Steven Globerman

Senior Fellow and Addington Chair in Measurement, Fraser Institute

Mr. Steven Globerman is a Senior Fellow and Addington Chair in Measurement at the Fraser Institute, and Professor Emeritus at Western Washington University. Previously, he held tenured appointments at Simon Fraser University and York University and has been a visiting professor at the University of California, University of British Columbia, Stockholm School of Economics, Copenhagen School of Business, and the Helsinki School of Economics.

He has published more than 200 articles and monographs and is the author of the book The Impacts of 9/11 on Canada-U.S. Trade as well as a textbook on international business management. In the early 1990s, he was responsible for coordinating Fraser Institute research on the North American Free Trade Agreement.

In addition, Mr. Globerman has served as a researcher for two Canadian Royal Commissions on the economy as well as a research advisor to Investment Canada on the subject of foreign direct investment. He has also hosted management seminars for policymakers across North America and Asia.

Mr. Globerman was a founding member of the Association for Cultural Economics and is currently a member of the American and Canadian Economics Associations, the Academy of International Business, and the Academy of Management.

He earned his BA in economics from Brooklyn College, his MA from the University of California, Los Angeles, and his PhD from New York University.

Recent Research by Steven Globerman

— Feb 7, 2023
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Taxes, Innovation, and Productivity Growth

Taxes, Innovation, and Productivity Growth is a new study that highlights the negative effect that higher corporate and personal income taxes have on innovation. In particular, Canada’s tax system is uncompetitive compared to those of other advanced economies—including the United States—when it comes to encouraging innovation-related activities, which in turn slows productivity growth, a key driver of higher living standards.

— Oct 18, 2022
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ESG Investing and Asset Returns

ESG: Myths and Realities is a new essay series that highlights the misunderstandings and simplifications of Environmental, Social and Governance investing—ESG investing for short. This third essay, ESG Investing and Asset Returns, finds that, according to a broad review of existing research, there's no conclusive evidence that investing in companies with higher ESG rankings produces higher returns for investors. Therefore, there’s also no conclusive evidence to suggest that a more expansive ESG reporting regime, mandated by government in Ottawa or elsewhere, will produce benefits to investors or society more broadly.

— Aug 23, 2022
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Friedman and His ESG Critics

ESG: Myths and Realities is a new essay series that highlights the misunderstandings and simplifications of Environmental, Social and Governance investing—ESG investing for short. The second essay, Friedman and His ESG Critics, revisits Nobel laureate Milton Friedman’s iconic 1970 article in the New York Times, which argued that the sole responsibility of business is to increase profits, and that it is misguided to expect managers of businesses to try to achieve broad public policy objectives.