Category Archives: Globalization and Trade

Behind China’s $1 Trillion Plan to Shake Up the Economic Order – The New York Times

“VANG VIENG, Laos — Along the jungle-covered mountains of Laos, squads of Chinese engineers are drilling hundreds of tunnels and bridges to support a 260-mile railway, a $6 billion project that will eventually connect eight Asian countries. Chinese money is … Continue reading

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The Workers Who Regret Trump’s Scrapping of a Trade Deal – by Neil Gough – NYT

“HO CHI MINH CITY, Vietnam — Do Thi Minh Hanh, a labor activist, had grown accustomed to being beaten, hospitalized and jailed for her work in a country where independent trade unions are banned. So it gave her hope for … Continue reading

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What Is TPP? Behind the Trade Deal That Died – The New York Times

“Today, the United States and most developed countries have few tariffs, but some remain. The United States, for example, protects the domestic sugar market from lower-priced global suppliers and imposes tariffs on imported shoes, while Japan has steep surcharges on … Continue reading

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A Concerned Citizen’s Plea to America’s Business Leaders – by Tom Friedman – NYT

“. . . And while we’re talking dangerous, why are there record numbers of migrants flooding out of sub-Saharan Africa, the Mideast and Central America, trying to get into Europe and America? Two big reasons are droughts and population explosions. … Continue reading

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Making the Rust Belt Rustier – by Paul Krugman – The New York Times

Originally posted on Inconvenient News .Wordpress.com:
“What Reagan did do, however, was blow up the budget deficit with military spending and tax cuts. This drove up interest rates, which drew in foreign capital. The inflow of capital, in turn,…

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A Little-Noticed Fact About Trade: It’s No Longer Rising – The New York Times

“The constant flow of goods from Asia to the United States was briefly interrupted last month after Hanjin, the South Korean shipping line, filed for bankruptcy, stranding several dozen of its cargo ships on the high seas. It was a … Continue reading

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The Right Asian Deal, By Roger Cohen – The New York Times

“HO CHI MINH CITY, Vietnam — An American who has been a resident here for a few years said to me the other day: “You know, they still look at us here the way we want to be looked at. … Continue reading

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Trade and Tribulation. by Paul Krugman –  The New York Times

“To make sense of the debate over trade, there are three things you need to know.The first is that we have gotten to where we are — a largely free-trade world — through a generations-long process of international diplomacy, going … Continue reading

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What Donald Trump Gets Pretty Much Right, and Completely Wrong, About China – The New York Times

“If there is one thing Donald Trump seems sure about, it is that the United States is getting a raw deal from China.To people who spend time studying the United States’ economic relationship with China, Mr. Trump’s accounting of its … Continue reading

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What’s Our Duty to the People Globalization Leaves Behind…. nytimes.com|By Steven Rattner

This is one of the most important new pieces of information I’ve learned in a long time. Here is Steve Rattner explaining globalization’s downside. “A FEW days ago, I visited the shiny headquarters of the Peterson Institute for International Economics … Continue reading

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