In The News

China's Imperial New Consumers

May 2, 2013
The world’s most populous nation has 1.3 billion consumers and plenty of purchasing power – enough to buy one seventh of the world’s total products by 2015, reports the Asia Sentinel. Foreign investors should be aware of trends in the Chinese market, as identified by a study from the Samsung Economic Research Institute. Hundreds of millions of young Chinese have migrated from rural to urban...

US Could Be World’s Most Populous Country

Joseph Chamie April 15, 2013
Nations that manage to satisfy a large population politically, economically, socially can become beacons of hope for the rest of the world. The US is the world’s third most populated country, trailing China and India, but could aim to become most populated by the end of the century: An eightfold increase in annual immigration would lead to a fivefold increase in the US population, explains...

In Egypt, The Kids Are Not All Right

David Ignatius February 19, 2013
Protests for representative government and human rights in Egypt have given way to thuggery and lawlessness, suggests David Ignatius in an opinion essay for the Washington Post. He compares “soccer thugs” roaming Egypt’s streets, defying authority, to the aggressive youth gangs in the 1962 novel A Clockwork Orange by Anthony Burgess. “They seem to disrespect their fathers’ generation for having...

Foxconn Union Heralds End of Cheap Era

David Pilling February 12, 2013
The ability to vote is generally suspect in China. But Foxconn, the world’s biggest contract manufacturer of electronics, will allow its million-plus workers to vote for 18,000 representatives, reports Financial Times columnist David Pilling. The Fair Labor Association, based in the US, will monitor the process. “[The] intention may not be to give his workers the wage-bargaining power that often...

Singapore Calls for 30% Population Growth

Jeremy Grant February 4, 2013
Asia’s vibrant city state has a problem: Its citizens are not producing enough children to sustain the economy. The government’s response is traditional and paradoxical: More people spur a society’s economic growth and wealth, but more children for individuals can curtail careers and prosperity. Singapore’s government has released a report pointing to a need for foreign workers as long as...

For Better Planning, Watch Global Demographic Trends

Joseph Chamie December 12, 2012
An understanding of demographic trends can assist governments in targeting policies for the future and saving money for education, retirement, taxes, healthcare, distribution of natural resources, and more. More importantly, targeted policies can ease resentment emerging over demographic imbalances. The globe can anticipate an additional 1 billion people by 2025 – a total of 8 billion – and...

An American President in the Age of Globalization

Strobe Talbott November 19, 2012
This week YaleGlobal Online marks its 10th anniversary and coincidentally it’s also a period of global transition. In Washington and Beijing, new administrations prepare to take the reins. We begin this week with an analysis of the significance of President Barack Obama’s reelection by Strobe Talbott, the first director of the Yale Center for the Study of Globalization, of which YaleGlobal is the...