Mark S. Mandula’s Post

It was about two years ago I recall writing an article on the QUAD, whose members are the U.S., India, Australia, Japan.  In this article, I write about the BRICS nations increasing focus on de-dollarization and global expansion, aiming to reduce reliance on the US dollar and enhance economic collaboration. This shift could reshape global trade dynamics and financial systems. Braumiller Law Group is well-positioned to help businesses navigate these changes and understand the implications for international trade.

Useful paper by Eichengreen where he argues that globalization is more entrenched than we think it is, pointing to still buoyant trade, capital and financial flows, even with (sub-optimal) "redirection" and "retracing" of some of these. He offers some helpful data to back this up. Elsewhere he generously cites the counter-view (also linked below). https://lnkd.in/gttqFxKD https://lnkd.in/gecN_snF

The global economic order is evolving with sanctions now four times more prevalent than in the 1990s and subsidy wars creating challenges. Businesses must adapt and anticipate changes for sustainable growth and resilience in these turbulent times. How much longer can the current economic order endure, and at what cost? #GlobalEconomy #Sanctions #SubsidyWars #EconomicOrder #Trade #Growth

Major world economies are leveraging their economic relationships to gain strategic advantages over their rivals through the imposition of economic sanctions, the formation of trade agreements, strategic investments, control of critical resources, and the initiation of trade wars. International trade should serve as a tool for peace, generating wealth, and alleviating poverty rather than being a weapon in ongoing and future geopolitical rivalries.

How multiplying geopolitical tensions are reshaping global trade patterns.

“We trusted the global level playing field and the rules-based international order, expecting that others would do the same,” [former ECB president Mario] Draghi said in a speech earlier this year that pointed to both Chinese and US protectionism. “Other regions are no longer playing by the rules and are actively devising policies to enhance their competitive position," in response to the #EU often getting squeezed in the U.S.- #China trade war. The 3 economies combined make up 42% of global #trade, as #protectionism has been currently prioritized over free trade. #GTM #FTA #GlobalBusiness _______________________________ Hello, we are The NewComm Global Group, Inc., "Global Business Success From the Inside Out" (sm). If you're ready to go #GlobalAgain, or just explore now, please DM here or consider completing our go-to-market assessment today for a complimentary consultation. Let's go! https://lnkd.in/gz7VF8a3

Recent events have led policymakers to focus on economic resilience, resulting in more trade restrictions and sanctions. While overall global trade levels haven't changed much, there's a noticeable shift in how countries trade with each other, often along political lines. For example, the U.S. and China are trading less directly, with countries like Mexico and Vietnam stepping in as intermediaries. The direction of global trade will depend on whether leaders choose to keep supporting open trade or put up more barriers. https://lnkd.in/eww5S7nC

China's position in the global trading ecosystem is changing amidst rapidly shifting geopolitics following the U.S. election, ongoing trade tensions, and evolving industrial policies. Which countries are emerging as viable alternatives, and how will foreign firms and multinational corporations navigate a "China-plus-many" world in this new trade paradigm? Ronald Temple, Siddharth Mohandas, and I discuss these increasingly fragmented global dynamics in Barron's. Read more: https://lnkd.in/e2-4WD6p

Charting Globalization’s Turn to Slowbalization After Global Financial Crisis Trade openness increased after the Second World War, but has slowed following the global financial crisis. As the Chart of the Week shows, globalization plateaued in the decade and a half since the global financial crisis. This latest era is often referred to as “slowbalization.” Each of the chart’s five main periods was characterized by different configurations of economic and financial powers, and different rules and mechanisms for economic and financial ties between countries, as highlighted in a recent IMF note that discussed the impact of trade fragmentation as well as technological decoupling. The Liberalization era saw gradual removal of trade barriers in China and other large emerging market economies and unprecedented international economic cooperation, including the integration of the former Soviet bloc. Liberalization accounted for most of the increase in trade, and the World Trade Organization, established in 1995, became a new multilateral overseer of trade agreements, negotiations and dispute settlement. Cross-border capital flows surged, increasing the complexity and interconnectedness of the global financial system. The “Slowbalization” that followed the global financial crisis has been characterized by a prolonged slowdown in the pace of trade reform, and weakening political support for open trade amid rising geopolitical tensions. #geopolitics #economics #internationalrelations #globaleconomy #finance #trade #investments #publicpolicy

#Globaltrade is more than the economic interests of individual countries. There’s a convergence and, at times, a conflict of interest of different stakeholders—including global businesses. Acquire a fundamental understanding of the seismic changes taking place on global, national, and local levels that challenge long-held assumptions about global trade, #globalization, and economies. #atmaglobal #lifelonglearning #Globalbusiness