trade liberalisation

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All Eyes on Japan as New Asia-Pacific Trading Bloc Takes Shape

It is expected that Japanese Prime Minister Shinzo Abe will announce Japan’s entry into Trans-Pacific Partnership (TPP) free trade talks in the next few days. The TPP economies already account for 30 per cent of global output and 20 per cent of the world’s exports of goods and services. The addition of Japan would make that 40 per cent of global output and add significant heft to the agreement.

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Globalisation

By Collin Li

My opinion is that globalisation is essential for dealing with poverty. While programs like World Vision’s Area Development Program may be helpful, I would argue they are only a small part of the effort in relieving poverty, because while the motive may seem more pure, it may be a smaller pool of energy to draw from. I would argue that the profit motive, provided by globalisation, has a far greater and wider appeal, as I believe people are inherently interested in their own well-being than others’.

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