Globalization

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The Case For Universal Basic Income

The combination of four factors, globalization, outsourcing, automaton, and the increasing adaptation and use of artificial intelligence is taking a growing toll on the low-income and middle-class sections of the society in developed countries, which is prompting the debate for the introduction of universal basic income.
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Neoliberalism And The Rise Of Right-Wing Politics

Many Western countries have followed a policy of neoliberalism for the last few decades. A combination of privatization, deregulation including financial deregulation, free trade and globalization characterize neoliberalism. Neoliberalism has been a boon for global economic growth; both developed and developing countries have benefited from neoliberalism in terms of high economic growth.
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It Is Time India Declared Independence From Monsanto And Big GMO

Monsanto is now very much embedded in India. It has even been called the 'contemporary East India Company' and says GM food is necessary to feed the world's burgeoning population. Such claims are hidden behind a veil of humanitarian intent, which is easily torn away to expose self-interest. India does not need GM to feed itself and no false argument or regulatory delinquency to force them in can disguise this.
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There's a Way to Recover Jobs Lost to Globalization

Globalization has brought significant benefits to the global economy, including developed countries' economies. However, it has led to decrease in the manufacturing base and employment in Canada and the US. If policies that require local content are introduced, it could boost employment in the manufacturing sector.
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UN Climate Change Agreement Must Address Corporate Right to Sue Countries

Countries pledging to take serious action on climate change are also party to, or are aggressively negotiating, trade and investment deals that contain a mechanism that gives large corporations the right to challenge any changes to the current rules under which they operate -- be they environmental, health or human rights -- that negatively affect corporations' bottom line. ISDS essentially grants corporations equal status to governments in these negotiations and privatizes the dispute settlement system between nations.
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It's Tough to Celebrate Labour Day Without Work

As Canada celebrates Labour Day weekend, there are important questions concerning Gandhi's premise that we must begin asking ourselves. For example, how do we deal with a world of wealth without work? Upon entering an era of ironies, we find ourselves forced to deal with some increasing contradictions -- employability replaces employment, people without jobs, jobs without people, numerous part-time jobs replacing full-time ones, employment numbers going down because people have stopped looking for work altogether.
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Canadians Need to Know the Truth About the TPP

This week, ministers from 12 countries representing 40 per cent of the world's economy will meet to discuss the Trans-Pacific Partnership, one of the largest trade agreements ever. As talks are rushed to conclusion, Canada is still fighting to have its supply management system excluded from the deal. We wish the government well in its quest to protect supply management, but we wish it would go to bat for other core Canadian values and industries. Unlike our European and even American counterparts, Canadian discussion on the TPP has been limited to chickens, eggs and milk.
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Should Canadians Be Worried About the Weak Loonie?

A weaker Canadian dollar poses a threat to imported inputs to Canada's production machine, and to future Canadian investments abroad. But the soaring U.S. dollar isn't the only currency in play. Movements in other currencies are less dramatic. Perhaps this is an opportunity to scan the globe both for inputs to our production process and for direct investment undertakings in less-traditional markets.

Dredging Up the Dreaded Economic "D-Word"

You thought it was dead for good. So did I. It's a proven misfit in an ever-globalizing world. But the 'D' word is back. The U.S. economy is on the move, but Europe is stuck in the mud. Suddenly, there's lots of talk -- once again -- about decoupling.

How Small Businesses Get Big International Results

Its small share of the overall marketplace might lead many to conclude that small exporters are too small to warrant attention. That would be a great mistake. The dynamism of this segment suggests that it is already a powerful new force in Canada's economy.

Songs For the Underclass

Artwork by: David Cran Good protest songs - the ones that endure - never preach to the choir. They don't rally the converted. They never tell you what to do, just that something should be done. Good p...
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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?