Good morning. Biden’s new trade deal is based on two big ideas: moving away from neoliberalism and containing China.

Lun, 05/23/2022 - 19:52 -- bacosta

For decades, the mainstream of both the Democratic and Republican parties favored expanding trade between the U.S. and other countries. Greater globalization, these politicians promised, would increase economic growth — and with the bounty from that growth, the country could compensate any workers who suffered from increased trade. But it didn’t work out that way.

Instead, trade has contributed to the stagnation of living standards for millions of working-class Americans, by shrinking the number of good-paying, blue-collar jobs here. The incomes of workers without a bachelor’s degree have grown only slowly over the past few decades. Many measures of well-being — even life expectancy — have declined in recent years.

All along, many politicians and experts continued to insist that trade was expanding the economic pie. And they were often right. But struggling workers understandably viewed those claims as either false or irrelevant, and they refused to support further expansions of trade.

Eurasia and Latin America in Bipolar Multilateralism

Vie, 05/13/2022 - 20:22 -- bacosta

The contemporary international scenario calls for regionalisms that are appropriate to the political reality of states. The construction of a region is not limited to the dominant vision promoted by the West and the European Union (EU) model. Eurasian and Latin American integration projects and their transcontinental relationship have become more dynamic recently. The People's Republic of China (PRC) and the Russian Federation are key actors in this process. Contemporary multilateralism is heterogeneous and bipolar.

Eurasia y América Latina en el multilateralismo bipolar

Vie, 05/13/2022 - 16:34 -- bacosta

El escenario internacional contemporáneo exige regionalismos adecuados a la realidad política de los Estados. La construcción de una región no se limita a la visión dominante promovida por Occidente y el modelo de la Unión Europea (UE). Los proyectos de integración euroasiática y latinoamericana, al igual que la relación transcontinental, se han dinamizado en los últimos años; en este proceso, la República Popular China (RPC) y la Federación de Rusia son actores clave.

China: the leap to the Americas' playing field.

Vie, 05/06/2022 - 16:43 -- bacosta

The People's Republic of China (PRC) opened the doors of its economy to the world in 1990, leaving behind its 20th-century policy of autarky. It is Chinese foreign policy to safeguard the common interests of humanity, promote multilateralism, and establish a fair and rational international political and economic order. It also protects the world's diversity and advocates the democratisation of international relations and the diversification of development models.

China: el salto al terreno de juego de las Américas.

Vie, 05/06/2022 - 16:22 -- bacosta

La República Popular China (RPC) abrió las puertas de su economía al mundo en 1990, dejando su política de autarquía del siglo XX. Su politica exterior, según el Gobierno Chino, es salvaguardar los intereses comunes de toda la humanidad, fomentar el multilateralismo; establecer un orden político y económico internacional, justo y racional, salvaguardar la diversidad del mundo y abogar por la democratización de las relaciones internacionales y la diversificación de los modelos de desarrollo, entre otros.

China and the RCEP: the new centre of world trade

Sáb, 03/19/2022 - 04:24 -- bacosta

China will use the Regional Comprehensive Economic Partnership (RCEP) to consolidate its hegemony in the Asia-Pacific. This triumph of regionalism in Asia is a sign of a change in the correlation of forces in the international system; Western multilateralism, driven by the United States, remains in crisis and shows no signs of recovery. The centre of world trade is in the RCEP countries with the leadership of the Asian Giant.

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China y la RCEP: el nuevo centro del comercio mundial

Sáb, 03/19/2022 - 03:54 -- bacosta

China utilizará la Asociación Económica Integral Regional (RCEP por sus siglas en inglés) para consolidar su hegemonía en Asia-Pacífico. Este triunfo del regionalismo en Asia es un signo del cambio en la correlación de fuerzas en el sistema internacional; el multilateralismo occidental, impulsado por Estados Unidos, continúa en crisis y no muestra señales de recuperación. El centro del comercio mundial en la postpandemia está en los países de la RCEP con un liderazgo indiscutible del Gigante asiático.

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China: From renewable energy promise to energy discord

Vie, 03/11/2022 - 19:36 -- bacosta

According to the most recent 2020 data, the People's Republic of China is the world's most considerable emerging powerand the second-largest country in GDP (14 trillion current dollars). It has a population of 1.4 billion and is the world's largest producer of electricity (7.8 terawatt-hours).

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China: De la promesa de la energía renovable a la discordia energética

Vie, 03/11/2022 - 19:21 -- bacosta

Las energías renovables han sido un tema recurrente en los proyectos nacionales de energía alrededor del mundo por su importancia para reducir las emisiones de carbono y transitar hacia una generación de energía que tenga el menor impacto posible para el medio ambiente. Por lo tanto, es importante que una superpotencia emergente, como lo es la República Popular China, por su importancia en el mundo, así como otras potencias, tengan y refuercen su énfasis en la producción de energía a través de fuentes que son renovables. En un contexto tan agresivo e incierto como el actual (marzo del 2022), los productos energéticos se han vuelto un instrumento de guerra como de paz.

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Bipolar multilateralism

Lun, 03/07/2022 - 15:00 -- bacosta

The war in Ukraine has made evident the old US-led unipolar world order is dead, and a new one is in the making. Kissinger said, "Far too often the Ukrainian issue is posed as a showdown: whether Ukraine joins the East or the West. But if Ukraine is to survive and thrive, it must not be either side’s outpost against the other — it should function as a bridge between them.” There are three ways of understanding the Ukrainian war. One is the recovery of Ukraine by Russia after thirty years of independence to prevent Nato and the US from stepping in.


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