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looking beyond borders

foreign policy and global economy

Archive for the tag “Brexit”

Populism Spreads Across U.S., Europe But Could Halt As Economy Rallies

As the global economy picks back up, it is difficult to imagine populism maintaining momentum. A new Pew study finds, “Nearly a decade after the worst economic downturn since the Great Depression, economic spirits are reviving. … A median of 51% in the 17 advanced economies surveyed believes that their current economic situation is good, 45% think it’s bad,” and there is “strong upbeat sentiment in northern Europe.”

Read Here – The Cipher Brief

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The People Who Will Run France After Macron’s Win

After years of careful preparation and months of campaigning, Emmanuel Macron and his allies are about to take control of the euro area’s second-biggest economy. Typically associates from the elite French schools where the new president studied, or his time in government under outgoing President Francois Hollande, Team Macron were first dismissed as fantasists and then faced attacks from all sides. Now they are going to be taking decisions that will affect hundreds of billions of dollars in global trade from energy to finance and defense.

Read Here – Bloomberg

Understanding The U.K.’s Strange Singapore Envy

The New Singapore idea seems to be mainly that leaving the EU will allow the U.K. to cut taxes and roll back regulations, positioning itself as a free-market oasis just off the coast of Europe.

Read Here – Bloomberg

From Great Britain To Little England?

British Prime Minister Theresa May blinked more than once as she prepared to invoke Article 50 of the Treaty of Lisbon and initiate Britain’s exit from the European Union. According to May, Brexit will transform the United Kingdom into what she calls “Global Britain.” But what lies ahead is really anyone’s guess. The UK has long been shorn of its empire; now it will be shorn of Europe, too.

Read Here – Project Syndicate

The Last Hollow Laugh

This year marks the 25th anniversary of Francis Fukuyama’s The End of History and the Last Man (1992). Rarely read but often denigrated, it might be the most maligned, unfairly dismissed and misunderstood book of the post-war era. Which is unfortunate for at least one reason: Fukuyama might have done a better job of predicting the political turmoil that engulfed Western democracies in 2016 – from Brexit, to Trump, to the Italian Referendum – than anybody else.

Read Here – Aeon

Can Trump Win Friends And Influence People?

With Britain poised to quit the European Union, Prime Minister Theresa May needs all the friends she can get. That helps explain her visit Friday to the White House, President Donald Trump’s first from a foreign head of state. The question is, what’s in it for him?

Read Here – Bloomberg

Prime Minister Narendra Modi At The Second Raisina Dialogue

The world needs India’s sustained rise, as much as India needs the world. Our desire to change our country has an indivisible link with the external world. It is, therefore, only natural that India’s choices at home and our international priorities form part of a seamless continuum. Firmly anchored in India’s transformational goals, Modi says at the opening of the Second Raisina Dialogue.

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Trump And The Political Economy Of Liquidity Traps

Escaping the liquidity trap means engineering a dramatic rise in expectations for future demand growth. It means a clear departure from past practice: a regime change. And whether the tool used to engineer the shift in expectations is monetary or fiscal, it cannot occur without strong political support.

Read Here – The Economist

Populism On The March: Why The West Is In Trouble

Trump is part of a broad populist upsurge running through the Western world. It can be seen in countries of widely varying circumstances, from prosperous Sweden to crisis-ridden Greece. In most, populism remains an opposition movement, although one that is growing in strength; in others, such as Hungary, it is now the reigning ideology. But almost everywhere, populism has captured the public’s attention.

Read Here – Foreign Affairs

Trump Victory Threatens A New World Disorder As Putin Looks On

Brexit was the warm-up. With the election of Donald Trump, the populist tide sweeping developed economies has now overtaken the world’s most powerful democracy. What exactly that means for the rest of the world depends upon just how serious the real estate developer and reality TV star was about his campaign pledges. Those ranged from triggering trade wars, to undermining the North Atlantic Treaty Organization, to stoking a new nuclear arms race.

Read Here – Bloomberg

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