In The News

Reverse Coupling

Nayan Chanda October 11, 2010
As the economies of Brazil, India and China continue fast-paced growth, many economists mull whether they have decoupled from traditional Western markets mired in debt, unemployment and banking crises – and are perhaps even capable of boosting the developed world. Nayan Chanda, YaleGlobal editor, examines two recent reports that examine decoupling trends between developed and developing nations:...

Bangladesh, “Basket Case” No More

Sadanand Dhume October 5, 2010
With the 1947 end of British colonial rule in India, Muslim-majority territories were created as a separate state, broken into East and West Pakistan. The eastern wing, more than 1000 kilometers from the west, pursued autonomy. At the end of a bloody war of resistance backed by Indian independents, Bangladesh emerged in 1971. Since then, the nation has pursued economic development, forswearing...

Australia Gets Money, China Gets Australia

Malcolm Knox September 20, 2010
Chinese investment and trade in Australia have grown rapidly. Australian metals and fuels flow to China to help power industrial growth. The scale involved – the costs, the tons moved each day – buoys the Australian economy during a time of global recession. Yet while most Australians deem China’s role as positive, a majority also worries about an over-reliance on such investment. While Australia...

Maoist Insurgency Trips Up Rising India

Eric Randolph July 29, 2010
Enjoying rapid growth, India looks to make use of rich mineral holdings in its eastern states. But the rural poor and tribal people living near these deposits have been deprived of their rights and often oppressed by corrupt officials in cahoots with developers, explains journalist Eric Randolph. About 40 percent of India’s majority rural population lives in poverty but cell phones and...

Speak Softly and Carry a Blank Cheque

July 22, 2010
Thanks to strong global demand for its agribusiness and industrial commodities, Brazil is one of the world's largest emerging markets and one of the rising BRIC four – along with Russia, India and China. Goldman Sachs predicts the combined economies of the four will exceed the G-7 total by 2032. With such economic power, Brazil extends several billion in development aid to other countries,...

Attention Whole Foods Shoppers

Robert Paarlberg June 21, 2010
According to the UN Food and Agriculture Organization, more than a billion people, most living in developing countries were undernourished last year. In turn, the UN World Food Program identifies poor agricultural infrastructure as a root cause of hunger. Because of “buy local” campaigns in the West, interest has fallen among international donors to fund modern agriculture in developing nations...

India's Medical Tourism Industry

Neeta Lal June 2, 2010
Producers of necessary goods anticipate sustained profits, but that does not preclude competition in the areas of quality or affordability. As costs for health care climb in developed nations, India’s hospitals and physicians step up efforts to become a destination for tourists seeking a range of treatments. Travel companies organize trips, sometimes combining treatment with sightseeing tours;...