In The News

The Global Sweep to Mop Up the World's Oil Resources

November 14, 2005
China is scouring the globe for energy with which to fuel its economic boom. It has found much of that energy in Africa. Dangling promises of aid and development in exchange for access to oil, Beijing has forged partnerships with a growing number of countries south of the Sahara. The Chinese are not uneasy about dealing with African regimes considered too corrupt or too brutal by the West....

Trade Not Aid is the Key to Development

Mustapha Nabli November 10, 2005
Success at the Doha Round of world trade talks would be a major step towards reducing poverty in developing countries. Looking back over the last four decades and focusing on East Asia and China, where trade has been instrumental in surmounting poverty, it is obvious that trade, not aid, is responsible for successful development. The opportunity of the Doha Round is crucial for the Middle East...

Nigeria Can Help Create More Moral Global Economy

Ken Wiwa November 9, 2005
Nearing the tenth anniversary of the execution of nine Nigerian political and environmental activists, questions still remain as to whether their sacrifice has been in vain. Ken Wiwa, a journalist whose father Ken Saro-Wiwa was instrumental in voicing the unjust corporate practices of Shell and other oil companies in the Niger Delta, here writes of the opportunity for Nigeria to escape the dark...

The Final Outcome of Summit: Two Americas

Andres Oppenheimer November 6, 2005
The fourth Summit of the Americas has fractured the hemisphere into two blocs—one consisting of Brazil, Argentina, Venezuela, Paraguay, and Uruguay; the other consisting of most of the rest of the Americas—that could not even agree on a joint post-summit press conference. They certainly do not agree on the fundamental issue behind the split: free trade. There is hope for agreement in the...

Why the Americas Have Drifted Apart

Howard LaFranchi November 3, 2005
When the Summit of the Americas first met, in 1994, it celebrated the spread of democracy in the Western Hemisphere and resolved to create a pan-American free trade zone by 2005. There will be no free trade pact and little celebration, however, when President Bush attends the fourth Summit of the Americas this week. Washington's vision for Latin America is in trouble, hurt by disagreements...

Prepare Now for Sino-Indian Trade Boom

Niraj Dawar October 31, 2005
China and India are natural trading partners, but years of political hostility have prevented the two from taking full advantage of their complementary relationship. That is changing: Sino-Indian trade may skyrocket from $14 billion annual in 2004 to as much as $450 billion in 2010. Multinational corporations now need to change their business models if they hope to profit from this new surge...

International Migration: Brain Drain or Brain Gain?

Caglar Ozden October 31, 2005
The surge in globalization since the end of World War II has been fueled chiefly by an international exchange of goods and capital rather than people. There are signs, however, that international migrants are playing an increasingly important role in globalization as the world enters the twenty-first century. What are the costs and benefits of this new wave of migration? The principal cost of...