Best of three scenarios for world trade

International trade is in trouble after the global financial crisis and, with the new Trump administration, the world faces a protectionist onslaught. As a result, there are three ways that international trade can go from here — one considerably...

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Five key lessons for city competitiveness

More than ever, cities are the lifeblood of the global economy, and increasingly determining the wealth of nations. Productive policy innovation is taking place in cities, more often than in the halls of national governments or international forums such...

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ASEAN in a Mega-Regional World

In trade policy the negotiating action is now in “mega-regionals” – big-block trade agreements revolving around one or more major powers. ASEAN is involved in two, the American-led Trans-Pacific Partnership (TPP) and the Chinese-led Regional Comprehensive Economic Partnership (RCEP)....

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The World Economy After Davos

Two thousand five hundred participants, protected by 4000 Swiss troops, gathered in Davos in late January to chew the cud on all matters “global”. The mood reflected the clear blue sky above the snow-capped peaks. The chatter was mostly...

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Economic Freedom and the Asian Century

That Asia is set to overtake the west as the engine room of the global economy is accepted conventional wisdom. But once the pack leaders approach the technology and efficiency frontier, currently occupied predominantly by Western economies, what will...

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Euro’s end inevitable but need not be a calamity

One of the dreadful errors of the EU elite is not to have a Plan B. A sensible Plan B would smooth the transition to post-euro currency arrangements, protect the real gains of the single market, proceed with long-delayed...

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