International Trade Is Back, But Not For All

International merchandise trade is booming. Exports of many countries are growing at double digit rates and global trade has already surpassed the pre-pandemic levels of 2019. However, the global trade recovery hides an important asymmetry: small economies and the poorest countries are falling behind. Their recovery is not yet in sight. Read More Here

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A Hobbled Recovery Along Entrenched Fault Lines

The global recovery continues but momentum has weakened, hobbled by the pandemic. Fuelled by the highly transmissible Delta variant, the recorded global COVID-19 death toll has risen close to 5 million and health risks abound, holding back a full return to normalcy. Pandemic outbreaks in critical links of global supply chains have resulted in longer […]

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Why Nobody Invests In Japan

In a typical rich country, 80 percent of inward FDI takes the form of mergers and acquisitions (inbound M&A)—but in Japan, it’s only 14 percent. Total inward FDI is meager mainly because inbound M&A is so small. Read More Here

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The Myth Of Green Capitalism

It is perfectly understandable that major corporations and private financial institutions would rally behind new disclosure standards and other market-based measures to address climate change. It is an approach that allows the owners of capital yet another way to avoid a real reckoning.

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