New GI report looks at the future trade and development

I am impressed by the standpoints that were pointed out here.

I would like to think about how this way of thinking could be applied in the area of financial services.

リンク: The Globalization Institute - New GI report looks at the future trade and development.

Freer trade in the early twenty-first century, and modern globalization more generally, are happening more "from below" than "from above". Their engine, now to be found in Asia, particularly in China, is bottom-up liberalisation and regulatory reform that spreads through competitive emulation, like ripples and waves across seas and oceans. This process is not driven by international institutions. The WTO and FTAs have considerable and perhaps increasing limitations. At best they can be helpful auxiliaries to national market-based reforms. But their importance should not be exaggerated.