The misnomer of free trade

For many economists, especially those trained in the orthodox neo-classical school or David Ricardo's comparative advantage, the supposed benefits from 'free trade' are an article of faith. For example, in a recent research paper, Professor Dani Rodrik of Harvard University quotes a survey of 37 leading American economists, in which...

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Movable assets as collateral against bank loans

Many countries across the world use movable properties and assets as collaterals against bank loans. The logic behind this is that it widens the opportunity for a small or medium enterprise to access bank credit. Movable property or asset is one of the prime securities for banks and financial institutions...

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China's annual political season to discuss new missions

China's annual political season is underway with the commencement of the "two sessions" as the first session of the 13th National Committee of the Chinese People's Political Consultative Conference (CPPCC) convened on Saturday last, and the first session of the 13th National People's Congress (NPC) which began on Monday last....

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