May 5, 2012

Gloomy Prospect for Global Economy

Jeffrey Simpson, Globe and Mail

AP Photo

Jump to main navigation Jump to main content

Doug Saunders

I’ve spent the week in cobblestoned squares, listening to French presidential candidates argue that their country’s way of life is threatened by forces from beyond its borders. It’s a popular refrain these days: As economies falter, people fear the economic and human waves sweeping in from beyond.

President Nicolas Sarkozy has led the way, pledging to reintroduce trade protectionism, reinstitute passport checks and cut immigration. His challenger François Hollande has also suggested more protectionist policies and less immigration. As a result, four out of five French voters now believe that globalization is bad for...

Read Full Article ››

TAGGED: global economy

RECOMMENDED ARTICLES

May 17, 2012
America's Decline Is a Mirage
Ezra Klein, Bloomberg
Anyone who tells you that America is in decline or that our influence has waned, said President Barack Obama in his 2012 State of the Union address, doesn’t know what they’re talking about. It was a “rah-rah... more ››
May 17, 2012
The G-8's Last Chance to Save the World
Campbell Clark, Globe and Mail
If the G8 won’t really save the world, it has one more chance to be the place where leaders can cut through the fog and start political compromises to protect the global economy. more ››
May 16, 2012
Eurozone Crisis a Repeat of the 1930s
Thomas Walkom, Toronto Star
The European crisis seems unprecedented but it is not. This time it centres on the euro, a currency used by 17 European nations. Last time, it centred on gold, an international currency used by even more countries. Oh, and did I... more ››
May 14, 2012
Europe's Shameful Austerity Dance
Gene Kerrigan, Irish Independent
This is embarrassing on so many levels. Enda Kenny was revving up to full speed, poised to ram through his fiscal treaty referendum. Angela Merkel was happy. Greece was all squared away, bullied by EU bureaucrats and sneered at... more ››
May 12, 2012
Around the World, Energy War Heating Up
Michael Klare, The Nation
Conflict and intrigue over valuable energy supplies have been features of the international landscape for a long time. Major wars over oil have been fought every decade or so since World War I, and smaller engagements have... more ››