Trade Winds RSS Feeds 12 May 2017 Tags Divya Skene Trade Winds This week’s readings reflect on economic policies that will shape the global economic landscape. Petersen Institute dissects the ‘Buy American, Hire American’ initiative, and looks closely at the drivers of bilateral trade deficits. “Macron’s victory highlights how Europe has again defied the doomsayers. Even if the continent remains haunted by populism and political extremism for the foreseeable future, in comparison with other major advanced and emerging economies, it is a relatively stable and predictable place.” Petersen Institute on Emmanuel Macron’s victory in France. Purpose-built financing vehicles – so-called ‘government guidance funds’ – are key to driving China towards achieving the objectives of the China Manufacturing 2025 roadmap. Project Syndicate argues this pragmatic approach to industry policy should inspire other countries including the United States. FIRB has summarised changes announced to the foreign investment framework in the 2017 Budget. ANZ BlueNotes provides tips on doing business with Indonesia.