The FT and IFIs recognise the passing of globalisation

Posted Posted in Devolution, Economy, Globalisation, Localisation, Trade

In a Political Concern blog, Mario Draghi, president of the European Central Bank, Christine Lagarde, managing director of the International Monetary Fund, and Donald Tusk, president of the European Council, have all decried a system they claimed had neglected the security of its weakest members. Earlier this month Izabella Kaminska referred to UBS’ ‘big note’ reviewing the passing of globalisation. She comments […]

General Electric says: “We will localise”

Posted Posted in Economy, Export-led growth, Globalisation, Import substitution, Local economies, Localisation, Reports, Transition

  Last year came three reports on the downturn in global trade: From the container industry: Søren Skou, chief executive of the Maersk Line, which carries goods and products between Asia, Europe, the US, Africa and Latin America and is now described as the only profitable freight line. In a report from the Centre for Economic Policy Research: theslowdown in […]

Repatriating activity – onshoring – is very much on the agenda

Posted Posted in Books and articles, Economics, Economy, Employment, Finance, Government, Import substitution, Local economies, Manufacturing, Procurement, Regional economies, Transition, Transport

Localise West Midlands welcomes a statement from Professor David Bailey (Coventry University Business School) that “repatriating activity – including some sourcing – to the UK is very much on the agenda”. He recently summarised the impact of offshoring on British manufacturing over the last decade, and considered the tentative signs of “onshoring” in certain sectors due to a combination of […]