Globalisation in retreat
Washington
JEFFREY Immelt, the CEO of General Electric (2015 revenues: US$117 billion), gave an interesting speech the other day that illuminates some pressing questions about the future of globalisation. This involves politics as much as economics.
It should be no surprise that the three major presidential candidates (Hillary Clinton, Bernie Sanders and Donald Trump) are no fans of globalisation.
Most people consider globalisation an economic phenomenon, signifying the spread of technology, the growth of trade an…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Columns
‘Competition for talent’ a poor excuse to keep key executives’ pay under wraps
OCBC should put its properties into a Reit and distribute the trust’s units to shareholders
Why a stronger US dollar is dangerous
An overstimulated US economy is asking for trouble
Too many property agents? Cap commissions on home sales
Time to study broadening of private market access