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All items tagged economic policyGlobal Must Read ArticlesOctober 16, 2008 | Chinese and Western Economies Increasingly AlikeWhen it comes to the economy, the West and China are becoming more and more alike. ++ The Chinese are moving towards private ownership and crave the kind of dynamism that only a capitalist system can provide. ++ Western economies, on the other hand, are only capitalist in name. ++ They don’t trust the free market anymore; they want a safety net in case of an economic slowdowns or crunches, ... MoreAugust 13, 2008 | The Rich Must Get out of the Economic Driver's SeatThe financially emerging world cannot be ignored by rich nations in economic negotiations. ++ Because emerging nations play an increasingly large role in world consumption and growth, the G7/G8 is not the appropriate forum for macro-financial matters any more. ++ To prevent enduring global instability, exchange rate provisions and their repercussions in global macroeconomic supervision must be ... MoreAugust 5, 2008 | "Ending the Silent Russian-European War"The relations between Russia and the EU are shaped by mistrust which poses a threat to trade and investment between both regions. ++ Although they still rely on each other economically - especially Russia whose economy depends on oil and gas exports - EU-Russian trade finds itself in an impasse. ++ Russia must diversify its business and reduce state-control. ++ Moscow and Brussels have to work ... MoreMay 28, 2008 | Free Trade Mantra Falling on Millions of Deaf EarsWhy do free trade promoters believe they can convince the “Joe Sixpacks” of the world that temporary, however painful, economic adjustments will lead to overall gain? ++ This argument requires a trustworthy system of redistribution, which the US lacks. ++ Convincing today’s losers that tomorrow’s winners will be numerically greater enters philosophical territory, perhaps ... MoreMay 26, 2008 | McCain is a Better Choice for EuropeEuropeans’ support for Obama based solely on his Democratic credentials ignores his resistance to free trade which is something on which Europe depends. ++ “His ‘Invest in America’ policy can hardly be topped as protectionist mindset, and his ‘Fair Trade’ policies would lead to a restriction of world trade.” ++ Despite looming years of economic austerity and the US’s loss of power, both Clinton ... More |
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