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An economic interpretation of history suggests that war is a continuation of economic rivalry in pursuit of the object of desire in economics – economic rent. For the Middle East, competition for control of its vast oil reserves subjected it to the “natural resource curse” of...
Persistent link: https://www.econbiz.de/10014358163
The trade war between the United States and China is generating significant costs; it is rooted in the technological revolution based on big data, artificial intelligence and machine learning, which create the grounds for strategic trade and investment policies and geostrategic rivalry; and...
Persistent link: https://www.econbiz.de/10012896736
China appears to have been surprised by the sharp escalation of its rivalry with the United States into a full-blown trade war – and also to have initially mis-read the situation as one it could dispose of by writing a cheque before getting on with business as usual. I argue that there are...
Persistent link: https://www.econbiz.de/10012898014
China continues to grow in strategic importance for Canada and the world as a trade and innovation partner. China features untapped growth potential from internal integration and is underwriting East Asian regional integration through initiatives such as the One Belt – One Road trade corridor,...
Persistent link: https://www.econbiz.de/10012964653
Taiwan has indicated its interest in joining the Trans-Pacific Partnership Agreement. In this report, we evaluate the implications of Taiwan's accession for the United States to inform the negotiation process. We consider the sectoral export prospects for U.S. industry and provide estimates of...
Persistent link: https://www.econbiz.de/10013030030
Persistent link: https://www.econbiz.de/10009513761
The US-China trade deal has received at best a lukewarm initial reception from the trade policy community. China is to buy US$ 200 billion of US goods and services per annum in 2020 and 2021 above 2017 baseline levels; the US lowers tariffs by 7.5% on imports from China of US$120 billion of...
Persistent link: https://www.econbiz.de/10012843695
Economic integration is evolving rapidly in East Asia, driven by a multitude of factors. The most important of these has been the entrenchment of China in the global division of labour and its increasingly important role as an independent engine of growth in the global economy. Business-led East...
Persistent link: https://www.econbiz.de/10013144039
In the advanced economies, services and intellectual content – the so-called “new economy” – have accounted for an increasing share of output, with a resulting decline in material inputs. While this was partly enabled by the transfer of the weightier parts of production to developing...
Persistent link: https://www.econbiz.de/10013144965