Jankovic is a researcher who previously worked at the World Trade Organization in Geneva as a Senior Economist on matters of trade and the like. His forthcoming treatise entitled ‘Imperium in Imperio’ on industrial policy as a fillip to economic growth is in the midst of being authored to dispel the fiction that government and free markets are mutually exclusive. Jankovic has presented his library of analyses at the Heritage Foundation and other institutions of note in plumping for policies that buoy the working class whose purchasing power leaves much to be desired.
A great deal of his written corpus dilates on the magic of capitalism but also broaches how its capture by firms has made it where their losses are unjustly socialized by subsidies. Such corporatism enables the moral hazard of traders and industry captains alike whereby taxes pilfered from blue-collar workers are profligately spent. This deadweight loss from a rent-seeking society portends poorly for the historic levels of debt.
Equally in the bailiwick of Jankovic’s bandwidth is his fondness for economic organizations like the WTO, IMF, World Bank and EU. His next monograph to be published plumbs why bilateral trade displaced multilateralism as the WTO sits defunct when deprived of its legal dispute settlement mechanism. Akin to the centrifugal forces balkanizing the EU the failure alludes to deep rather than shallow integration which railroads naysayers into straitjackets of agreement. A variable geometry of growth in a marriage of flexibility and pragmatism should be resurrected anew analogous to the old General Agreement on Tariffs and Trade (GATT) or the European Economic Community (EEC) prior to the 1995 Maastricht Treaty that adjusts for the sui generis development of each economy.
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