Summary:
Import substitution.This bears on world trade. The present geopolitical situation is affecting the international flow of goods, including materials, intermediate goods and finished goods. The world economy is heavily influenced by the level and quality of international trade. Sanctions, of course, inhibit international trade and result in new supply chains and also import substitution. Both Russia and China have adopted policies of self-sufficiency. Being large-scale with plenty of knowledge, skill, experience, technology and industrial capability, this avenue is available to them.Naked CapitalismRussian Aviation Industry Corrects Yeltsin Yaw – Boeing, Airbus DitchedJohn Helmer at Dancing with Bears
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Import substitution.Import substitution.This bears on world trade. The present geopolitical situation is affecting the international flow of goods, including materials, intermediate goods and finished goods. The world economy is heavily influenced by the level and quality of international trade. Sanctions, of course, inhibit international trade and result in new supply chains and also import substitution. Both Russia and China have adopted policies of self-sufficiency. Being large-scale with plenty of knowledge, skill, experience, technology and industrial capability, this avenue is available to them.Naked CapitalismRussian Aviation Industry Corrects Yeltsin Yaw – Boeing, Airbus DitchedJohn Helmer at Dancing with Bears
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
New Economics Foundation writes Building hope
New Economics Foundation writes Are oil and gas workers the coalminers of our generation?
Mike Norman writes Tariffs As A Fiscal Tool? — Brian Romanchuk
John Quiggin writes Trump’s dictatorship is a fait accompli
This bears on world trade. The present geopolitical situation is affecting the international flow of goods, including materials, intermediate goods and finished goods. The world economy is heavily influenced by the level and quality of international trade. Sanctions, of course, inhibit international trade and result in new supply chains and also import substitution. Both Russia and China have adopted policies of self-sufficiency. Being large-scale with plenty of knowledge, skill, experience, technology and industrial capability, this avenue is available to them.
Naked Capitalism
Russian Aviation Industry Corrects Yeltsin Yaw – Boeing, Airbus Ditched
John Helmer at Dancing with Bears