Posts in category

Mercantilism


ECONOMYNEXT – The Denmark-based LEGO Group will build a billion USD factory in Vietnam employing 4,000 workers when fully operational, and is expected to begin production in 2024. The plant will be located on a 44-acre site in Vietnam Singapore Viet Nam Singapore Industrial Park Joint Venture Company Limited (VSIP) in Binh Duong Province about …

The United States (US) and China are vying for technological dominance. America has long been at the forefront of the development of technologies (bio, nano, information) which are at the heart of economic growth in the 21st century. Additionally, US research universities dominate higher education globally. In the annual academic ranking of world universities of …

The invitation was for a 10 am meeting with Bobi Tiglao on Wednesday in, the text message said, “Taal Vista Lodge”. It turns out that Waze traced this location not to Tagaytay as intended, but to an area on the outskirts of town actually ringing Nasugbu, Batangas. So, as I reached Tagaytay a good 30 …

At the stroke of midnight on Tuesday, the Republic of Barbados was born. The Caribbean island nation, 55 years after independence, got rid of the vestiges of colonial rule by separating from Great Britain – Queen Elizabeth is no longer the Head of State. In a sense, being part of the British Empire – as …

President Biden returned from his summit with Chinese President Xi Jinping on Nov. 15 pledged to continue what he called “straightforward competition” with China. Yet Beijing is already beating the United States and its allies in one crucial area: data. Data is the oil of the 21st century, the indispensable resource that will fuel artificial …

Profiling of a group, sometimes nationalist and sometimes outward-looking, but only invested in science, technology and philanthropy “Business history is inextricably linked with human history, and business historians should aim to understand the interplay between the actions of individual companies and changes in society as a whole. “ This exhortation to business historians which appears …

Rarely has a German leader come to power with so many searing crises. When Olaf Scholz is sworn in as Chancellor in early December, he will have to deal with an outbreak of pandemic, tensions on the Polish-Belarusian border, a Russian president mobilizing troops near Ukraine, a more confrontational China and the United States. United …

Free trade between nations is not much different from specializing in our continental economy – California in high tech and New York in finance. Nations increase their productivity by focusing on what they do best. Trade agreements dating back to the Reciprocal Trade Agreement Act (1934) increase the annual growth of the United States by …

APEC EDITORIAL: What are these great global talkfests actually achieving? And do they still succeed if instead of a year of face-to-face meetings and interactions, they all happen through Zoom? Turns out, even with a pandemic, they do. APEC is a conference like no other. Born out of an enthusiasm for trade liberalization at the …

ECONOMYNEXT – Sri Lanka’s exports in October 2021 hit an all-time high of US $ 1,160 million, up 35% from the previous year, data from the Export Promotion Office showed as shortages currencies worsened amid money printing. Clothing exports increased 42.8% to $ 509 million, exports of rubber products increased 14.5% to $ 91.9 million, …