Protectionism

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Is Globalization Finally Dead?

Even before the last economic cycle ended, the bell was tolling. The onset of crisis compounded the doomsaying. Me-first nationalism swept across the planet, threatening to undo the vast global integration that was the last cycle's hallmark. Is globalization dead?

Canadian Trade: Pros and Cons for 2014

When international trade collapsed in 2009, the Canadian economy turned inward, and for a change, discovered a steady source of growth. That source is now tapped out, and economy-watchers have for some time turned their eyes back to trade. So far, the view has been uninspiring. Will Canadian trade carry growth forward, or is our hopeful gaze in for a big disappointment?
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Think Globally, Not Locally

Plenty of people will shamelessly demand government spend lots of extra money to "buy local," even if the cost is millions or billions of dollars more. This is daft. The notion that jobs in Canada come at the cost of employment in Japan, India, China or Germany, or vice-versa, is profoundly mistaken. Jobs can be created in one's own country and abroad at the same time.
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America's Indignados Should Occupy Wall Street

"Indignados" (the indignants) occupy city squares in Spain on a permanent basis, and now the Wall Street protests have taken root and will only grow in size and intensity. These protests, while poorly organized and rag-tag, will become the migraine of politics, not fatal but nagging and potentially dangerous.