Category Archives: Globalization

Don’t Depend on Wall Street for Renewable Energy Investment

Why Big Finance is part of the energy problem, not the solution.

The Impact of the New Asian Trade Mega-Deal on the European Union

Even though the econnomic impact ot the new Asian trade pact seems limited, Europeans see it as a geopolitical Big Deal.

COVID-19 Compounding Inequalities

The COVID-19 crisis may worsen inequality and push more than 70 million people into extreme poverty, according to the United Nations.

Is Development for the World Bank Mainly Doing Business?

The World Bank finally gives up defending its controversial but influential Doing Business Report. It’s about time.

2020 “Globie”: The Carry Trade

A recent book focuse on the role of the carry trade in increasing financialization and instabilty.

What Did You Miss While You Were Following the US Elections?

Since the US elections weren’t the only recent event of importance, an international news smorgasbord.

Michael Hudson on Financialization and Deindustrialization

Michael Hudson on how Trump’s policies have not addressed the fundamental forces that gutted industrial jobs under the both parties

Outsourcing: A Personal Window on the Rise of Grifting

Some vignettes from the rise of outsourcing.

Trump or Biden, Trade Deals Still Threaten Britain’s NHS

Regardless of who wins the US presidential election, Britain will be hard pressed to protect the NHS from higher drug prices.

Indian Pharma is Being Squeezed – and It’s Bad News for Drug Access in Developing Countries

The role of Indian pharma in ensuring access to low-cost drugs is important during the age of COVID-19, and not only for developing counries.

To Beat China, US Should Tax Ray Dalio Out of Existence

A recap of the recent China “Bund Summit,” which included discussion of China’s continuing need for foreign capital.

Shipwrecked by Rents

The costs of imperial rent-seeking.

Brexit: Standoff

Will Johnson pull the Brexit plug today, or decide to fight another day?

EU Wins WTO Ruling on Boeing Subsidies, Following WTO Ruling for the US on Airbus Subsidies. Tariff War On?

WTO rulings on tit-for-tat aircraft manufacturer disputes look likely to produce dueling tariffs at least in the near term.

What Should Europe Expect from American Trade Policy After the Election?

Biden promises to go back to an old normal. But how realistic is that on the trade front?