eight years after the global crisis of 2008-09, its reverberations are still being felt. These include a slowdown in world trade and a reassessment of the advantages of globalization. Several recent papers deal with a decline in international capital flows, and suggest some reasons for why this may be occurring. Matthieu Bussière and Julia Schmidt of the […]

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