About the rise of populism..

[Horizon68]

Hello..


About the rise of populism..

I think that we have to be more smart , i think that the rise of today
populism is not the "right" solution, i will explain:

Look at this webpage from asiatimes about Sony company here:

https://www.asiatimes.com/2019/04/article/sony-closes-a-beijing-factory-on-cost-pressure/

It say the following:

"It’s a clear trend that low value-added functions, such as assembly,
are moving out of China toward countries with lower costs, an industry
insider was quoted as saying."


But if you are smart you will notice that you have to know
what is the "percentage" of this trend in the trade of goods, so here is
the numbers, so read carefully the following:

A globalization in transition..

If we computed better, we would see that trade services do not count for
a quarter of world trade (5,100 billion), but for more than half (13,400
billion), and that this part of the commerce grows one and a half times
faster than the other party for ten years.

For those who still believe that globalization is essentially about
moving production where labor costs are as low as possible, they will
have to upgrade, says McKinsey. This logic no longer applies today to
only 18% of trade in goods, the rest being decided according to the
availability of skilled labor, access to natural resources, the
proximity of consumers or the quality of infrastructure. Even
labor-intensive industries, such as clothing and furniture, have to
adapt to rising wages in poor countries and are increasingly resorting
to automation.

Read more here:

https://www.ledevoir.com/economie/551554/analyse-une-mondialisation-en-transition

So as you are noticing that now you are able to see that moving
production where labor costs are as low as possible just count for
only 18% of trade in goods, and the rest being decided according to the
availability of skilled labor, access to natural resources, the
proximity of consumers or the quality of infrastructure, so populism of
today has to know about this facts about Globalization and you have to
be able to know how to advance towards a better future, and to be able
to advance towards a better future you have to add more value to your
products and services and to be able to do it you have for example to
improve quickly in "education" and "health" (and you have also improving
in the overall system), for example read the following:

First, USA has to adapt and improve quickly in education and health
care, read the following to understand more:

The United States ranks 27th in the world for its investments in
education and health care as measurements of its commitment to economic
growth, according to the first-ever scientific study ranking countries
for their levels of human capital.

The nation placed just behind Australia (ranked 26th) and just ahead of
Czech Republic (ranked 28th). In contrast, China's ranking of 44th in
2016 represents an increase from its 1990 ranking of 69th.

"The decline of human capital in the United States was one of the
biggest surprises in our study," said Dr. Christopher Murray, director
of the Institute for Health Metrics and Evaluation (IHME) at the
University of Washington. "Our findings show the association between
investments in education and health and improved human capital and GDP
-- which policymakers here in the US ignore at their own peril. As the
world economy grows increasingly dependent on digital technology, from
agriculture to manufacturing to the service industry, human capital
grows increasingly important for stimulating local and national economies."

The World Bank President, Dr. Jim Yong Kim, defines human capital as
"the sum total of a population's health, skills, knowledge, experience,
and habits." It is a concept that recognizes that not all labor is
equal, and the quality of workers can be improved by investing in them.

The US's ranking of 27th in 2016 represents a significant decrease from
its 1990 ranking of 6th. It comes from having 23 years of expected human
capital, measured as the number of years a person can be expected to
work in the years of peak productivity, taking into account life
expectancy, functional health, years of schooling, and learning.

Researchers found that nations with greater improvements in human
capital also tend to have faster growth in per capita GDP. Countries in
the highest quartile of improvements in human capital between 1990 and
2016 had a 1.1% higher median yearly GDP growth rate than countries in
the bottom quartile of human capital improvements. For example, between
2015 and 2016, a 1.1% increase in the human capital growth rate in China
equated to an additional $163 per capita; in Turkey, $268 per capita;
and in Brazil, $177 per capita.

Read more here:

https://www.sciencedaily.com/releases/2018/09/180924190303.htm



Thank you,
Amine Moulay Ramdane.