@BillWaters7 @rockford92584 @scottlincicome @DanaPerino @dikenson As @mattwridley argues, lack of trade likely did for Tasmanian aborignls.
@BillWaters7 @rockford92584 @scottlincicome @DanaPerino @dikenson Nope! AU aboriginals traded flints, pigments over ‘00s kms millennia ago.
RT @dikenson: Ok, just for kicks, what’s @clydeprestowitz warning re trade w Asia this time, LOL? https://t.co/XBUXj7Fmwp Bilateral deficit…
Kevin Rudd is unsuited to a senior role (anywhere). But Turnbull comes off badly; demonstrates he is a weather-vane::https://t.co/rAMzzxUbl8
Unlike gains from trade, fiscal prudence is easy to explain. But AU govts fail anyway: “…debt control worst in G20â€::https://t.co/ZepmAv1UeN
Forests of stalled windmills on the Deccan plateau: bet Indians wish someone had halted those subsidies, too. https://t.co/57MvmGcPjB
If the US anoints Clinton, S Lael Brainard wd. be a top USTR; her papers on trade theory are on my class lists. https://t.co/3n7dCy7IUd
Australians pay 2x over to deliver $7.5bn in annual “industry assistance“ mostly to manufacturing. Very dumb::https://t.co/aCSlFr14UT
Speculation: with right prodn. technologies MNEs cd. replace all intra-idy. horiz. x-border goods trade w/ services. https://t.co/9u6HaDmFPM
1. Tow Brunei inside the 9-Dash Line
2. Extend “One Belt, One Road†to London
3. Customs Union with JPN, TWN, KOR https://t.co/AT6PAduhys
Mfg management as TFP boosting tech. AU mfg. rates highly: thanks to MNEs? (h/t @tylercowen):https://t.co/EfFN2Rfm5z https://t.co/lcUQ8ENltM
Great! But the graphics (and tables)… Yuk! Imprecise, schlock-y::https://t.co/yQ919D4X8x https://t.co/MvA8ehzyDx https://t.co/RHXc60Wokr
But in the Big Rock Candy Mountain everyone can have a Massive Trade Deficit! (Life’s a banana lounge with MTDs!):https://t.co/krDZT9LF2F
Mark Thirlwell (AUSTRADE) has a good summary of the potenial impact of #Brexit on AU - more pessimistic than mine::https://t.co/onif8zJ2em
One new post on Brexit (https://t.co/D3BrQUMh6b) and a draft from a year ago on trade blocs and WTO now published (https://t.co/cq8TQPmIAp)
RT @SimonEvenett: What matters more 4 UK living standards? Openness+level playing field at home or trade deals abroad? My take https://t.co…
@SimonEvenett One reason: FTAs are most effective as signalling abt own future policy directions. Put a couple of banners in place, soon.
Excellent advice for managing a big challenge. I’m a bit more optimistic abt CHN. KOR wd also be high on my list. https://t.co/jEYrsBhmly
“The Softbank-ARM deal is a reminder that … Britain is still an attractive destination for global capitalâ€::https://t.co/JmoDECiaw6
@SimonEvenett @research_trade Guess I’m out of date. Was it not CTS/IDB at one stage? Sure that’s what Friedrich told me (also in docs).
@paul1kirby @SimonEvenett Um… Themselves?
@TradeNewsCentre @SimonEvenett “Applied†duties may be lower b/c of preferences or other reasons e.g. by-law (they often are lower).
@TradeNewsCentre Seems to be just the math of “TPP module”. In the MacMap database “MFN” <- WTO-IDB/CTS & “Applied” <- customs pubs.
That’s NOT what MacMap data shows. “Applied†≠(“MFN†minus preferences). These are data from different sources. https://t.co/wh3fzrpuBN
Doesn’t seem to me likely to duplicate. Not like, e.g., #TPP & AUSFTA. But suppose it were, so what? https://t.co/tmtNYyC68M
This is the heart of the matter. All IP is created by govt for social good and may be restricted for same reason. https://t.co/DVoUZCundC
@StephenJacobi @snlester I’m optimistic. A big break lik#Brexitit sometimes lifts trade+investmt energy; hard choices are, briefly, easier.
@snlester has great suggestions for UK trade agreements program. Keep it simple, move quickly, be bold::https://t.co/UBGbADIz6Q
AU Stats Bureau hides import data on 2728 items b/c someone asked!! Guns, steel, laptops, coffee-extract(!), nuts…::https://t.co/isQqAROsTY
Some data on roots, scale of racial killings in USA from @HenryErgas [https://t.co/j54p7QScNd] & @m_sendhil NYT [https://t.co/7PLEg57FEa]
“Why the E.U. Had It Coming… This decades-old spell is set to break.†Disillusion beyond the UK::https://t.co/hbU008npF6
For Howard in AU too it was/is about the alliance. Was 2004 AUSFTA his reward for joining this unnecessary disaster? https://t.co/YvemgxOqdM
SimonEvenett So #g20 trade ministers note “worrying” rise in #protectionism. They should know. g20 responsible for 81% of protectionism worldwide in 2015
RT @JordanEliseo: The Reaction to Brexit Is the Reason Brexit Happened | Rolling Stone https://t.co/rQNoi4bW9B
… also, a teriffic banner photo::https://t.co/JTVxnJ2Nfx
“Virtue signalling is the epitome of the new faux-compassionate, egocentric left.†Agree or not it’s great polemic::https://t.co/JTVxnJko75
“What I found most inspiring… is [#Leaver’s] sense of optimism and appetite for changeâ€::https://t.co/V4fl7sCbzf
“The WTOI is not intended as a short-term forecast†Disingenuous? #WTO must know that’s how the “dial†will be read::https://t.co/H4ia0IHSgK
Uh-huh! “…end-point bias inherent in smoothing algorithms…data points may occasionally be subject to strong revisions in subsequent months.â€
Hmm…“Indices of the [WTO Trade Outlook] are …seasonally adjusted, smoothed, de-trended and amplitude adjusted†https://t.co/RCrtqTA9u0
Oops! “gagner†(Blast this iOS idiotic predictive text! I’d really prefer to make my own spelling errors!)
“…Vous allez gangner un bon voisin!†Well said. https://t.co/hTgDNd2Pg1
Thanks @SincDavidson for relaying the abusive term “reg monkeysâ€; one to treasure (do read the Borjas link)::https://t.co/4h6602FnyH
OTOH, here is @SimonEvenett arguing (2013) the the UK did better out of EU FTAs than it would on its own::https://t.co/tV7uLBd84E
Still trade agreements are oversized, overrated, chiefly for. pol gestures. Don’t create trade; most have small, declining impact on growth.
UK does not lack ‘negotiators’. I’ve trained hundreds of trade negotiators; most are middle level civil servants in any central govt agency.
#Brexit gives UK options for deals w/ rest of world (60% of exports now) that are near impossible w/ EU28 (see #CETA, #TPIP)
Idea UK might lack trade agreements post #Brexit started w/ Obama’s rudeness (‘back of queue’); gets too much cred::https://t.co/6ocaCMpKlO
A pretty good piece (brief, back-links) on #CETA’s ‘mixed’ status. Not entirely a #Brexit reaction::https://t.co/7wC45YVz1D
RT @CoppetainPU: As I understand it, it’s a “MIxed agreement” where competence is shared between Commission and Member States/Council https…
@SimonEvenett HI Simon: can’t seem to get this BBC audio outside UK. Is your 2103 paper available?
Is the slump in stocks of (3) UK companies a warning for GBR or EU post #Brexit? https://t.co/Vi9qbFhT2i
🇺🇸Thomas Jefferson 🇺🇸 @ GitHub: “Weeding out some of my verboseness (which, although lovely, is a bit superfluous)â€::https://t.co/rsB33JdBSD
Have #Leave leaders disappointed? Have they prepared less, behaved worse than #Remain’s leaders? Seen from abroad it looks like a toss-up.
Most cited guess about UK gains from EU memsh’p (https://t.co/rxBKcK6SYm) is really about counterfactual case based on experience of ARG+NZ
Or maybe not “…but we haven’t got the slightest idea how long talks between Britain & EU will take, or the result.†https://t.co/U9BcYz4oxv
RT @jamieamartin1: Me for @CityAM : Britain can look forward with definite optimism to post EU future https://t.co/ozamIMORe0 #EUreferendum
RT @RossCameron4: UK’s George Osborne ready to slash company tax to 15% to “build super-competitive economy” | https://t.co/9hnIkOwva8 http…
RT @DanielJHannan: Extraordinary. Schäuble admits he only threatened to exclude us from the market because George Osborne asked him to. htt…