Globalisation – the open trading system – is fragmenting

Posted Posted in Economics, Economy, Employment, Environment, Export-led growth, Finance, Globalisation, Green Deal, Green New Deal, Import substitution, Local economies, Localisation, Low carbon, Planning, Politics, Poverty, Procurement, Regional economies, Renewable energy, Sustainability, Trade, Transition

Philip Stephens, an associate editor, in the Financial Times: “Globalisation – the open trading system – is fragmenting; it needs an enforcer – a hegemon, a concert of powers or global governance arrangements”. Evidence: the collapse of the Doha, the demise of global free-trade agreements, and the emergence of regional coalitions and deals. The emerging economies are building south-south relationships […]

Relocalisation: an under reported issue in the French elections

Posted Posted in Books and articles, Economics, Economy, Employment, Environment, EU, Export-led growth, Finance, Globalisation, Import substitution, Local economies, Localisation, Planning, Procurement, Regional economies, Tax, Trade, Transition

  In the French election, left wing socialist Jean-Luc Melenchon has stressed the need to relocalise Europe’s economy and to do so by limiting imports. This has brought Melenchon increased votes in a country where 70% of the population favour some form of protection for domestic production from cheaper, lower waged competitors. This French election trend prompts a call for […]