Monday, February 16, 2015

Kevin Gallagher on Emerging Markets and Re-regulation of Cross-Border Finance

"Since the revival of global capital markets in the 1960s, cross-border capital flows have increased by orders of magnitude, so much so that international asset positions now outstrip global economic output. Most cross-border capital flows occur among industrialized nations, but emerging markets are increasing participants in the globalization of capital flows..."

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The World Upsidedown: Progressives and the Return of the Victorian Policy Consensus

  Eminent Victorian?   The complete shitshow that US trade policy has become has led to a paradoxical result. Many progressive critics of Fr...