Who cares about trade? Why the UK election suggests no-one does

Dr. Rebecca Harding CEO Coriolis Technologies By rights, the upcoming UK election should be an election about trade. “It’s the economy, stupid” was the message that won Bill Clinton the US presidency during the then-prevailing recession. And if economics matters to the British voting public, then this should be the one that counts. Economists are queuing up to say how much lower growth is now compared to where it would have been had the UK not voted to leave the…

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Choose your weapon: why the G20 foreign ministers will be talking about trade

Dr. Rebecca Harding CEO, Coriolis Technologies  18th November 2019   The G20 foreign ministers will do well to brush up on game theory ahead of their meeting in Japan on 22nd November. Trade is now viewed as an integral part of national security: China and the US, and Russia, are using it as means to coerce, influence and dominate as they always have, but increasingly with a strategic focus. It has become the weapon of choice in a power struggle…

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MultiLateral Thinking: Digitally transforming Sudan’s economy

Craig Atkinson In transitioning to democracy, Sudan can strengthen its efforts toward inclusive trade by continuing its WTO accession process and implementing the Trade Facilitation Agreement. Given the role ecommerce will play in transforming sales channels, Sudan’s economy may benefit from protection and promotion of georaphical indications. By publishing algorithmic regulations to the internet, Sudan could reduce transaction costs for traders, support cross-border ecommerce and comply with future multilateral obligations. The fourth industrial revolution has arrived and the global economy…

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No particular place to go? Why riding along in my automobile is changing forever

  Dr. Rebecca Harding CEO Coriolis Technologies What does the automotive sector mean to you? Power? Freedom? Affluence? Drive? Prowess? To an economist, and we’re not called the dismal scientists for nothing, the car sector is none of these. It is the bellwether for the global economy. It is the fourth largest sector in the world in trade terms: by the end of 2019 Coriolis estimates that it will account for roughly 10% of world trade in goods, or approximately…

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Quick Take: RCEP

As the ASEAN summit starts today, Indian trade negotiators are seeking to wrap up the 25 chapters of the Regional Comprehensive Economic Partnership (RCEP). The RCEP is a proposed free trade agreement that would include 45% of the world’s population, and 40% of the world’s trade. A breakthrough in the RCEP would be a marked win for trade liberalisation at a time where rising tariffs spurred by nationalism are increasingly becoming the norm. However, political resistance still remains within India,…

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