The Great Economic War (GEW) (Part 10: The semiconductor technology battlefront)

The Great Economic War (GEW) (Part 10: The semiconductor technology battlefront) Phuah Eng Chye (3 December 2022) The US reacts strongly when it feels its economic and technology leadership is threatened; as it did against Japan in the 1980s. China’s rapid economic growth and technology advance is now triggering a similar response. According to the … The Great Economic War (GEW) (Part 10: The semiconductor technology battlefront)

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The Great Economic War (GEW) (Part 9: Geopoliticisation of MNCs)

The Great Economic War (GEW) (Part 9: Geopoliticisation of MNCs) Phuah Eng Chye (19 November 2022) In the post-colonial era, MNCs supplanted the military as the main force battling for control of global resources and markets. Nisha Narayanan points out “MNCs are powerful global actors…benefited from and fostered globalization through access to new markets, new … The Great Economic War (GEW) (Part 9: Geopoliticisation of MNCs)

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The Great Economic War (GEW) (Part 8: Lawfare)

The Great Economic War (GEW) (Part 8: Lawfare) Phuah Eng Chye (5 November 2022) Historically, world orders were primarily shaped by physical force – military, commercial and industrial. Post-WW2, the forces shaping the world order shifted from the physical to information. For several decades, the US emerged as the dominant superpower – with dominance in … “The Great Economic War (GEW) (Part 8: Lawfare)”

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Global reset – Economic decoupling (Part 6: MNCs in a deglobalizing world)

Global reset – Economic decoupling (Part 6: MNCs in a deglobalizing world) Phuah Eng Chye (26 February 2022) MNC-led globalisation expanded the power of MNCs at the expense of governments and the working class in developed economies. This trend has reversed as politicians tap into public dissatisfaction to revive nationalism.  Decoupling thus acts as a … “Global reset – Economic decoupling (Part 6: MNCs in a deglobalizing world)”

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Global reset – Economic decoupling (Part 5: Growing divergence between governments and MNCs)

Global reset – Economic decoupling (Part 5: Growing divergence between governments and MNCs) Phuah Eng Chye (12 February 2022) In the early days of globalisation, physical force was used to secure trade routes and colonies. Companies followed their country’s flag to extract the spoils of conquest. The imperialist model changed after World War 2 when … “Global reset – Economic decoupling (Part 5: Growing divergence between governments and MNCs)”

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Global reset – Monetary decoupling (Part 13: Intermediaries in the era of globalisation and decoupling)

Global reset – Monetary decoupling (Part 13: Intermediaries in the era of globalisation and decoupling) Phuah Eng Chye (4 December 2021) Intermediaries in the era of globalisation[1] During the era of colonialization, it was said that trade followed the flag and, by extension, that finance followed trade. Dutch and British banks ventured overseas to support … “Global reset – Monetary decoupling (Part 13: Intermediaries in the era of globalisation and decoupling)”

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