Developing countries face hard economic choices

Helping developing countries as they navigate post-lockdown choices would be an astute global business recovery plan

Developing countries face hard economic choicesBy Constantine Passaris and Murshed Chowdhury University of New Brunswick The COVID-19 global pandemic has widened the economic disparity between developed and developing countries. The economic consequences have been uneven. Canadians have good reason to be concerned about their economic future and livelihoods in the post-pandemic period. However, a global comparative assessment reveals that we’re…

Reaching into the past for a better pandemic supply plan

Some vital economic sectors require government support and protection in order to grow and mature and not be held hostage to foreign influence

Reaching into the past for a better pandemic supply planAn old and obscure economic theory should have shaped the Canadian response to the COVID-19 global pandemic. Sometimes we need to go back to find the right path forward. The infant industry argument was first proposed by Alexander Hamilton in 1791. He made a case for the United States government to protect fledgling industries against…

They don’t build borders like they used to

The modern border is porous, malleable and surmountable. It’s not an effective deterrent for undesirable political, social, medical or economic consequences

They don’t build borders like they used toWhat do the global financial crisis of 2008, climate change and the COVID-19 global pandemic have in common? All three catastrophic events have confirmed that they don’t build borders the way they used to. Today, national borders are no match for globalization. In effect, borders have been overpowered and outsmarted by globalization. There’s no denying…

Too many fault lines in digital voting process

The shambles of the Iowa caucuses reconfirms that electronic voting is still a long way off

Too many fault lines in digital voting processThe recent Iowa caucuses debacle reminded me of two things. First, my about-face as a member of the New Brunswick Commission on Electoral Reform with respect to electronic voting. Second, further confirmation that the electronic infrastructure continues to be an impediment in advancing digital democracy. The 21st century has empowered humanity with electronic connectivity and…

Don’t bury globalization, resurrect it

Globalization takes the blame for the world’s many economic and social failures. In fact, it's the mechanism that can improve life for everyone

Don’t bury globalization, resurrect itEconomic globalization faces a clear and present danger. The grumblings about the adverse consequences of globalization, the despair about not sharing in its economic benefits, and the disaffection with the global political and social tensions it has created are real. The cacophony of voices raised in anger against globalization have been getting louder every year.…

Seeing red about Canada’s inadequate AIDS policy

We need more courageous policy action at all levels of government to address the structural drivers of HIV/AIDS

Seeing red about Canada’s inadequate AIDS policyBy Suzanne Hindmarch University of New Brunswick and Michael Orsini University of Ottawa We’re seeing red. This month, as World AIDS Day came around, we found ourselves getting angry. The red ribbon has long been a potent symbol of HIV/AIDS activism, signifying anger at the bureaucratic red tape that, in the 1980s, delayed release of…

Can globalization sustain the economic tide that raises all ships?

Despite its status as an economic superpower, it is the U.S., under Donald Trump, that is shaping the narrative on the abuses of globalization

Can globalization sustain the economic tide that raises all ships?Modern globalization is creating a large number of discontents. Numerous countries feel they’ve been shortchanged over the economic benefits of globalization and free trade. This growing list includes many developing countries and, surprisingly, a few developed countries. One of the leading countries discontented with globalization is the United States. Despite its iconic status as an…

Greece is an example of the failure of modern economics

The intellectual divorce between economics and political science led to the Greek crisis

Greece is an example of the failure of modern economicsEconomics is a subject with a long and distinguished pedigree, featuring such towering intellectuals and philosophers as Plato and Aristotle to economists like Sir James Steuart and Francois Quesnay, the Frenchman who gave the study its modern foundations. Unfortunately, the discipline split into two distinctive subject areas in the 20th century – economics and political…

Alberta healthcare levy no cure for health system

New healthcare tax needs to be tied to health spending

Alberta healthcare levy no cure for health systemOn the surface, the Alberta government’s decision to restore healthcare taxes so that Albertans can directly contribute to the healthcare system sounds reasonable. Each person earning over $50,000 dollars per year will now pay up to $1,000 in taxes, which works out to approximately $0.5 billion over two years. But dig a little deeper and…