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Global Economy

This tag is associated with 13 posts

The Next Wave of Globalization Must Focus on Labor Rights

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One of the defining themes of the first half of this century will be the conflict between an increasingly globalized world of multinational corporations, borderless finance, worldwide supply chains and frontier-less consumer markets versus defendants of traditional national sovereignty fighting against the erosion of state power and the control that this had afforded to ordinary […]

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“Creditors Stumble into New Black Hole at Energy Giant Abengoa” by Don Quijones

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The article is reprinted with permission of the author. The views expressed are exclusively those of the author and are not necessarily endorsed by Common Sense.   By Don Quijones, Spain & Mexico, editor at Wolf Street. May 10th, 2016 Over a month ago, it seemed that Abengoa, the global renewables giant headquartered in Spain, that […]

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Brazil Is In Freefall

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This was supposed to be a triumphal year for Brazil and its President, Dilma Rousseff. The first woman to be elected to that office, Mrs. Rousseff was the protégé and successor to the popular Luíz Inácio (Lula) da Silva; she had inherited in 2011 a government with sound finances, a burgeoning middle class and the […]

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“A Crisis Worse than ISIS? Bail-Ins Begin” by Ellen Brown

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The article is reprinted under a creative commons license from the original article. The views expressed are exclusively those of the author and are not necessarily endorsed by Common Sense.   While the mainstream media focus on ISIS extremists, a threat that has gone virtually unreported is that your life savings could be wiped out […]

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How the European Union Really Works by Der Spiegel

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Originally “How the Benelux Blocked Anti-Tax Haven Laws” by Markus Becker, Peter Müller and Christoph Pauly. The article is reprinted with permission of the author. The views expressed are exclusively those of the author and are not necessarily endorsed by Common Sense.   Internal European Union documents seen by SPIEGEL clearly show how Luxembourg’s government, under […]

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China’s Two Child Policy: Too Little, Too Late?

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On Thursday, the Chinese Communist Party announced that it would abandon the 35-year old One Child Policy[1]. Instituted in 1978 by Deng Xiaoping in the wake of the Cultural Revolution, the policy was a “rational” effort to assist industrialization, modernization and to reduce rural poverty by limiting the number of new peasants being born every […]

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The Anatomy of Anti-Corruption by Reva Bhalla

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The Anatomy of Anti-Corruption is republished with permission of Stratfor. The views expressed are exclusively those of the author and are not necessarily endorsed by Common Sense.   The tradition of abusing political power for personal gain goes back to antiquity, as does the debate over whether corruption is a necessary cultural vice in a country’s […]

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The World Has Moved On

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 We live in a world convulsed by great, and seemingly increasing, instability. Thanks to the delights of 24-hour news channels, we also have legions of analysts and experts to dissect in painful and often erroneous detail the ills of the day. The trivialization of news, the explosion in amount of “information”, the disappearance of traditional forums […]

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Happy Days (Are Here Again?)

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Anyone reading the headlines of a major world newspaper would think that the worst is over for the global economy. In Europe, the Greek haircut has been “successfully” carried out and bond prices have fallen from the red zone of the fourth quarter last year. The US economy keeps adding jobs while the housing market […]

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Take action on pending Free Trade Agreements!

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http://www.brookings.edu/papers/2011/07_trade_accords_cardenas_meltzer.aspx Congress has three critical free trade agreements pending votes: with South Korea, Colombia, and Panama. All three have been painstakingly negotiated over a period of years, starting with the Bush Administration, and all have the support of the Obama Administration. Furthermore, all bring important economic and strategic benefits to the United States. The US-Korea FTA […]

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“Our obligations to our country never cease but with our lives.“

John Adams

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