Globalization Becomes a Question Mark
A Biblical seven years—that’s how long it took Canada and the EU to conclude a new trade pact. The deal would cut tariffs on industrial goods and farm and food items, and also open up the services sector, from cargo shipping to finance, according to the NY Times. In an earlier time, such a global agreement would have been hailed as a model for advanced economies to ease the burden of transnational regulation so that commerce could flow more freely and more profitably for all parties while allowing investments by companies to be protected by updated government rules. Now, such deals are radioactive in today’s nationalist political climate. It’s a reminder that progress is not linear or inevitable, and that business is connected to the larger society in deep ways—like it or not.
John Howell, Editorial Director
ReportAlert: Legg Mason issues 2016 Corporate Social Responsibility Report
ReportAlert: Microsoft releases 2016 Corporate Social Reponsibility Report