“Businesses cannot be successful when the society around them fails” -Responsible Business Summit. This quote illustrates the evolution of businesses – from for-profit entities to organizations with meaningful connections. The definition of a self-regulating business model that helps a company…
Tag: free trade
Is Free Trade the Main Cause of Unemployment? A Misleading Populist Belief in the Age of Automation and Artificial Intelligence.
A rising group of populist political organisations is decrying globalisation and free trade agreements as an absolute evil and a source of mass unemployment for their national or local economy. Arguably, an unfair trade deal policy can cause several employment…
Cancel Culture in Economics?
In the rise of Black Lives Matter (BLM) protests all over the globe, a great number of statues have been torn down or destroyed. From Edward Colston over Christopher Columbus to Winston Churchill, a wide range of historical figures have…
Close the Infrastructure Gap!
In previous articles, we frequently talked about opportunities for economic development and what kind of policy measures have to be provided in order to facilitate sustainable and inclusive global economic growth. But regardless of which region in the world we…
“Free Trade is Dead – Long Live Free Trade”
When Donald Trump became president of the United States of America in 2016, many feared that his straightforward and harshly announced policies might have a perceptible impact on the new world order – politically and economically. With him being a…
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The Morality of Chinese Foreign Direct Investments
The People’s Republic of China is the second largest single economy in the world. Not just its GDP is impressive, but also Chinese growth rates outnumber almost every other economy in the world. There are Chinese cities – most of…
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How the Mercosur Agreement is Good for the Environment – and Why We Liberals must be Strident in Defending it
After 20 years of negotiations, the free trade agreement between the European Union and the South American common market (Mercosur) becomes reality. It is an agreement comprising political, environmental and social cooperation in two areas totalling 773 million people and…
Why the EU-Mercosur Deal is so Important for Free Trade
When you think about free trade: what is the first thing that comes to your mind? Is it the recent news on trade wars or the liberal idea of free trade policy? What do you picture: a world of protectionism,…
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Rising Tensions – Why Free Trade is Under Pressure
In this IFLRY Online Session, IFLRY’s new Free Trade Programme Manager, Michel Nentwig, presents the challenges that free trade policies are facing in these years. If you are interested in the work of the Free Trade Programme and missed the…
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Let’s Not Forget All That We Have Gained from Free Trade
Our nation’s wealth exists mostly because of globalisation and free trade. And yet, more and more often, globalisation is seen as something bad. For the most part however, these opinions are not based on facts but on rhetoric expressed by…
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