I debated globalisation and protectionism on BBC Radio 4′s Today programme this morning.
Fascinating piece in the New York Times
McKinsey, March 2009. Today, globalization is neither uniform nor universal. It will always be incomplete. Clearly, then, it is also reversible.
Today, globalisation is neither uniform nor universal. It will always be incomplete. Clearly, then, it is also reversible. Read my new article for McKinsey here
Ha-Joon Chang's suggestion that the world needs a dose of protectionism to tide it through the global recession is utterly misguided. Read my new article for Prospect here.
Prospect, April 2009. Ha-Joon Chang’s suggestion that the world needs a dose of protectionism is utterly misguided
I'm writing a new book, on the future of globalisation. It will look at the risks to globalisation from the ongoing crisis (such as protectionism, nationalism and political extremism) and ask what needs to change in the global economy – and what shouldn't. As with my previous books, this will involve a combination of first-hand [...]
One of the casualties when Russian tanks rolled past Gori was the beguiling “Golden Arches Theory of Conflict Prevention” proposed by Thomas Friedman, the New York Times columnist: “No two countries that both have a McDonald’s have ever fought a war against each other.” Alas, you can buy Big Macs in both Moscow and Tbilisi, [...]
I have to say a big thank you to Gene Epstein, economics editor of Barron’s, who recommends both my books as gifts "that promote thought".
This morning I spoke at a conference for economics teachers organised by tutor2u, which provides a very useful online resource for economics teachers and students. They have also published an article by me in the latest issue of their magazine, Latte. It was a great conference, with Stephen King of HSBC providing a really enlightening [...]
I debated the charge that such "sweatshops" are harming
Bangladeshi workers in a debate with John Hilary of War on Want on BBC
Radio 2′s Jeremy Vine show: Listen here
Britain’s Commission for Racial Equality is celebrating its 30th anniversary, and to mark the occasion it is organising a race convention to debate race relations and the issues that affect them.
Corporate social responsibility – it seems impossible to be against it: who wants companies to be irresponsible towards society? But words are deceptive. The premise behind CSR – that the profit motive is tainted, global capitalism is leading the world to rack and ruin, and business has a duty to give something back to society [...]
Robert Wade of the LSE wrote an article in July’s issue of Prospect alleging that Globalisation Isn’t Working. I have written a response to this, which is published today on Prospect‘s website, and which I am also publishing on here. Needless to say, globalisation is working.
Prospect, August 2006. Contrary to Robert Wade’s arguments, countries that open up their economies tend to prosper. We need to help more of them reap globalisation’s benefits
Prospect, July 2006. Shareholder capitalism finally makes it into law. And the NGO’s flawed accountability charter shows they don’t practice what they preach
In a comment on my recent post on the contribution of trade liberalisation to Asia’s success, Jim takes issue with my contention that China and India are very powerful examples of the benefits of liberalisation: before they started their reforms, growth was slow, but as they have opened up their economies, growth has accelerated. He [...]
Time is running out for the Doha Round. It’s been said so many times, but this time it really is true. To see why, count back from July 2007. That is when President Bush’s fast-track authority, which forces Congress to vote on trade deals without the possibility of amending them, is due to expire. With [...]