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. 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

— Sep 27, 2024
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Industrial Policy as Zombie Economics

Industrial Policy as Zombie Economics is a new study that finds the “new” industrial policy model of increased partnerships between government and private sector, which is being pursued across developed countries, is likely to fail just as previous industrial policies failed. In particular, capital markets—and not government—are best positioned and incentivized to determine how financial capital and other productive inputs should be allocated in order to promote real economic growth and higher standards of living.

— Sep 24, 2024
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Weakness of Corporate Investment in Canada, 2001–2021

The Weakness of Corporate Investment in Canada, 2001-2021: Identification and Assessment finds that business investment in high-tech and innovative asset categories—crucial to raising living standards—has been significantly weaker in Canada than in the U.S. for the past 20 years, and the gap has grown larger since 2014.

— Sep 5, 2024
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Central Bank Forward Guidance: Handle With Care

Central Bank Forward Guidance: Handle With Care is a new study that assesses the increased use and effectiveness of forward guidance by central banks—that is, providing information to the public about the projected path of their policy interest rate to shape expectations—over the last 15 to 20 years spanning the period of the Global Financial Crisis and Great Recession to the COVID-19 pandemic.