Tag Archives: global trade

Bali and the WTO — Limited but Significant Success.

There was significant success at Bali yesterday. This has resulted in the ‘Bali Package’ of new global trade rules, relating to among other areas, trade facilitation. (But there was only limited success concerning agricultural subsidies because of India’s opposition.) This is … Continue reading

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Global Shipping, Global Trade & Economic Development — More Federal Money for Port Expansion?

The almost $6 billion project of expansion of the Panama Canal to handle “New Panamax” ships is scheduled for completion in 2014.  The completion of a third set of locks with deeper channels will allow much larger ships with deeper … Continue reading

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“Rules & Responsibilities” — For Corporations & Countries — A Policy Approach Long-Overdue.

     President Obama’s 2012 State of the Union Message can be summarized in part as a plea for “rules and responsibility.” If you would like this can be further summarized as an R2  approach to corporate and national governance. Unfortunately, many … Continue reading

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State Incentives & Global Trade – Poor Accountability & Corporate Welfare? — No.

Weak economic performance over the last decade has prompted states to become more aggressive in their economic development efforts to attract foreign firms, investment, and jobs. Critics argue that state incentives to attract foreign firms amount to corporate welfare. These … Continue reading

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Russia’s WTO Membership — Good for Trade? — Yes.

The 8th Ministerial Conference of the WTO meeting this week in Geneva is expected to accept Russia as a WTO Member. Interestingly, this follows close on the heels of China’s 10th anniversary of  joining the WTO. China’s accession to the WTO … Continue reading

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Presidential Politics — Forget National Security, Isn’t it all about Jobs and the Domestic Economy?

The latest WSJ / NBC poll found that 61% of Americans approve of President Obama’s handling of national security. That’s the good news. The bad news is only 6% really care and believe that national security should be the top … Continue reading

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