In The News

India's Pharma Ache

Yogi Aggarwal November 4, 2004
By mastering the process of reverse engineering, the Indian pharmaceutical industry has successfully produced generic drugs at low prices – crucial for providing affordable treatment to those in need. The government's impending adoption of Trips (Trade Related Intellectual Property in Services), a WTO measure, may significantly hamper the industry's success. If the Indian parliament...

Is Putin an Anti-Globalization Hero?

Liliana N. Proskuryakova November 3, 2004
Russian President Vladimir Putin has made few friends within the anti-globalization movement, despite government actions that – on the surface, at least – reflect goals espoused by demonstrators – from Seattle to Genoa. Liliana N. Proskuryakova argues that anti-globalization activists have held their applause, as they believe Putin's inconsistent policies betray a different agenda: His...

Globalization: Europe's Wary Embrace

Philip H. Gordon November 1, 2004
From anti-McDonald's crusader Jose Bové's campaign, to violent clashes between Genoan police and demonstrators, to the anti-globalization theme's growing popularity with left-wing socialist and right-wing nationalist candidates, the idea might seem to be dominating the European political landscape. Not so, says Brookings Institution scholar Philip H. Gordon. In fact, polls show...

Fueling a Crisis in Nigeria

Olly Owen October 25, 2004
Under a package of International Monetary Fund-endorsed reforms, the Nigerian government hopes to eliminate domestic fuel subsidies. Yet low gas prices are currently the only economic benefit for cash-strapped Nigerians, who see price increases as another kickback to local elites and foreign oil companies. The proposed reforms have caused domestic turbulence; unions launched a series of...

Trading in Pieties

October 22, 2004
A new European Commission proposal will give poor countries special access to EU markets if they agree to sign the Kyoto global warming protocol and other international environment and labor treaties. But manipulation of trade privileges is often thinly veiled protectionism, argues the Financial Times in this editorial. If trade negotiations do not focus on opening markets, the adoption of these...

Why Most Arabs Ignore the US Presidential Election

Rami G. Khouri October 20, 2004
As the American public bears down for its presidential election, the frenzy of debate in the US is met with a general lack of interest in the Middle East. On the issues of concern, primarily the Israeli-Palestinian conflict and the situation in Iraq, Middle Easterners see little difference between the two main candidates. The gap between American policies and Arab interests is widening, says The...

Frustrations in Beijing

October 20, 2004
Because of geopolitical imperatives, Russia and China need each other's economic and political cooperation – all the more so, now that Putin is seeking to boost Russia's global influence in the US-dominated world order. According to this Japan Times editorial, however, recent speculation about a new Beijing-Moscow axis is exaggerated. The two governments sealed their relationship in...