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April 6, 2017

China
RMB Globalization, Once "Unstoppable," Heads Into Reverse

    “The globalisation of the [Chinese RMB] seems remorseless and unstoppable,” the Economist pronounced in April 2014.  A year later, a research-grant foundation asked me (Benn) to review …

RMB Globalization, Once "Unstoppable," Heads Into Reverse

June 14, 2024

Labor and Employment
Labor Unions Are Getting Stronger. What Does That Mean for the U.S. Economy?

Organized labor saw a historic resurgence in activity in 2023. Shifting U.S. trade policy under both Presidents Donald Trump and Joe Biden could continue to prioritize workers regardless of who wins …

June 19, 2024

RealEcon
Trade Isn’t Great Retail Politics for Either Party

Democrats and Republicans have failed to tell a compelling story about trade. The door is open for a new narrative.

Democratic Mule and Republican Elephant statues symbolize American 2-part Political system in front of Willard Hotel.

June 21, 2024

Trade
What Are Tariffs?

U.S. Presidents Trump and Biden have both turned to tariffs to support local industries amid economic confrontation with China. Here’s how these taxes work and how they’ve been used historically.

A red-helmeted worker lays steel at a factory.

March 30, 2007

Emerging Markets
Reverse globalization

The phrase the “uphill flow of capital” seems to have caught on.  It is a vivid way of describing a world where poor countries finance rich countries.   Or, a bit more accurately, China and some no-l…

December 28, 2012

Sub-Saharan Africa
Nigeria: What if Globalization Reverses?

This is a guest post by Jim Sanders, a career, now retired, West Africa watcher for various federal agencies. The views expressed below are his personal views and do not reflect those of his former e…

 People protest on a street in Kano before the suspension of a nationwide strike by labour unions 16/01/2012.