In The News

International Cooperation at a Crossroads

September 7, 2005
This month, world leaders will gather to review progress since the 2000 Millennium Declaration, a pledge to eliminate global poverty. Though much progress has been made, according to the United Nations 2005 Human Development Report, much work remains – particularly in order to meet the Millennium Development Goals (MDGs) by 2015. The report focuses on three "pillars of cooperation,"...

India's Mini-Multinationals Make Waves in Western Markets

Anand Giridharadas September 2, 2005
As India gains economic strength, its entrepreneurs are acquiring increasing numbers of overseas companies. In the first eight months this year, Indian companies paid US$1.7 billion for 62 foreign businesses, including a German metal forge, a South Korean truck maker, and a British tea company. The Indian as global owner marks a clear reversal for a country with vivid memories of its own...

Cellphones Catapult Rural Africa to 21st Century

Sharon LaFraniere August 25, 2005
In areas where electricity and indoor plumbing are rarities, a surprising trend is taking shape. Despite infrastructure shortcomings and widespread poverty, Africa is now the world's fastest-growing market for cellphones. Mobile technology is drastically changing business and daily life – speeding up communication and allowing for previously impossible interactions – in rural areas where...

Africa Needs Fair Trade, Not Charity

Mary Robinson August 23, 2005
Since the July G-8 summit and Live 8 concerts, the topic of African development has received unusual public attention. While the conversations have focused primarily on aid and debt relief, according to Mary Robinson, one topic has received inadequate treatment in international policy circles: free trade. Recalling her travels to cotton producer Mali and sugar producer Mozambique, Robinson...

To Soothe Anger Over Subsidies, US Cotton Tries Wooing Africa

Scott Kilman August 5, 2005
Jim Butler, deputy undersecretary at the US Department of Agriculture, was greeted with fanfare when he visited Mali, pledging US support to help increase the productivity of cotton farming there. The United States has recently taken an interest in "helping" West African cotton farmers produce more effectively, but the motivation may be more just benevolence. As developing nations...

The Descent of Man

Dennis Lim August 3, 2005
Darwin's Nightmare, Hubert Sauper's new documentary released in the United States this week, chronicles an evolutionary and globalization-related predicament. Decades ago, the Nile perch was introduced to the waters of Lake Victoria in Tanzania, with the aim of replenishing over-fished waters. In the years since, the six-foot fish have proved a lucrative export for Tanzania, but a...

Free Trade and Poverty

Joachim Bamrud August 3, 2005
Despite years of market reforms, many Latin American countries remain poor. Latin Business Chronicle editor Joachim Bamrud traces the region's poverty and sluggish growth to the continuing protectionism of many countries. President George W. Bush's signing of CAFTA provides Latin America with a new opportunity to abandon import tariffs, which actually hinder domestic growth and the...