While there are some benefits to the free trade agreement, the UK would be better off striking a deal with its neighbours.
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Articles on Global trade
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Natural gas projects in Africa might help reduce supply shortages temporarily, but they could soon become stranded assets.
Trade regulation by rich countries against pests and disease is gradually making its way into the less developed nations. On top of safer foods, new research shows this could also bring sustainable growth.
Now is the time for African countries to start looking for African value chains or alternatives to global value chains.
Companies are moving their production back to developed countries. This is jeopardising the decades-long progress in global poverty reduction.
China is committed to becoming carbon neutral before 2060 – and producing green hydrogen is key to the plan.
The US, Japan and other wealthy G-7 nations plan to remove Russia’s status as a most-favored nation. A trade expert explains what that term means and what might happen next.
In the short term, the war is causing energy prices to soar and prompting fears of famine in some countries. In the long term, it could remake the modern global supply chain.
Research suggests that two factors are most important when making decisions on how businesses should respond to the U.S.-China trade war: location and supply chain dependence, and technology.
The proposal is likely to mean economic and diplomatic costs for Australia, and should ring alarm bells in Canberra.
Amid another flurry of U.S. protectionist measures, Canada should reconsider the value of global trade deals over bilateral agreements. But it should also support its own industries.
A group of powerful countries have agreed ‘green corridors’ for emissions-free shipping by 2025, but that’s not even half the battle.
Before the container was standardized, loading and unloading goods was very labor-intensive, inefficient and costly.
A bottleneck in the global shipping network will accelerate the move to more local production and shorter supply chains.
The Suez Canal is the ideal target for causing maximum disruption to global trade.
Whether you like it or not, the globalised world will survive Donald Trump and the pandemic.
The allure of novel goods was so strong that it triggered 1,000 years of trade and interactions among people from different places, but there were limits on globalization then that no longer exist,
In time of crisis like today, instead of blaming one another, countries should foster international cooperation.
So far, New Zealand exporters have not been affected by the trade war between the US and China, but the Hong Kong crisis could easily embroil any foreign company.
If the right changes are made today, Australia’s living standards could be up to 36% higher in 2060. This translates into a 90% increase in average wages (in adjusted, real terms) from today.
Top contributors
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Tony Walker is a Friend of The Conversation.Vice-Chancellor's Fellow, La Trobe University
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Professor of Economics, Dean of UWA Business School, The University of Western Australia
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Senior Lecturer and Co-Director, Electric Vehicle Centre of Excellence (EVCE), Cardiff University
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Professor and Distinguished Research Chair, Globalization and Health Equity, L’Université d’Ottawa/University of Ottawa
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Director, CSIRO Futures, CSIRO
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Associate Professor of Political Science, Georgia State University
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Postdoctoral Scholar in Fisheries and Environment, University of California, Santa Barbara
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Senior Lecturer in Sustainability, University of Sydney
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Lecturer East Asian and International Political Economy, University of Bristol
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Assistant Professor of German and Global Studies, Michigan State University
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Professor, Director of the Al-Sabah Programme and Joint Director of the Centre for the Advanced Study of the Arab World, Durham University
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Assistant Professor of Economics, University of California, Merced
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Professor of International Relations, Centro de Investigación y Docencia Económicas
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Senior Lecturer, History, University of Aberdeen
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Associate Professor of Economics, Dartmouth College
