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  • OPINION

    Should fiscal policy resemble private budgets?

    News, Koichi Hamada, Published on 06/11/2023

    » Every few months this year, the US government appears on the verge of shutting down. It happened in May, when congressional Republicans initially refused to raise the debt ceiling, and in September, when Congress managed to avert a last-minute shutdown by passing a stopgap bill to keep the federal government open until Nov 17.

  • BUSINESS

    Who benefits from Trump's trade war?

    Asia focus, Koichi Hamada, Published on 14/01/2019

    » In 1950, the Canadian-born Princeton University economist Jacob Viner explained a customs union produces a "trade creation" effect, as lower tariffs and non-tariff barriers spur increased flows of goods among member countries.

  • BUSINESS

    How can we retain the benefits of globalisation?

    Asia focus, Koichi Hamada, Published on 16/07/2018

    » In the last few years, for many people and their leaders, globalisation has become a scourge to be purged in favour of greater protectionism and unilateralism. This represents a sharp departure from the recent past, when globalisation was widely regarded as a positive force. What changed, and why?

  • OPINION

    Why we really need globalisation

    News, Koichi Hamada, Published on 02/05/2018

    » From the Brexit vote to Donald Trump's election as US president to rising support for populist parties in countries like Germany and Italy, much of the electoral upheaval in Western democracies in recent years has been attributed at least partly to a backlash against globalisation. But globalisation does not deserve voters' ire.

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