Articles
FDI Screening – Technology Transfers
All countries use a method to evaluate inbound foreign investment for national security concerns but the process is increasingly politicised in large economic blocks. The EU is becoming more protectionist just as the U.S. succumbed to worries about Chinese technology...
Brexit and NAFTA
Deliberate leaking/briefing of the press about UK interest in joining NAFTA was designed to do one thing - unblock the Brexit talks. We believe NAFTA is a plausible prospect and hence the EU should view it as such. This is the last card the UK had to play - meaning...
Japan and Geopolitics
The central dilemma for Japan is whether it should resist or placate China's rise and associated changes in relative power. The U.S. alliance is the cornerstone of Japanese strategic thinking but Trump's rhetoric and behaviour has given pause for thought. It would...
European Political Risk Resurgent
Some in the markets wish EU political risk away, however, the underlying dynamics of the union make this impossible. Centrists won in key countries during 2017 but that does not mean the citizens are happy with their performance - just more unhappy with alternatives...
Catalonia and Spain
The implications of Catalonia's illegal referendum and Spain's overreaction will be felt for many years. The situation itself will probably result in a lengthy impasse while central governments across the EU are likely to react by restricting power transfers to...
Why Protect the WTO
The WTO is the protector and implementer of the global trade system. It is not perfect but it represents the gains produced through painstaking diplomacy over decades after WWII. It is no longer the focal-point of new trade initiatives after the failure of Doha Round...