Artículos con la etiqueta ‘Cuenca del Pacífico’

A new world order and China’s key role

Por • 2 nov, 2013 • Category: Economía

Friedrich List, in his National System of Political Economy (1841), asserted that political economy as espoused in England at that time, far from being a valid science universally, was merely British national opinion, suited only to English historical conditions. List’s institutional school of economics asserted that the doctrine of free trade was devised to keep England rich and powerful at the expense of its trading partners and that it had to be fought with protective tariffs and other devices of economic nationalism by the weaker countries. List’s economic nationalism influenced Asian leaders, including Sun Yat-sen of China, who proposed industrial policies financed with sovereign credit. List was also the influence behind the Meiji Reform Movement of 1868 in Japan. Alexander Hamilton, by proposing the US Treasury using tax revenue to assume and pay off all public debts incurred by the Confederation in his 1791 Report on Public Debt, through the establishment of a national bank, provided the new nation with sovereign credit in the form of paper money for development. China, as the largest economy in the Asia-Pacific region, and potentially the largest in the world, has a key role to play in shaping this new world economic order. To do that, China must look beyond its current myopic effort to join a collapsing global export market economy and provide a model of national development in which foreign trade is reassigned to its proper place in the economy from its current all-consuming priority. The first step in that direction is for China to free itself from dollar hegemony and embark on a domestic development program with sovereign credit.



TPP a Trojan horse

Por • 30 sep, 2013 • Category: Internacionales

The Trans-Pacific Partnership (TPP) Agreement is a proposed trade pact that Japan is negotiating with Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam (as of September 2013). The TPP aims to increase the liberalization of economies in the Pacific region through abolition of tariffs on trade as well as reregulation. Although the TPP negotiations have been held in the name of the people, the draft texts have been shrouded in secrecy not only from the public, but also members of the Diet in Japan, and civil society, thereby precluding public scrutiny and public input. Reportedly, the countries have signed up not to reveal the contents of the agreement for four years after the signing of the agreement. All public information comes from leaked texts. Bizarrely, the TPP makes a special exception to “a group of some 600 trade ‘advisers’, dominated by representatives of big businesses.” The TPP is a Trojan horse, branded as a “free trade” agreement, but having nothing to do with fair and equitable treatment. In reality, it is precisely “a wish list of the 1% – a worldwide corporate power”. “Only 5 of its 29 chapters cover traditional trade matters, like tariffs or quotas.” “The other chapters enshrine new rights and privileges for major corporations while weakening the power of nation states to oppose them.”



Nueva “guerra fría”

Por • 25 nov, 2011 • Category: Nacionales

Durante su reciente gira por los países de la Cuenca del Pacífico, Obama anuncio un cambio trascendental Sin embargo, estas medidas del presidente no exime de riesgos a la política exterior de Estados Unidos