Global Trade. Log In. Our industrialized food system nourishes more people, at lower cost, than any comparable system in history.
It also exerts a terrifyingly massive influence on our health and our environment. Photographer George Steinmetz spent nearly a year traveling the country to capture that system, in all its scope, grandeur and dizzying scale. His photographs are all the more remarkable for the fact that so few large food producers are willing to open themselves to this sort of public view. How We Share the World. This interactive graphic shows how the world is divided according to six different socioeconomic variables.
The land area of each country represents its share of the worldwide total. Click on a circle to reshape the map For attribution and data sources, scroll to the bottom. I have been having fun experimenting with cartograms lately. As maps go, they have their shortcomings. For more information about what a cartogram is, have a look at my last two posts, The Housing Value of Every County in the U.S. and A Striking Perspective on New York City Property Values.
For this map, I looked at several different socioeconomic variables to include. The GDP-scaled map makes it clear how dominant the U.S. economy is. Government Debt Looking at the world scaled by government debt, the first thing that jumps out is Japan. These Charts Show How Globalization Has Gone Digital. Since last November, when the English singer Adele posted a track from her latest album, 25, on YouTube, she has sold more than 15 million downloads worldwide.
That makes her one of the most famous beneficiaries of the new age of digital globalization. Yes, globalization. For many people, that word conjures up, at best, images of container ships moving manufactured goods from far-flung factories. At worst, it harkens back to acrid debates about trade deficits, currency wars and jobs moving to China.
In fact, since the Great Recession of 2008, the global flow of goods and services has flattened, and cross-border capital flows have declined sharply. But globalization overall isn’t on the wane. Just 15 years ago, cross-border digital flows were almost non-existent. Digital flows are seemingly everywhere. Trump withdraws from Trans-Pacific Partnership amid flurry of orders. Donald Trump has begun his effort to dismantle Barack Obama’s legacy, formally scrapping a flagship trade deal with 11 countries in the Pacific rim.
The new president also signed executive orders to ban funding for international groups that provide abortions, and placing a hiring freeze on non-military federal workers. Trump’s decision not to join the Trans-Pacific Partnership (TPP) came as little surprise. During his election campaign he railed against international trade deals, blaming them for job losses and focusing anger in the industrial heartland. Obama had argued that this deal would provide an effective counterweight to China in the region. “Everyone knows what that means, right?” The TPP was never ratified by the Republican-controlled Congress, but several Asian leaders had invested substantial political capital in it.
Trump’s election opponent, the Democrat Hillary Clinton, had also spoken out against the TPP. Globalisation has made the world a better place. I was recently in beautiful Chile for a Futures Congress, and I had a chance to travel south to the very tip of Latin America.
I also recently made a BBC radio documentary called Fixing Globalisation, in which I criss-crossed the UK in search of ideas for improving certain aspects of it and discussed topical issues with well-known experts. In both cases, I saw things that convinced me that it is past time for someone to come to globalisation’s defence. Chile today is Latin America’s richest country, with per capita GDP of about $23,000 – similar to that of central European countries. This is quite an achievement for a country that depends so heavily on copper production, and it sets Chile apart from many of its neighbours. Like many other countries, Chile is facing economic challenges, and its growth rate leaves something to be desired; but it also has many promising opportunities beyond its borders. Globalisation once made the world go around. Is it about to grind to a halt?
His speech was like one normally expected of an American president.
Countries must resist the temptation to retreat into harbour, the world leader said to a packed and admiring audience, but instead have the courage to swim in the vast ocean of the global market. This was the kind of paean to free trade that might have come from John F Kennedy, George W Bush or Bill Clinton – all occupants of the White House who saw it as the United States’s role to defend the open international trading system set up at the end of the second world war. This, though, was China’s president, Xi Jinping, in Davos last week, making it clear that he was prepared to fill the vacuum if Donald Trump went ahead with the sort of protectionist policies he had proposed in his election campaign. The new US president has said he will renegotiate the Nafta free trade agreement between the US, Canada and Mexico and slap duties on imports from countries that don’t play by global trade rules. TheWorldIsFlat.