Global Economics
Next Entries »Ideas for the G20′s agenda on the Global Economic Crisis
Sunday, February 1st, 2009In April, the leaders of the G20 group of countries will meet again in London to discuss responses to the global economic/financial crisis which is still unravelling. Dani Rodrik’s Blog links to an interesting new initiative: the Global Crisis Debate – a partnership between the VoxEU website and the UK government aimed at generating ideas [...]
Asian Monetary Fund?
Thursday, December 18th, 2008Apparently the 10 countries of ASEAN are ready to set up an Asian Monetary Fund – an idea which has been floating around since the 1997-8 Asian Financial Crisis. AFP is reporting that an “AMF” worth $120 billion will be set up at a regional meeting in February. The idea for an AMF emerged after [...]
FTAs Badly Failing Australia
Thursday, December 11th, 2008The Australian Parliamentary Library has released a Background Note analysing Australia’s bilateral Free Trade Agreements (FTAs) which shows how clearly destructive they have been (although the analysis is only from an economic perspective). It starts by noting that FTAs aren’t really that much about trade anyway: Research suggests that FTAs offer little in the way [...]
Globalisation & the Decline of the Welfare State
Thursday, December 4th, 2008Dani Rodrik points to some interesting economic research which “suggests that as technological progress and multilateral trade liberalisation have made borders less of a barrier to economic activity, the scope of redistribution policies has become smaller.” Apparently there is a correlation between a more open economy and lower spending on social welfare programs. This makes [...]
Do tariffs matter any more?
Thursday, December 4th, 2008Martin Feil has an interesting article in The Age today criticising “free trade” as not particularly free. he argues that The global industry protection policy development of the past 30 years has moved light years away from tariffs and has extended into the much broader arena of every other form of government assistance. Our government [...]
End of Globalisation?
Wednesday, October 22nd, 2008I thought it would be great to start off this blog with a discussion about whether the current financial crisis means that we’re seeing the end of globalisation, or at least of neoliberalism – the economic philosophy which has driven economic globalisation for the last 30-odd years. Back in 2005, Canadian intellectual John Ralston Saul [...]
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