Posts in category

Mercantilism


Welcome to England’s most misunderstood county, ”read the sign in the foyer of Firstsite, Colchester’s elegant arts center. No prizes for guessing what county it might be. The answer is (and always has been) Essex. Mocked and slandered for generations, he has been the butt of snobbish scolding for as long as we can remember. …

ECONOMYNEXT – Sri Lanka’s imports jumped to US $ 1.6 billion in May 2021, from US $ 993 million a year earlier. others have taken their place. Sri Lanka’s imports of consumer goods in May 2021 were down 4.1% to US $ 253 million from the previous year and down sharply from US $ 332 …

ECNOMYNEXT – Sri Lankan banknotes held by the public rose sharply during a coronavirus pandemic, a senior central bank official said, as the monetary authority injected liquidity through multiple means triggering deficits in the balance of payments and domestic debate. The currency in circulation increased from 678 billion rupees at the end of 2019 to …

A woman, wearing a face mask, walks past a 5G data network panel at a mobile phone store in Paris, France, April 22, 2021. Photo by Gonzalo Fuentes / Reuters. The competition between autocracy and democracy is the defining challenge of the 21st century, a challenge that will be played out in part through the …

ECONOMYNEXT – Sri Lanka saw some recovery in government revenues in the first four months of 2021 as the economy operated with minimal control of the coronavirus, but spending accelerated rapidly compared to 2019, before a fiscal “stimulus”, according to official tax data. Sri Lanka collected 116.2 billion rupees in tax and non-tax revenue in …

ECONOMYNEXT – The capacity of radial tires has been increased by 16% to 600,000 per year to meet the high demand, said Sri Lanka-based CEAT Kelani Holdings, as import controls were lifted as the money printing created currency shortages. The addition of two tire presses and a tire making machine will add the capacity to …

The centenary of the Chinese Communist Party (CCP) and the 30th anniversary of India’s liberalization should give us the opportunity to correct some misconceptions. On the one hand, the idea that because of its authoritarian regime, China can “get things done”, while India suffers from “too much democracy”, does not quite hold up when it …

Inspired by her late husband, Carrie McCarty’s latest business venture in Birdsboro offers local vendors the opportunity to sell a variety of products directly to the public, including dog treats, home decor, and large furniture. Magnolia dreams of a merchant in the mainIs located in the main stores along National Road 724 on the west …

The herald Holding a Zimbabwean trade fair in Malawi next week is an important development for both countries as the region and Africa in general move towards accelerated economic growth based in part on national expansion but also on gains from increased trade and trade liberalization. ZimTrade planned the process right, helping businesses that can …

China poses the greatest security challenge to the United States and our Democratic allies, but President Joe Biden too often adopts inadequate half-measures in the face of economic, diplomatic and military competition. It all plays too well in Beijing’s hand. State Secretary Antony Blinken clarified that America oppose China’s mercantilist policies that weaken Western economies …