7 Quotes by Richard Baldwin

BMW will now be able to turn its attention back to its core brands.

BMW has lost something like $6 billion since they acquired Rover, and they are getting rid of something that has been losing $2 million a day and been a specific problem in terms of the drag on management time.

Asia's volume growth rates are expected to outstrip those of Europe and the U.S. over the next ten years.

These WTO rounds always look like they're going to collapse just before they get done. That's just the nature of the game.

I'm sure there's going to be a deal. At a country-by-country level, everyone can win.

From 1990, the trend flipped; a century’s worth of rich nations’ rise has been reversed in just two decades. Their share is now back to where it was in 1914. This trend, which might be called the “Great Convergence,” is surely the dominant economic fact of the last two or three decades. It is the origin of much of the anti-globalization sentiment in rich nations, and much of the new assertiveness of “emerging markets.

The upward spiral was checked from the mid-1980s and reversed around 1990. For the last couple of decades, the G7 share has been torqueing downward at a mighty pace. Today it is back to the level that it first attained at the very beginning of the nineteen century.