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Articles on Global trade

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In 2020, desert locus plague of biblical proportions darkened skies over the Horn of Africa. In part it was caused by high rainfall and flooding in areas usually spared by the insect. AFP

How trade regulations may be opening up a new era of sustainable growth in the Global South

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.
Tesla vehicles are parked outside of a building during a meeting between Tesla CEO Elon Musk and Chinese Premier Li Keqiang in Beijing in 2019. Tesla is a company with both high reliance on North American technology and Chinese supply chains. (AP Photo/Mark Schiefelbein)

How companies should respond to U.S.-China tensions and global supply chain disruptions

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.
U.S. President Joe Biden shakes hands with Prime Minister Justin Trudeau as they meet in the Oval Office of the White House on Nov. 18, 2021, in Washington. (AP Photo/Evan Vucci)

Canada should look inward to address American protectionism

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.
‘The Meeting of Two Worlds,’ a sculpture at L'Anse aux Meadows, commemorates the meeting of Vikings and Native Americans around the year 1000. D. Gordon E. Robertson/Wikimedia Commons

Globalization really started 1,000 years ago

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,
While tariffs have a direct impact on exporters in the US and China, third-party countries like New Zealand are more affected by non-tariff barriers. EPA/Aleksandar Plavevski

NZ remains unscathed by US-China trade war, but that’s no reason for complacency

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.
Australia’s future prosperity will require bold action on a number of fronts and a deliberate commitment to careful and considered long-term thinking. Hendra Pontomudis / unsplash

It’s time for Australia to commit to the kind of future it wants: CSIRO Australian National Outlook 2019

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.

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