Fred Curtis

The new geography of trade: globalization’s decline may stimulate local recovery

It is an article of faith that global trade will be an ever-growing presence in the world. Yet this belief rests on shaky foundations. Global trade depends on cheap, long-distance freight transportation. Freight costs will rise with climate change, the end of cheap oil, and policies to mitigate these two challenges.

… In addition to the corporate response, there is a second, more local, noncorporate response. This response is found in the Relocalization and Transition Towns movements now springing up in many developed countries. It is a bottom-up response that includes individuals and municipalities planning for a post-peak-oil future and altering their way of life.

February 10, 2012

The new geography of trade: Globalization’s decline may stimulate local recovery

It is an article of faith that global trade will be an ever-growing presence in the world. Yet this belief rests on shaky foundations. Global trade depends on cheap, long-distance freight transportation. Freight costs will rise with climate change, the end of cheap oil, and policies to mitigate these two challenges.

January 24, 2012

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