Ad Here  
November
December
January
February
March
April
 
 
Naidu will soon build a new Hyderabad TIAM turns a full cycle Haul over the coal A more liberated TN… Marketing expert Balagopal is no more Editor's Notes Plummeting profits of PSBs Towards speedy justice A professional at the helm of IRDA... Cement prices continue to rise… Small units prefers to remain small... Insurance companies bleeding, yet no decision on increasing FDI limit! Naidu’s return augurs well for Seemandhra A welcome initiative by the judiciary Nuclear power at the nucleus A Grand Finale for SN’s MS centenary at the US… Parliament in paralysis... Readers' Mail More tributes to GR Bihar – Nitish Kumar adopts the Lalu model Pharma – overdose of copying Bihar elections - the Rajaji formula worked Lalu’s envy, India’s pride The sea- saw battle continues... to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines Adapt Vajpayee dinner diplomacy Limit foreign borrowings to hi-tech, export potential projects... Make standards certification mandatory... The brown list of Venkitaramanan Streamlining mandatory third party cover Build close rapport with business leaders More Shakti to resource mobilisation... Modi and the lady Fortune for Indian Airlines IAS invades NDDB... Tribute – Manikam Ramaswami Shale gas and its shallow future Waning interest in public discussions… The ‘Jayanthi Tax.’ Increasing non co-operation of state leaders Funding the un-funded TGS- The king storyteller Mu Sigma – is no more Telangana in top gear… Wanted: a second airport for Chennai When small is no larger beautiful.. SoA @ 80 The why of tax incentives Solar, solar everywhere … Tihar, Puzhal not different from Parappana Agrahara The balancing act China invests in India Permanent secretariat for TN GIM A think tank for Chennai He saved millions from starvation... Welcome focus on core competence Lesson from Chandrababu Naidu The star of Spencers is no more The power-full Hindujas Diamond jubilee of Egmore Samskrt School Scientists urged to take up farmer-oriented research A glass full of corruption The Ports’ Pasha expands into Tamil Nadu Poor quality of university VCs There was flood of milk. Reason: no milk commissioner! He continues the focus on social amelioration Whistle-Stop Tour of Raghuram Rajan Vibrant Gujarat Intellectual of rare qualities TN-leverage strength of BHEL, NLC... The Gulf aviation boom Sri Lanka votes for change Of course, Gujarat is vibrant No Maha Koottani in TN... Welcome GST Tax agriculture WTO Meet: resolved to meet again Air Asia India will set new benchmarks for budget travel Don’t seem to feel the pulse… Colour-Chem’s colourful KRVS A friendly business group Cutting the nose to spite the face Land reclamation from sea appears cheaper! Tribute – UCAL Selvan… All eyes on Sankara Nethralaya Why land prices zoom in TN? Should we change the official year? Quality education through the PPP mode Shipping woes of Chennai companies Which side are you, Montek? B H Kothari - a tribute Roaring Ro-Ro facility Godspeed, Chief Minister JJ A rich pool of talent not utilised…. L&T- the specialty of special purpose vehicles TELANGANA at last…BUT Paytm karo... Noble nonagenarians... Dr C Rangarajan returns to Chennai Making ‘my Amaravati’... Cleaning Ganga – relocate tanneries and install electric crematoria Airlines in India: cost and space Put expensive assets created to use... Kinetic Karnataka Remembering Indira Sivasailam... Medical costs hit the roof... Breaththrough in malaria control Why this malaise in medical education? Fall in crude prices help in oil sector reform Russi Mody – a tribute Kulandai was a giant The ‘Ayyo-yes’ is no more How Air-India loses customs... For whom the bell tolls? TN – agglomerate land holdings without alienating ownership Secularism and anti-Hinduism More heat than light More Shakthi to Das’ elbow Engineering seats go abegging Mersal magnified Rs.1600 crore paper board plant of TNPL Revving up the manufacturing sector Valli, they are more marginalised PPP mode for upgrading Corporation Hospitals Five star activism stalls development activity Protest masters... The Swadeshi Trump Discoms deserve better… Banning booze... A C Muthiah – his munificent bequeaths to science An informal presentation - analytical, forward locking... Eternal support for capitalisation of PS banks Robber barons everywhere Boy, can you beat these? R Sridhar steps down as CEO of Shriram Capital GM Technology at last! Contrarian cousins When online building permits work…. Shaming of Tamils by Tamil farmers at Delhi When the President was rendered homeless… Inflation: are we emulating Argentina and Brazil? Measuring roof tops in terms of KW/MW When TN politicians can emulate Kerala's Align crops to agro climate endowments… EEC at the National Media Centre Gay abandon in pricing Recognition to role of NBFCs.... Revive development banks... S Ramanathan – a versatile musician, musicologist Tough task taking states together S V Raju – a ‘good’ true liberal Gas is the way forward Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated Modi storms Silicon Valley Come elections, come advertisements... Welcome thrust on trade in Modi’s foreign visits... Maximising the micro pricing … Infrastructure funding – lessons learnt Tribute Return to king coal for urea... Things happen by accident and not by design... F C Kohli - his concerns all embracing IPL type auction for VCs? …and of a popular trade leader Delhi Chalo... Another Indian music maestro at the UN Padma Bhushan for A Ramakrishna London, London Narayan CIPET hqrs to stay at Guindy – for the present? When Ratan Tata visited SRM IPL - no surprise this scam Wise Presidents Strengthen the base... West Bengal: mindless malignancy Road development slows down Odisha: spectacular win by Naveen Patnaik No mega rail project for Tamil Nadu A yen for wastage… The rise and rise of KCP CII projects higher growth… The Jan Dhan bonanza Online not in line with brick and mortar businesses... Sweeter prospects for sugar Alexa – Talking Wikipedia Building loyalty through the stomach Computation of GDP – conundrums continue L&T: focus on infrastructure and more infrastructure… Multi-faceted Venkat An enemy’s enemy is a friend Excel Generators provide the vital back-up The nuclear option Quality silica from Neyveli Moily’s bold thrust TN accounts for the largest recruits by the IT sector Silver Years of Madras Musings A proud Madrasi Poor representation for Kerala and TN in Cabinet CRS, a jewel among managers, is no more. MHC should not return to its old indisciplined ways Shanti and Sadhana through Music Music happens Editor's Says Where is Rajaji? The rise and fall of Annamalai University Fortune 500 review Tatas moving out of urea production... The few handicaps... For whom the MIDS bell tolls? Tribute – M V Murugappan Delhi is distant Polls and promises CSR and CMI: promise of another Srinivasan Ramanujan... Where a state respects its litterateurs… Welcome changes that testify to Jayalalithaa’s return to health Sweet news for TN sugar mills Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai Adharma of opposition politics Preserving for the future A Grand Finale for SN’s MS centenary at the US… Muffled voices for merit… Reliance’s TV – 18 ready to launch Tamil News Channel ONGC at KG Basin Solar thermal shines… Auto components surge… GNS - 100: our first subscriber Fuel for thought Not just in-laws (and outlaws); they’ve renowned academics at the helm! EVM is tamper-proof When nations steal growth from one another… Kudos to NDTV... This scant respect for Law Delhi is distant… No engine for this car Focus on quality of power - its only around 170-180V Demise of a media baron... Liberal imports idling indigenous capacities Rahman at CIC Convulsions in The Hindu Like Hinduism: many paths to reach God... An inexplicable neglect Delhi returns to BJP PC’s preference for professionals New IT products of Ramco in the pipeline… Tatas moving out of urea production...
 
The Swadeshi Trump

Donald Trump won the US Presidential election 2016 on a major promise to protect jobs for the locals and to arrest unchecked migration. This has the potential to end decades of the US economy built on free market. While this did a lot of good for world trade, it resulted in the US losing out. 

While the continuous boom years post-1980s helped the US economy record multi-faceted growth, it also witnessed the US losing its pre-eminence in several sectors including agriculture. European countries followed by Japan and Korea, Mexico and several other Latin American countries, China and India in the recent two decades, have been thriving on this open market policy of the US. The economic giant, which encouraged migration, has been recording negative trade balances with an increasing number of countries and has been sustained on huge public debt. The saving grace has been its continued dominance in high technology areas thanks to its strong educational system, entrepreneurship, drive towards energy self-sufficiency and space technology. But all the while the US has been losing on its traditional strength of manufacturing. These did impact on jobs especially at the lower end.

Donald Trump focused on this factor to win the presidency. Even before he assumed power, he has given a rude shock to several countries across the globe by announcing several drastic measures like constructing a wall across Mexico, its southern neighbour and high import tariffs on automobiles and other imports.

Over the last couple of decades large super markets across the US have been stacked with imported goods, largely Chinese, of every description. China has built its economy on exports in large volumes especially to the US and surely it will also be on the firing line of Donald Trump. To be fair to Trump, one should point to several countries including highly developed ones like Japan and fast developing ones like China and India erecting huge walls against free imports. Therefore they cannot protest overmuch.

The evolution of the European Community through free economic union over the last seven decades has been the driving force in ending centuries of nationalism-based, cross border animosities. Today there is the danger of the world reverting to the pre World War II conflicts among nation states.

 



Reported On :
Sector :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com