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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Global reset – Monetary decoupling (Part 11: The future of cryptocurrencies)

Global reset – Monetary decoupling (Part 11: The future of cryptocurrencies) Phuah Eng Chye (6 November 2021) Digital currencies are part of a broad information revolution that is disrupting how activities are organised. Traditional intermediaries, platforms and start-ups alike are jostling to establish a foothold in the fast-growing cryptocurrency industry. But at the moment they … “Global reset – Monetary decoupling (Part 11: The future of cryptocurrencies)”

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Global reset – Monetary decoupling (Part 10: CBDC implementation)

Global reset – Monetary decoupling (Part 10: CBDC implementation) Phuah Eng Chye (23 October 2021) We have moved from the electronic to the digitalisation phase of a cashless society. The electronic phase mainly converted physical currency into electronic forms and usage. The digitalisation phase will take it up one step further by linking currency with … “Global reset – Monetary decoupling (Part 10: CBDC implementation)”

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