America is at trade conflict with Rwanda over the second-hand clothes. This commentary exposes the truth about the development efforts of the rich and powerful world through this one instance.
https://www.globalslaveryindex.org/
The Global Slavery Index 2018
The 2018 Global Slavery Index provides a country by country ranking of the number of people in modern slavery, as well as an analysis of the actions governments are taking to respond, and the factors that make people vulnerable.
This year, so that we might better understand the problem, we have also included an analysis of trade flows and data on state imposed forced labour in North Korea, risk factors in the fishing industry, and the prevalence of forced labour in the cocoa sector.
https://www.globalslaveryindex.org/
The Global Slavery Index 2018
The 2018 Global Slavery Index provides a country by country ranking of the number of people in modern slavery, as well as an analysis of the actions governments are taking to respond, and the factors that make people vulnerable.
This year, so that we might better understand the problem, we have also included an analysis of trade flows and data on state imposed forced labour in North Korea, risk factors in the fishing industry, and the prevalence of forced labour in the cocoa sector.
9 International Trade and Immigration Elite–Mass ConflictThe eli.docxevonnehoggarth79783
9 International Trade and Immigration Elite–Mass Conflict
The elite model portrays public policy as a reflection of the interests and values of elites. The model does not necessarily require that elites and masses be locked in conflict—conflict in which elites inevitably prevail at the expense of masses. Rather, the model envisions elites determining the direction of public policy, with the masses largely apathetic and poorly informed and/or heavily influenced by elite views. The model also acknowledges that elites may choose to pursue “public regarding” policies that benefit masses. Nonetheless, critics of the elite model often demand proof of elite–mass conflict over public policy and the subsequent shaping of policy to reflect elite preferences over mass well-being. Indeed, critics often demand proof that elites knowingly pursue policies that benefit themselves while hurting a majority of Americans. While this is not a fair test of elite theory, there is ample evidence that on occasion elites do pursue narrow self-serving interests.
In describing immigration and international trade policy, we rely on the elite model. Arguably, U.S. policy, especially in international trade, serves the interests of the nation’s largest multinational corporations at the expense of average American workers. We will argue that global trade policies have lowered average earnings and increased inequality in America. We will also argue that masses and elites have very different policy preferences regarding immigration.
The Global Economy
International trade—the buying and selling of goods and services between individuals and firms located in different countries—has expanded very rapidly in recent decades. Today, almost one-quarter of the world’s total output is sold in a country other than the one in which it was produced. Today the United States exports about 12 percent of the value of its gross domestic product (GDP) and imports about 17 percent.1 Exports and imports were only about 10 percent of GDP in 1980 (see Figure 9–1). Global competition heavily impacts the American economy.
FIGURE 9–1 U.S. World Trade
The “trade deficit”—the difference between what Americans import from abroad and what they export—has become wider over the years.
SOURCE: Bureau of Economic Analysis, www.bea.gov.
Currently, America’s leading trading partners are Canada, Mexico, China, Japan, Germany, Taiwan, Great Britain, South Korea, France, and Italy (see Figure 9–2). Note that some of these nations (Canada, Japan, Germany, for example) are advanced industrialized economies not unlike our own. But trade with developing countries (Mexico, China, Taiwan, South Korea, for example) is growing rapidly. And, as we shall see, it is trade with these nations that raises the most serious problems for America’s labor force.
Years ago America’s principal imports were oil and agricultural products not grown in the United States, for example, coffee. Today, however, our largest dollar-value import.
Text to check together with the video and powerpoint presentation "Post-Colonial Africa" by John Jones. Presentation for the seminar "Why is Africa (still) poor?", April 30, 2013, UMB, Norway.
http://africapoor.wordpress.com/
From the textbook (Colander, David C. Macroeconomics, 7th Edition.docxMARRY7
From the textbook (Colander, David C. Macroeconomics, 7th Edition. McGraw-Hill Learning
Solution
s) read the following chapters:
16: International Trade Policy, Comparative Advantage, and Outsourcing
17: International Financial Policy
16: International Trade Policy, Comparative Advantage, and Outsourcing
One of the purest fallacies is that trade follows the fl ag. Trade follows the lowest price current. If a dealer in any colony wished to buy Union Jacks, he would order them from Britain's worst foe if he could save a sixpence.
—Andrew Carnegie
Patterns of Trade
Before I consider these issues, let's look at some numbers to get a sense of the nature and dimensions of international trade.
Increasing but Fluctuating World Trade
In 1928, total world trade was about $500 billion (in today's dollars). U.S. gross domestic product (GDP) was about $830 billion, so world trade as a percentage of U.S. GDP was almost 60 percent. In 1935, that ratio had fallen to less than 30 percent. In 1950 it was 20 percent. Then it started rising. Today it is about 250 percent, with world trade amounting to about $32 trillion. As you can see, international trade has been growing, but with significant fluctuations in that growth. Sometimes international trade has grown rapidly; at other times it has grown slowly or has even fallen.
In part, fluctuations in world trade result from fluctuations in world output. When output rises, international trade rises; when output falls, international trade falls. Fluctuations in world trade are also in part explained by trade restrictions that countries have imposed from time to time. For example, decreases in world income during the Depression of the 1930s caused a large decrease in trade, but that decrease was exacerbated by a worldwide increase in trade restrictions.
Differences in the Importance of Trade
The importance of international trade to countries' economies differs widely, as we can see in the table below, which presents the importance of the shares of exports—the value of goods and services sold abroad—and imports—the value of goods and services purchased abroad—for various countries.
Among the countries listed, the Netherlands has the highest amount of exports compared to total output; the United States has the lowest.
The Netherlands' imports are also the highest as a percentage of total output. Japan's are the lowest. The relationship between a country's imports and its exports is no coincidence. For most countries, imports and exports roughly equal one another, though in any particular year that equality can be rough indeed. For the United States in recent years, imports have generally significantly exceeded exports. But that situation can't continue forever, as I'll discuss.
Total trade figures provide us with only part of the international trade picture. We must also look at what types of goods are traded and with whom that trade is conducted.
What and with Whom the United States Trades
The majority of U.S. ...
Global business today global 8th edition hill test bank.docxrightmanforbloodline
Global business today global 8th edition hill test bank Global business today global 8th edition hill test bank Global business today global 8th edition hill test bank
Bus106 wk9 ch8 Competing in Global MarketsBhupesh Shah
BUS106 Competing in Global Markets - from UNDERSTANDING CANADIAN BUSINESS, 7th Canadian Edition (custom publication for Seneca) ; published by McGraw-Hill
This presentation is made for the students of B.A. (H) economics, sem 6. This is from chapter 6 written by Abhijit Vinayak Banarjee, Roland Benabou and Dilip Mookerjee, in the book Understanding Poverty, Oxford University Press, 2006.
This is a licensed material.
http://creativecommons.org/licenses/by-nc-sa/4.0/
Africa is making the right choices for itself, even though some of these may not be well strategized or well planned. Africa need to avoid repeating mistakes, and to prepare for the coming years with a vision and agenda that will make sure Africans claim their share of the global fortunes in near future.
Schaffer, Agusti, Dhooge, Earle. International Business Law and.docxkenjordan97598
Schaffer, Agusti, Dhooge, Earle. International Business Law and Its Environment, 8th Edition. South-Western, 2011-01-01.
CHAPTER 1: Introduction to International Business
ECONOMIC INTERDEPENDENCE
Many economists and business experts realize that no business is purely domestic and that even the smallest local firms are affected by global competition and world events. The realities of the modern world make all business international. No longer can an economic or political change in one country occur without causing reverberations throughout world markets. A terrorist event in London, or in the Philippines, is reflected on international stock exchanges and brings entire economies to their knees. War in the Middle East brings international shipping to a standstill. A civil war on the African continent affects the price of commodities in London and New York. A change in interest rates in Germany affects investment flows and currency exchange rates in the United States. Disruption anywhere in the supply chain of today’s globally connected manufacturing plants brings distant assembly lines to a halt. The failure of China to safeguard American copyrights on films or software results in the United States imposing retaliatory tariffs and affects the price of Chinese-made clothing in American stores. Terrorist attacks not only affect business operations worldwide but also affect the ability of managers to travel and live safely in foreign lands.
Perhaps nowhere is global economic interdependence more obvious than in the context of the spread of infectious disease. Whether it be “mad cow” affecting English cattle, or infectious respiratory disease affecting people from Toronto to rural China, the impact of infectious disease can now ripple through the world’s economy within days. Indeed, in recent years the effects of terrorism and infectious disease has been felt by international business travel and tourism and affected the global operations of firms on all continents. The world today is more economically interdependent than at any other time in history, and this has led to the globalization of product, service, and capital markets.
Economic interdependence is the result of many factors. Precious natural resources and raw materials are located around the world. Technological advances in travel, shipping and communications, and the Internet have brought people closer together. Nations have moved away from protectionism and increasingly toward free trade, opening markets for goods and services that were once closed to foreign competition. The world has seen a steady movement toward economic integration and the development of free trade areas and “common markets” among nations. Greater political stability in the developing countries has led to increased foreign investment, industrialization, and the integration of those nations into the world economy. Economic interdependence also can be attributed to the sharing of technology and know-how, with paten.
Read the article, and in 450-700 words address these prompts· S.docxmakdul
Read the article, and in 450-700 words address these prompts:
· Summarize the view of American critics of global firms that import products purchased from developing country factories that have bad working conditions and pay very low wages. Also, summarize Dr. Krugman’s rebuttals.
· Put yourself in the shoes of the local owner/manager of one of those factories in Indonesia, Bangladesh, etc. How would you address American critics of your practices?
· Put yourself in the shoes of a poor farmer who recently moved to the city to work in one of these factories. What would your view on the issue of wages and conditions be?
Continue below for the reading material.
In Praise of Cheap Labor
Bad jobs at bad wages are better than no jobs at all.
By Paul Krugman
For many years a huge Manila garbage dump known as Smokey Mountain was a favorite media symbol of Third World poverty. Several thousand men, women, and children lived on that dump--enduring the stench, the flies, and the toxic waste in order to make a living combing the garbage for scrap metal and other recyclables. And they lived there voluntarily, because the $10 or so a squatter family could clear in a day was better than the alternatives.
The squatters are gone now, forcibly removed by Philippine police last year as a cosmetic move in advance of a Pacific Rim summit. But I found myself thinking about Smokey Mountain recently, after reading my latest batch of hate mail.
The occasion was an op-ed piece I had written for the New York Times, in which I had pointed out that while wages and working conditions in the new export industries of the Third World are appalling, they are a big improvement over the "previous, less visible rural poverty." I guess I should have expected that this comment would generate letters along the lines of, "Well, if you lose your comfortable position as an American professor you can always find another job--as long as you are 12 years old and willing to work for 40 cents an hour."
Such moral outrage is common among the opponents of globalization--of the transfer of technology and capital from high-wage to low-wage countries and the resulting growth of labor-intensive Third World exports. These critics take it as a given that anyone with a good word for this process is naive or corrupt and, in either case, a de facto agent of global capital in its oppression of workers here and abroad.
But matters are not that simple, and the moral lines are not that clear. In fact, let me make a counter-accusation: The lofty moral tone of the opponents of globalization is possible only because they have chosen not to think their position through. While fat-cat capitalists might benefit from globalization, the biggest beneficiaries are, yes, Third World workers.
After all, global poverty is not something recently invented for the benefit of multinational corporations. Let's turn the clock back to the Third World as it was only two decades ago (and still is, in many countri ...
The present commentary discusses how past bad policy choices of Canada's central bank have tied its hands to manage the inflation crisis of 2022. The price level has been disconnected from the realities of the economic conditions prevailing in the macroeconomy. Given the low-price level, the bank has been lowering its policy rate since the 1990s. And now it finds itself stuck in a low-rate trap that it can't increase the rate even if current inflationary pressure demands so. If it increases its policy rate to manage the inflation crisis, it may create another crisis(es) in the process – asset crisis, debt crisis, and/or systemic crisis. What to choose, whether inflation crisis or other(s)? It appears to be in a fix.
The present study looks into racism in multicultural Canada. It examines the factors which have been making the nation increasingly multicultural demographically. It analyses the education, employment, income, and poverty outcomes and finds how racism has played a huge role in the performance of these structural factors. The aboriginal population seems to pay the highest price for their aboriginal identity in terms of the worst education, employment, income, and poverty outcomes. Then follows the visible minorities who are observed to pay the price for their color and (non-Caucasian) race in terms of worse employment, income, and poverty outcomes; this is despite their better performance at university level education than all other population groups. The vicious trap of lower outcomes for the racial population is no accident; it can relate to deliberate, unfair, and discriminatory actions of the white majority population who generally own and control Canada’s institutions.
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9 International Trade and Immigration Elite–Mass ConflictThe eli.docxevonnehoggarth79783
9 International Trade and Immigration Elite–Mass Conflict
The elite model portrays public policy as a reflection of the interests and values of elites. The model does not necessarily require that elites and masses be locked in conflict—conflict in which elites inevitably prevail at the expense of masses. Rather, the model envisions elites determining the direction of public policy, with the masses largely apathetic and poorly informed and/or heavily influenced by elite views. The model also acknowledges that elites may choose to pursue “public regarding” policies that benefit masses. Nonetheless, critics of the elite model often demand proof of elite–mass conflict over public policy and the subsequent shaping of policy to reflect elite preferences over mass well-being. Indeed, critics often demand proof that elites knowingly pursue policies that benefit themselves while hurting a majority of Americans. While this is not a fair test of elite theory, there is ample evidence that on occasion elites do pursue narrow self-serving interests.
In describing immigration and international trade policy, we rely on the elite model. Arguably, U.S. policy, especially in international trade, serves the interests of the nation’s largest multinational corporations at the expense of average American workers. We will argue that global trade policies have lowered average earnings and increased inequality in America. We will also argue that masses and elites have very different policy preferences regarding immigration.
The Global Economy
International trade—the buying and selling of goods and services between individuals and firms located in different countries—has expanded very rapidly in recent decades. Today, almost one-quarter of the world’s total output is sold in a country other than the one in which it was produced. Today the United States exports about 12 percent of the value of its gross domestic product (GDP) and imports about 17 percent.1 Exports and imports were only about 10 percent of GDP in 1980 (see Figure 9–1). Global competition heavily impacts the American economy.
FIGURE 9–1 U.S. World Trade
The “trade deficit”—the difference between what Americans import from abroad and what they export—has become wider over the years.
SOURCE: Bureau of Economic Analysis, www.bea.gov.
Currently, America’s leading trading partners are Canada, Mexico, China, Japan, Germany, Taiwan, Great Britain, South Korea, France, and Italy (see Figure 9–2). Note that some of these nations (Canada, Japan, Germany, for example) are advanced industrialized economies not unlike our own. But trade with developing countries (Mexico, China, Taiwan, South Korea, for example) is growing rapidly. And, as we shall see, it is trade with these nations that raises the most serious problems for America’s labor force.
Years ago America’s principal imports were oil and agricultural products not grown in the United States, for example, coffee. Today, however, our largest dollar-value import.
Text to check together with the video and powerpoint presentation "Post-Colonial Africa" by John Jones. Presentation for the seminar "Why is Africa (still) poor?", April 30, 2013, UMB, Norway.
http://africapoor.wordpress.com/
From the textbook (Colander, David C. Macroeconomics, 7th Edition.docxMARRY7
From the textbook (Colander, David C. Macroeconomics, 7th Edition. McGraw-Hill Learning
Solution
s) read the following chapters:
16: International Trade Policy, Comparative Advantage, and Outsourcing
17: International Financial Policy
16: International Trade Policy, Comparative Advantage, and Outsourcing
One of the purest fallacies is that trade follows the fl ag. Trade follows the lowest price current. If a dealer in any colony wished to buy Union Jacks, he would order them from Britain's worst foe if he could save a sixpence.
—Andrew Carnegie
Patterns of Trade
Before I consider these issues, let's look at some numbers to get a sense of the nature and dimensions of international trade.
Increasing but Fluctuating World Trade
In 1928, total world trade was about $500 billion (in today's dollars). U.S. gross domestic product (GDP) was about $830 billion, so world trade as a percentage of U.S. GDP was almost 60 percent. In 1935, that ratio had fallen to less than 30 percent. In 1950 it was 20 percent. Then it started rising. Today it is about 250 percent, with world trade amounting to about $32 trillion. As you can see, international trade has been growing, but with significant fluctuations in that growth. Sometimes international trade has grown rapidly; at other times it has grown slowly or has even fallen.
In part, fluctuations in world trade result from fluctuations in world output. When output rises, international trade rises; when output falls, international trade falls. Fluctuations in world trade are also in part explained by trade restrictions that countries have imposed from time to time. For example, decreases in world income during the Depression of the 1930s caused a large decrease in trade, but that decrease was exacerbated by a worldwide increase in trade restrictions.
Differences in the Importance of Trade
The importance of international trade to countries' economies differs widely, as we can see in the table below, which presents the importance of the shares of exports—the value of goods and services sold abroad—and imports—the value of goods and services purchased abroad—for various countries.
Among the countries listed, the Netherlands has the highest amount of exports compared to total output; the United States has the lowest.
The Netherlands' imports are also the highest as a percentage of total output. Japan's are the lowest. The relationship between a country's imports and its exports is no coincidence. For most countries, imports and exports roughly equal one another, though in any particular year that equality can be rough indeed. For the United States in recent years, imports have generally significantly exceeded exports. But that situation can't continue forever, as I'll discuss.
Total trade figures provide us with only part of the international trade picture. We must also look at what types of goods are traded and with whom that trade is conducted.
What and with Whom the United States Trades
The majority of U.S. ...
Global business today global 8th edition hill test bank.docxrightmanforbloodline
Global business today global 8th edition hill test bank Global business today global 8th edition hill test bank Global business today global 8th edition hill test bank
Bus106 wk9 ch8 Competing in Global MarketsBhupesh Shah
BUS106 Competing in Global Markets - from UNDERSTANDING CANADIAN BUSINESS, 7th Canadian Edition (custom publication for Seneca) ; published by McGraw-Hill
This presentation is made for the students of B.A. (H) economics, sem 6. This is from chapter 6 written by Abhijit Vinayak Banarjee, Roland Benabou and Dilip Mookerjee, in the book Understanding Poverty, Oxford University Press, 2006.
This is a licensed material.
http://creativecommons.org/licenses/by-nc-sa/4.0/
Africa is making the right choices for itself, even though some of these may not be well strategized or well planned. Africa need to avoid repeating mistakes, and to prepare for the coming years with a vision and agenda that will make sure Africans claim their share of the global fortunes in near future.
Schaffer, Agusti, Dhooge, Earle. International Business Law and.docxkenjordan97598
Schaffer, Agusti, Dhooge, Earle. International Business Law and Its Environment, 8th Edition. South-Western, 2011-01-01.
CHAPTER 1: Introduction to International Business
ECONOMIC INTERDEPENDENCE
Many economists and business experts realize that no business is purely domestic and that even the smallest local firms are affected by global competition and world events. The realities of the modern world make all business international. No longer can an economic or political change in one country occur without causing reverberations throughout world markets. A terrorist event in London, or in the Philippines, is reflected on international stock exchanges and brings entire economies to their knees. War in the Middle East brings international shipping to a standstill. A civil war on the African continent affects the price of commodities in London and New York. A change in interest rates in Germany affects investment flows and currency exchange rates in the United States. Disruption anywhere in the supply chain of today’s globally connected manufacturing plants brings distant assembly lines to a halt. The failure of China to safeguard American copyrights on films or software results in the United States imposing retaliatory tariffs and affects the price of Chinese-made clothing in American stores. Terrorist attacks not only affect business operations worldwide but also affect the ability of managers to travel and live safely in foreign lands.
Perhaps nowhere is global economic interdependence more obvious than in the context of the spread of infectious disease. Whether it be “mad cow” affecting English cattle, or infectious respiratory disease affecting people from Toronto to rural China, the impact of infectious disease can now ripple through the world’s economy within days. Indeed, in recent years the effects of terrorism and infectious disease has been felt by international business travel and tourism and affected the global operations of firms on all continents. The world today is more economically interdependent than at any other time in history, and this has led to the globalization of product, service, and capital markets.
Economic interdependence is the result of many factors. Precious natural resources and raw materials are located around the world. Technological advances in travel, shipping and communications, and the Internet have brought people closer together. Nations have moved away from protectionism and increasingly toward free trade, opening markets for goods and services that were once closed to foreign competition. The world has seen a steady movement toward economic integration and the development of free trade areas and “common markets” among nations. Greater political stability in the developing countries has led to increased foreign investment, industrialization, and the integration of those nations into the world economy. Economic interdependence also can be attributed to the sharing of technology and know-how, with paten.
Read the article, and in 450-700 words address these prompts· S.docxmakdul
Read the article, and in 450-700 words address these prompts:
· Summarize the view of American critics of global firms that import products purchased from developing country factories that have bad working conditions and pay very low wages. Also, summarize Dr. Krugman’s rebuttals.
· Put yourself in the shoes of the local owner/manager of one of those factories in Indonesia, Bangladesh, etc. How would you address American critics of your practices?
· Put yourself in the shoes of a poor farmer who recently moved to the city to work in one of these factories. What would your view on the issue of wages and conditions be?
Continue below for the reading material.
In Praise of Cheap Labor
Bad jobs at bad wages are better than no jobs at all.
By Paul Krugman
For many years a huge Manila garbage dump known as Smokey Mountain was a favorite media symbol of Third World poverty. Several thousand men, women, and children lived on that dump--enduring the stench, the flies, and the toxic waste in order to make a living combing the garbage for scrap metal and other recyclables. And they lived there voluntarily, because the $10 or so a squatter family could clear in a day was better than the alternatives.
The squatters are gone now, forcibly removed by Philippine police last year as a cosmetic move in advance of a Pacific Rim summit. But I found myself thinking about Smokey Mountain recently, after reading my latest batch of hate mail.
The occasion was an op-ed piece I had written for the New York Times, in which I had pointed out that while wages and working conditions in the new export industries of the Third World are appalling, they are a big improvement over the "previous, less visible rural poverty." I guess I should have expected that this comment would generate letters along the lines of, "Well, if you lose your comfortable position as an American professor you can always find another job--as long as you are 12 years old and willing to work for 40 cents an hour."
Such moral outrage is common among the opponents of globalization--of the transfer of technology and capital from high-wage to low-wage countries and the resulting growth of labor-intensive Third World exports. These critics take it as a given that anyone with a good word for this process is naive or corrupt and, in either case, a de facto agent of global capital in its oppression of workers here and abroad.
But matters are not that simple, and the moral lines are not that clear. In fact, let me make a counter-accusation: The lofty moral tone of the opponents of globalization is possible only because they have chosen not to think their position through. While fat-cat capitalists might benefit from globalization, the biggest beneficiaries are, yes, Third World workers.
After all, global poverty is not something recently invented for the benefit of multinational corporations. Let's turn the clock back to the Third World as it was only two decades ago (and still is, in many countri ...
Similar to Second hand clothes trade conflict shows that emperor has no clothes (20)
The present commentary discusses how past bad policy choices of Canada's central bank have tied its hands to manage the inflation crisis of 2022. The price level has been disconnected from the realities of the economic conditions prevailing in the macroeconomy. Given the low-price level, the bank has been lowering its policy rate since the 1990s. And now it finds itself stuck in a low-rate trap that it can't increase the rate even if current inflationary pressure demands so. If it increases its policy rate to manage the inflation crisis, it may create another crisis(es) in the process – asset crisis, debt crisis, and/or systemic crisis. What to choose, whether inflation crisis or other(s)? It appears to be in a fix.
The present study looks into racism in multicultural Canada. It examines the factors which have been making the nation increasingly multicultural demographically. It analyses the education, employment, income, and poverty outcomes and finds how racism has played a huge role in the performance of these structural factors. The aboriginal population seems to pay the highest price for their aboriginal identity in terms of the worst education, employment, income, and poverty outcomes. Then follows the visible minorities who are observed to pay the price for their color and (non-Caucasian) race in terms of worse employment, income, and poverty outcomes; this is despite their better performance at university level education than all other population groups. The vicious trap of lower outcomes for the racial population is no accident; it can relate to deliberate, unfair, and discriminatory actions of the white majority population who generally own and control Canada’s institutions.
This commentary investigates how the targeted inflation rate has been achieved successfully amidst stagnant economic growth, declining domestic manufacturing, boiling asset economy, and piling financial vulnerabilities in the developed economies. It re-examines the modus operandi of the inflation targeting as an integral part of the management of the macroeconomy in these economies.
Present study questions the role of monetary policy in general and inflation targeting in particular with the help of important issues related to it and concludes that it is high time for a change. An irony of the inflation targeting is that price stability has amazingly been achieved in Canada simultaneously with an over-leveraged financial system and an over-exposed economy to the debt and assets. And also, the low policy rate regime under the framework has not been able to stop the investment from decline and the real economy from stagnation.
Present study re-evaluates the inflation-targeting monetary framework in Canada with a broader perspective by analyzing its impact on the real economy, macroeconomy, and financial economy rather than typically the performance of the inflation rate alone. It establishes that under this framework: Canada’s real economy has seen lower rates of domestic investment and GDP growth besides higher rates of unemployment; macroeconomy has experienced low inflation by virtue of cheap imports, aggregate demand sustained with the unsustainable debt levels, and the economic structure overwhelmed by the asset economy. The study concludes that the ‘so-called’ healthy system of inflation targeting is meaningless in an unhealthy economy, especially when it is among the contributing factors. This re-evaluation exercise leads to the obvious question for the Canadian policy-makers: whether macroeconomic, financial, exchange rate, employment, industrial, or social stability is less important than price stability?
2018 survey covers how big is the pay gap between the CEOs and all other workers in the Canadian industry as a whole and also in its different sectors.
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Globalization has changed the developed world structurally from industrial to de-industrialization to post-industrial economies. Present commentary intrigues a connection between the global-penetration and stages of industrial activity and then explores the resultant outcomes relating to the social, economic, political, and foreign influence. It establishes from a list of evolving factors that how the shifts in these economies from industrial to de-industrialization and post-industrial phases are not a result of mere organic economic progression; these are shaped by the conscious actions of the national and international players. Cheaper goods and services in exchange of income, employment and domestic economies raise a question mark on the trade-off led by the liberalized globalization.
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This year’s survey covers how big pay gap between the CEOs and all other workers is in the Canadian industry as a whole and also in its different sectors.
This Study finds that it is not only the big amounts of compensation but also the process and the impact – all reflect the socially irresponsible behavior on the part of CEOs.
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how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
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If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdf
Second hand clothes trade conflict shows that emperor has no clothes
1. ECONOMIC POLICY DIALOGUE (EPD)
www.epdonline.org
COMMENTARY
Second-hand Clothes Trade Conflict Shows That
Emperor Has No Clothes
By Pushpa Kumari
June 5, 2018
Trade conflicts are normal because nations may have their own national interests which
at times are conflicting. But the trade conflict under discussion here is fairly abnormal.
This is a trade conflict not between two normal trading partners, but America is at trade
conflict with Rwanda. One nation having GDP 2224 times bigger (the US $19 trillion) than
the other (Rwanda $8 billion). More important than the size of economy is the item of
conflict - second hand clothes. These are dumped hand-me-down clothes sold for-profit
by America to the poor African nation Rwanda. Basically, this conflict between two
economically asymmetrical nations and that too over a trivial item signifies the bigger
political economy of dominance and dependence.
Neither America is the only exporter of these worn clothes nor Rwanda is the only
importer. Worn clothing is about $4 billion export industry globally. In 2016, the US had
about 15% share ($639 million) of it. Some other countries were UK (11%), Germany
(10%), Rep. of Korea (6%), China (5%), followed by Netherlands, Poland, Italy, Belgium
and Canada (each having share of 3 to 4%). And on the import side, Pakistan had the
highest share of it (6%), followed by India (5%), Malaysia (4%), Russia and Kenya (3%
each) among many others. Though, exports and imports taken together to account the
trade deficit in this worn clothing category: the largest trade deficits were recorded by
Sub-Saharan Africa ($908.4 million), Latin America and the Caribbean ($369.1 million)
and Southern Asia ($262.2 million) during 2016. Coming back to Rwanda, it is an eastern
African nation with mere 0.47% share ($17.7 million) in the total used clothing imports in
2016, and also a part of Sub-Saharan Africa that holds the highest trade deficit in this
product category. (Note: all the data used in this paragraph is taken from UN Comtrade
and UN International Trade Statistics Yearbook 2016.)
The root cause of this conflict lies in a Joint Communiqué, the East African Community
(EAC) issued in March 2016, expressing their intent to progressively phase out
importation of used clothing as a means to support the region’s textile and apparel
industry. In reaction to it, a US trade association – Secondary Materials and Recycled
Textiles Association (SMART) – made a request for an out-of-cycle review (OCR) of the
eligibility of the EAC states for the African Growth and Opportunity Act (AGOA) privileges
citing loss of American jobs, and trade barriers as a breach of the AGOA provisions. The
2. EPD Commentary Second-hand Clothes Trade Conflict Shows That Emperor Has No Clothes 2
AGOA is a part of Trade and Development Act of 2000, enacted during the Clinton
presidency. It extends duty-free and quota-free access to over 6,400 products from the
Sub-Saharan Africa (SSA) into the US market. The purpose of AGOA is to foster
economic and political development in SSA by expanding access to U.S. trade and
investment markets. However, after the AGOA review request, other EAC members –
Kenya, Uganda and Tanzania – backed off at later stages, but Rwanda remained stuck
to its original intention. That is why, it has become a contentious issue between the US
and Rwanda.
How this conflict demonstrates that the emperor (US) has no clothes:
• Unhumanitarian and Unethical: actually, historically, East Africa had thriving
clothing industrial sector during 1960s and until early 1980s. Cheap imports of
second-hand clothes under the trade liberalization (as a part of economic reforms
after the 1980s debt problems) have killed this industry. Not letting a chance to a
poor nation to revitalize its lost industry, local economy, income and employment
would be an utter unhumanitarian and unethical act on the part of a so-called
champion of aid and development activities under the type of USAID and AGOA
institutions.
• Double standard: it becomes a matter of pride if the richest nation on the earth
says America first, American manufacturing jobs, America Great Again. But what
if one of the poorest nation says it wants basic level of development and dignity…it
becomes a subject to sort of sanctions.
• Invisible Conditionality: if Rwanda wants to be eligible for AGOA privilege, it has
to meet the conditions of the US; even if Rwanda’s actions actually are as per the
intention of the AGOA, i.e., the long-term development of a poor country. Here, the
conditionality is not related with the establishment of the democratic institutions
etc. in that country. Instead, this is about the market access to the US exports. If
Rwanda wants AGOA privilege, it has to give its market access for American
products, no matter if it is at the cost of Rwanda’s economic and social
development. Similar conditionality was being tried on South Africa in 2015 when
it attempted to ban US chicken imports because it was killing its poultry industry;
as this time around on the East African Community nations for the US second-
hand clothing imports. But when the nations reluctantly give in to the US threats
they immediately become eligible to the AGOA benefits. In trade diplomacy AGOA
may be a negotiation tool for trade deals, or in alternative to the mainstream
philosophy AGOA may be a strategy to realise hegemony; but in simple economics
terms, it will be AGOA conditionality (just like aid conditionality by IMF and World
Bank, human rights conditionality for OECD humanitarian Aid).
3. EPD Commentary Second-hand Clothes Trade Conflict Shows That Emperor Has No Clothes 3
• Imbalance of power: this is an imbalance of power that the US is trying to exploit
because Rwanda is a poor and weak nation. Here Rwanda wants to develop its
landlocked resource-lacking economy through low-skilled labor-intensive clothing
industry. But the powerful partner says you will be punished if you do not accept
my second-hand exports of the same products which you intend to develop.
Moreover, this is nothing new in Rwanda wanting protection to its nascent industry
from the imports as this is what the western and rich world had done in early
phases of its development too. As famous economist Nicholas Kaldor noted “…
policies of fostering domestic industries by judiciously chosen methods of import
substitution – the replacement of imports of manufactures by domestic production
– which were so successfully pursued by the countries of Western Europe, North
America, Japan and other "developed" countries in the late nineteenth century and
the present century....”
• Economics vs. Power Economics: trade theory put forward by Ricardo does not
apply where power economics rules are applied. Ricardian theory of comparative
advantage might have rightly predicted US importing textile and clothes because
of its comparative advantage in producing high-tech products. But he might not
have predicted US exports of second-hand clothes to the poor nations against their
wish because this is what only power economics can predict. How poor African
nations can challenge the hegemony of a superpower by denying its imports. The
superpower certainly would not allow Rwanda like country to set such an example
for other countries.
• Might is Right: who is right, obviously the mighty one. How this is true in the case
of second-hand clothing (mighty) exporter. a) It has less to do with American
industry and manufacturing jobs, because first, these clothes are anyway
manufactured already and used/worn by the Americans, second, majority of these
clothes are imported from the third country like, China, Malaysia, Philippines,
Pakistan etc.; b) Americans would not wear these clothes; they have anyway
discarded these clothes; c) these clothes are mostly collected from the drop offs
at charities or donation bins in the parking lots. If these clothes are not exported,
these will end up in the landfills as other discarded curbside stuff, like furniture,
appliances, books, mattresses etc.; and d) charities which work for good cause
earn profits by exporting these to the countries including third world with
widespread poverty. To note, many of these charities might be involved in the
noble work of these countries’ development. How a nation can be wrong and
punished for wanting its dignity back by not wearing the thrown away second-hand
clothes -- because might is right!
This uncovers the truth about the development diplomacy of the rich and powerful world.
They might sell the fancy institutions like USAID (American), DFID (British) ODA (OECD),
4. EPD Commentary Second-hand Clothes Trade Conflict Shows That Emperor Has No Clothes 4
CIDA (Canadian), and recently National Development and Cooperation Agency
(Chinese). But their first priority has been their business interest instead of the
development of the poor countries. Maybe this interest clash is one of the major factors
that despite ‘so advertised’ decades’ efforts by myriads of (multilateral, regional, and
national level) development organisations, development of numerous nations is yet a
distant dream. Words might cover the truth but actions and results uncover the truth of
development efforts. Superpowers may change – for instance, first Europeans and the
UK, later the USA and now China too – with their own contemporary mighty ways and
means; but legacy remains the same. Capitalism or communism are the same extensions
of the old mercantilism, colonialism and imperialism. Nothing changes because this is a
game of power.