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Free Trade is a hot topic – in which way is Latin America concerned about it?
Latin America is at an interesting economic moment right now. While some countries’ economies have grown slow but steady, others remain at a sudden standstill. National budgets have always been tight. The effects of natural disasters, corrupt dictators and authorities, civil wars, and political unrest have stressed those lean budgets […]
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Transatlantic Free Trade: Economic Winners and Losers
The following post was written by Thieß Petersen, Ulrich Schoof and Samuel George from the Bertelsmann Stiftung’s Global Economic Dynamics team. At the G8 summit in Dublin in June 2013, the world’s most powerful leaders decided to begin negotiations on the Transatlantic Trade and Investment Partnership (TTIP). For at least […]
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Yes for free trade for Slovakia!
We’ve weathered our first opening up to free trade The first experience of post-communist Slovakia with free markets was a big shock to our uncompetitive and poorly managed companies which failed to rise to the challenge. Over time, they have been replaced by new ones, often with foreign owners – […]
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Free Trade: If it Works Here, It Will Work Anywhere
Most Americans have, for generations, never truly questioned the basic system that allows goods and services to flow across state borders, unencumbered by tariffs, taxes, or other measures that would protect local industries from rivals in other states. And yet, many criticize international free trade agreements for their supposed pernicious results. Why the hypocrisy?
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The Implications of Economic Liberalization for Egypt
No state in today’s world can escape globalization. The socialist policies adopted by former Egyptian president Nasser in the 1960s might have been suitable for his time. However, the present international system requires the removal of all trade barriers between states. In Egypt, some intellectuals are criticizing Egypt for taking […]