Radius' top blog posts of 2017.
Last month, the US men’s national soccer team lost a game that knocked the US out of the 2018 World Cup. One prominent commentator called it “the most surreal and embarrassing night in US soccer history,” and its economic consequences will be significant and long-lasting.
The French government has announced reforms to make the country’s labor system more employer-friendly. The reforms will ease the process of hiring and firing employees and should lower unemployment and induce foreign investment.
India has a $2 trillion dollar economy that's growing. But monsoons continue to have outsized effects on year-to-year growth, affecting everything from inflation to foreign investment.
Trade-agreement negotiations between the EU and the four South American countries that comprise Mercosur have dragged on for 17 years, but they’ve taken on a new urgency due to US protectionist policies. The two sides aim to finalize an agreement by the end of the year.
Last week, Japan’s Cabinet Office released the country’s second-quarter GDP report. It contains some real surprises, including a notable uptick in consumer spending. But experts and policymakers remain baffled by the country’s flat inflation levels, a serious problem given Japan's massive public debt.
This month’s transfer of Brazilian soccer player Neymar from the Spanish super club Barcelona to the French super club Paris St-Germain included a transfer fee of over $250 million, putting it on a par with some of the year’s biggest cross-border M&A deals. The transaction speaks to the changing nature of global super clubs and to the global economy itself.
DPAs are agreements between prosecutors and companies that essentially say authorities won’t prosecute fraudulent activity if a company agrees to pay a fine and get its regulatory house in order. Corporate leaders should know that the US and UK have different DPA systems in place.
For years, China’s government encouraged privately-owned companies to engage in cross-border acquisitions, and enabled them with cheap debt. This led to the rise of “gray rhinos,” free-spending companies that have dramatically changed the global M&A landscape. Beijing is now looking to rein them in.
Last week, the US Trade Representative Office released a summary of objectives for NAFTA renegotiation, which will likely begin next month. We explain the Trump administration's change in strategy and why the renegotiation is so important.
President Trump’s visit to Warsaw highlighted Poland’s steady rise to economic prominence over the last two decades. The Eastern European nation is now poised to join the ranks of IMF advanced economies. The last country to make that leap was South Korea 20 years ago.
Officials from 76 countries met in Paris this month to sign or promise to sign an OECD multilateral convention that some describe as “a kind of super tax treaty.” This post describes what the convention is and why the signing ceremony should be a wake-up call for businesses.