By: Kiki Verico, Associate Professor of International Economics – Universitas Indonesia and Senior Advisor on Industry and International Trade to the finance minister Can Indonesia benefit from global economic reshoring? The short answer is yes, but how? Let us start with the big picture before going into more detail. Indonesia, officially in its long-term development […]

Last month, Samsung CEO Kye Hyun Kyung welcomed Commerce Secretary Gina Raimondo and a bipartisan group of elected officials to celebrate a $6 billion investment in the company’s Austin-area semiconductor plant as part of the CHIPS Act. The event was one in a string of widely publicized, ribbon-cutting ceremonies where President Biden or his top aides locked […]

RPM International Inc. RPM is benefiting from the implementation of MAP 2025 operational improvement initiative, increased infrastructure spending, and acquisitions and divestitures. Recently, RPM reported third-quarter fiscal 2023 (ended Feb 28, 2023) results, wherein its earnings and sales surpassed the Zacks Consensus Estimate by 23.3% and 3.5%, respectively. The growth was backed by the abovementioned […]

Industrial policy is back with a bang. The COVID-19 pandemic revealed vulnerabilities in global supply chains, prompting intense debates in Congress about government’s role in the U.S. economy. The response has been increased support for favored domestic industries. But those decisions presage other problems. Central to the discussions has been the concern that certain foreign […]