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