Thursday, June 30, 2016

New column day

Here, on the Brexit vote as both a dangerous step toward an even more business-biased system of international relations, and a cautionary tale about basing votes on frustration.

For further reading...
- John Hilary highlights the trade negotiations likely to follow from the Brexit vote. And Jamie Doward takes a look at the "passport" issue for UK banks.
- As another reminder beyond the column that not all trade structures are alike, Roland Smith points out the difference between the World Trade Organization's relatively limited role addressing tariffs and the far more limiting provisions of other trade deals (though I'd disagree with his presumption that we should favour the latter).
- Andrew Coyne argues that the concept of open borders should be presented to the public for approval rather than being foisted on an unknowing populace - which would at least avoid the type of backlash seen in the Brexit vote. And Evan Solomon wonders how much longer the current trend toward corporate-focused globalization can last.
- Finally, Armine Yalnizyan rightly notes that Brexit and other maneuverings around trade deals won't change the general movement toward a more connected world. But we still have every reason to be interested in the rules governing our international connections.

[Edit: updated link.]

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