Read all posts for ‘international trade’

In this day and age, no economy can afford to stand as an island. This is even truer when it comes to economic interdependence since no country can solely depend on itself in the long run. Not all countries manufacture the goods and services they want and even those countries that ably […]

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 […]

The bottom line reached on Day Two of the Tällberg Forum in Sweden was that if only we could arrive at some kind of agreement about how to define or operationalize globalization, if only we could reach a consensus about its framework conditions and a shared understanding of its opportunities, […]

The strawberry season started late this year in Romania as the winter has been long and damp. A couple of days ago I went to the market next to my house and struck up a conversation with the strawberry seller. He was praising the fruit: “They’re grown in Romania, madam. […]

Disclaimer: The article was written both from a perspective of a developed country and a devoloping country. Maria Farooq, Ole Wintermann One Dimensional Perspectives: A Risk for Globalisation? The 250 year old thesis is that globalization is a win-win-situation. The reason for that is the specialization of every country on […]