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Thoughtful piece by my former Finance colleague Robert Asselin : industrial policy doesn’t have to mean subsidies

1/2 Not only will #China's #population decline this year, but this will be the year that #PopulationOfIndia finally overtakes #ChinaPopulation...

2/2 ...but both countries will be overtaken this year by the continent of #Africa

Resharing this etymological #Map of #Africa. It tells us where place names came from. Love it! Source: buff.ly/2xNBISS

2/“basics of battery-making: buy a large volume of scarce inputs — of which nickel and lithium are among the less exotic; manufacture them into cells, at scale, using $100s mill worth of machinery; sell output in an almost purely B2B market with no loyalty or aftersales revenue”

If he shoots down one more balloon, Biden gets a giant stuffed Pikachu toy from the concessionaire

“Never wrestle with pigs. You both get dirty and the pig likes it.” — George Bernard Shaw

📊 The OECD ➡️ Better Policies for Better Lives Economic Survey for Canada was released yesterday. 📢 As highlighted by OECD Economics, we recommend greater policy focus on productivity-enhancing reform - crucial in improving the business environment. Read the recommendations here 👇 oecd.org/economy/canada…

New article by me and CIGI colleagues Paul Samson and Hector Torres: The Cooperation Imperative: Why We Must Fix Global Economic Institutions cigionline.org/articles/the-c…

Thoughtful piece by Robert Asselin of the BCCC on industrial policy

(It's von Neumann in 1955.) geosci.uchicago.edu/~kite/doc/von_…

Good piece by Alan Wolff of ⁦Peterson Institute⁩: if the US wants “friendshore” it should join the #CPTPP—a trade agreement that it helped to design. piie.com/blogs/realtime…

Visualizing Global Attitudes Towards AI 🤖 visualcapitalist.com/visualizing-gl…

The importance of data as a driver of technological advancement cannot be underestimated, but how can it be measured? Tim Sargent and Laura Denniston analyze data governance strategies needed to ensure that data is being used for everyone’s benefit. cigionline.org/publications/v…

Chris Haun and i contributed a paper to this special issue of the International Productivity Monitor CSLS.ca/ipm.asp Suffice to say, the picture isn’t very encouraging…

My latest for ⁦The Hub⁩, with ⁦Fen Hampson⁩. Lots of economist bemoan interprovincial trade barriers: here’s a way to do something about them thehub.ca/2024/05/23/fen…

Privately-owned firms' share of market capitalization among China's 100 largest listed firns shrank from a peak of ~55% in mid-2021 to just 33% at the end of June this year. At the same time, the share of state-owned enterprises rose from less than 1/3 to ~54%. #PIIECharts

Foundations: Why Britain Has Stagnated. A new essay by Ben Southwood, Samuel Hughes & me. Why the UK's ban on investment in housing, infrastructure and energy is not just a problem. It is *the* problem. And how fixing it is the defining task of our generation. ukfoundations.co

Competition in the Financial Sector x.com/i/broadcasts/1…

For the China sceptics out there.