Posts Tagged ‘china’

Why has Global Sticks, a manufacturer of wooden ice cream sticks, moving from Dalian, China to Thunder Bay, Ontario? It’s the kind of low margin manufacturing that is never supposed to come back after it leaves North America for cheaper labour abroad. But wage costs are no longer everything they were cranked up to be. [...]

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Will Export Restrictions on Energy Echo Those on Food?

Posted by Jeff Rubin on May 18th, 2011 under SmallerWorldTags: , ,  • 12 Comments

Will Export Restrictions on Energy Echo Those on Food? Higher prices are supposed to encourage more world supply. It’s standard textbook economics. But what happens when instead of export-oriented global firms, it’s governments that control supply. They may not respond to price signals the same way as profit maximizing companies. n fact, they may respond in [...]

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PIGS Don’t Get To Burn Oil

Posted by Jeff Rubin on May 4th, 2011 under SmallerWorldTags: , ,  • 12 Comments

With OPEC tapped out, where will China find the oil to power future economic growth? The obvious answer is it will take a big chunk out of the 19 million barrels the U.S. economy burns every day. And China doesn’t have to build a blue water navy or engage in an arms race to take [...]

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There are many ways that oil shocks affect the economy, and none of them is good. As the prices of gasoline, diesel and home heating fuel rise, consumers’ energy bills eat up a growing share of their after-tax income, forcing cutbacks in more discretionary areas of spending. The next thing you know, people are going [...]

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There are basically two ways to cut carbon emissions, and neither one of them involves global climate change summits like the one just held in Cancún, Mexico. The way I see it, you can either price carbon, or you can restrict growth. As they did for the previous meeting in Copenhagen, some 200 of the [...]

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