protectionism

Global Spectator, by Andrés Ortega Trade wars and conflict of perceptions

When China joined the World Trade Organisation (WTO) in 2001, it was still a developing country. More than 15 years later, its circumstances have changed and it has turned into the world’s second-largest economy. The WTO has served not to discipline China, which is what Trump (and to some [...]

Global Spectator, by Andrés Ortega Tariffs: Trump’s three ploys

The Trump Administration’s announcement of import duties on steel and aluminium may trigger a spiral that leads to a trade war. In themselves, the measures are not of great importance. But they are important in terms of what they could signify. The announcement is based not on a whim, [...]

Global Spectator, by Andrés Ortega Big states, big business, troubled societies

Shop window, megaphone and venue for discreet meetings: Davos is all these things. The main participants at the most recent World Economic Forum were the major states –geopolitical problems sometimes stem from others of lesser calibre– and the large technology and IT companies. It has been held at a [...]

Global Spectator, by Andrés Ortega From the G20 to the G-Zero: global governance without Trump?

With his hostile stance on the Paris climate change agreement, Trump subverted the G7 (which had already thrown out Russia). His nationalist and protectionist “America First” posture in Hamburg did not paralyse the G20, but it did to a large extent render it hollow, despite the lengthy list of [...]

Global Spectator, by Andrés Ortega Trump Demolitions Inc.

Having become President, Donald Trump the property developer is now proving to be a master of demolitions, if not of walls at least through issuing executive orders. With no time to waste he has set about fulfilling what he pledged, and thereby upset both regional and global balances in [...]

Global Spectator, by Andrés Ortega Trump: bilateralism

Following the 9/11 terrorist attacks in 2001, it was said that the world had changed because the US had changed. The world changes with each President. With Donald Trump’s election it could be said that the world has started to change before the new Republican President-elect has even moved [...]

The second Trump surge: is it receding again, or about to breach the dyke?

After experiencing a second surge in the polls during the latter half of October —driven by yet another intromission from the FBI regarding Clinton’s controversial email management while she was Secretary of State— Donald Trump’s candidacy had arrived nearly to the same point where he was at the end [...]

Global Spectator, by Andrés Ortega New protectionism, less investment?

Although the world has not emerged unchanged, given the oddly lethargic ‘recovery’ –we may indeed have entered what Larry Summers has dubbed ‘secular stagnation’–, the Great Recession that began in 2008 has passed and gone without having seen a major wave of protectionist measures, in contrast to the events [...]
Real Instituto Elcano - The Elcano Royal Institute | Príncipe de Vergara, 51. 28006 Madrid (España - Spain) | 2012 -2016 | Creative Commons BY-NC-ND 3.0