International Trade

Conceptualising Markets 0
- Analysis
- May 11, 2019
By Pascale Massot and Julian Gruin

Markets are ubiquitous in contemporary everyday life and society as well as central features of the global economy. Markets have political, economic, social, and cultural origins, as well as consequences. But in the public …
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What Makes a Market Economy?0
- Analysis
- May 11, 2019
By Alice Chessé

What makes a market economy? To many, the answer is simple: they are countries where the market is the main mechanism of resource allocation. Yet, this intuitive definition is at odds with the political impact of the …
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China, State Capitalism, and the Global Financial Order 0
- Analysis
- May 11, 2019
By Johannes Petry

In 1989, capital markets did not exist in China. Fast forward to 2018, China’s capital markets have become the second largest equity markets, second largest futures markets, and third largest bond markets in the world. More …
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A Bad US–China Trade Deal Might Lead to Good Things for the WTO 0
- Analysis
- March 2, 2019
When President Donald Trump announced that the United States was going to delay hiking tariffs on Chinese goods, investors breathed a sigh of relief. Here was a reduction in the risk of an escalation in the trade spat between the …
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Indictments against Huawei: The Downside of Following the US Lead 0
- Analysis
- January 31, 2019
The US government has revealed more of its hand in its looming legal battle against the Chinese telecommunications giant Huawei. Two separate US grand jury indictments against the company were unsealed on Monday, alleging criminal misconduct on the part of …
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Backwards, March! Brexit, CANZUK, and the Legacy of Empire 0
- Analysis
- January 17, 2019
By Duncan Bell and Srdjan Vucetic

It was coined in the 1950s, but the term CANZUK — a union (or alliance or pact) of Canada, Australia, New Zealand, and the United Kingdom — has been repurposed in the wake of …
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Canada Can’t Put Human Rights on the Back Burner in 2019 0
- Analysis
- December 19, 2018
By Stéphanie Bacher

Over the past year, Canada has taken some important steps to promote and protect human rights abroad. However, the picture is not as rosy as often presented by the government, and Canada still has a long way …
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Competitive Financing: An Alternative Solution for Doing Business in China 0
- Analysis
- December 12, 2018
By John Gruetzner

Canada is currently exploring the parameters permitted under USMCA Article 32.10 for realistic mechanisms to improve its commercial position in the Chinese market.

In the Joint Outcomes of the First Canada–China Economic and Strategic Dialogue, the Government …
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Why Canada Should Care — a lot — about that UN Security Council seat 0
- Analysis
- December 3, 2018
Canada will stand for election to the United Nations Security Council in June 2020. Our competitors are Norway and Ireland. Of the three countries, two will win seats on the council and begin their two-year terms in January 2021.

There …
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Learning from Taiwan’s Push to Diversify Trade Away From China 0
- Analysis
- November 28, 2018
Rather than cozying up to non-market economies, Canada should support Taiwan’s inclusion in the Comprehensive and Progressive Trans-Pacific Partnership.

Trade diversification seems increasingly important to Canada, especially after US President Donald Trump’s heavy-handed negotiations on the new US–Mexico–Canada Agreement (USMCA). …
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Sectoral Free Trade with China: Harder than it Looks 0
- Analysis
- November 12, 2018
by Philip Calvert

Canada has announced a change of tack in its pursuit of free trade with China. Instead of pursuing a broad free trade agreement, Canada will seek reductions in Chinese tariffs through bilateral sectoral agreements. The agriculture sector …
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“China Clause” in USMCA is American Posturing, Not a Veto 0
- Analysis
- October 18, 2018
There is a strong narrative developing around the non-market economy article 32.10 in the proposed United States–Mexico–Canada Agreement (USMCA). Various commentaries have gone as far as saying that the clause is in effect a choice between the United States or …
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