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Economist Podcasts

Zero-sum: the imperilled global economic order

Jan 13, 2023
Henry Kerr, Economics editor at The Economist, and Tom Gardner, Horn of Africa correspondent, delve into the pressing global shift towards protectionism threatening economic stability. They discuss the fragile peace in Ethiopia post-conflict, the challenges faced by Tigrayan refugees, and the role of Eritrean troops. Additionally, they explore the dual narrative of narco corridos in Mexico, examining its portrayal of crime alongside themes of loyalty and hard work. The conversation captures the complexity of geopolitical tensions and cultural intersections.
25:25

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Quick takeaways

  • Rising protectionism poses a threat to global economic order with potential for subsidy wars.
  • Narco Corridos in Mexico highlight cultural complexities, offering insight into organized crime dynamics.

Deep dives

Economic Shift to Protectionism

Countries worldwide, including the US, are veering towards protectionist economic strategies, evidenced by substantial subsidies and conditional measures for local production. This trend, responding to China's strategies, risks escalating subsidy wars that may harm global markets.

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