In The News

Check Out That Colombian Tata!

Daniel Gross April 13, 2010
On a trip to Colombia, the author was surprised to find an example of the new nature of international corporations. Tata Consultancy is a branch of the Indian car company that recently bought several British and American brand-name car labels. Tata’s Colombian branch is providing services to a number of Latin American governments and corporations. An Argentinian manager oversees employees from a...

Brazil: Poster Boy of Globalization Charts Own Course

Kevin Casas-Zamora April 9, 2010
Leaving behind its history as an underdeveloped state dependent on US foreign aid and security umbrella, South America’s largest nation has ridden the wave of globalization to become a formidable economic and diplomatic power. In just two decades, Brazil cultivated a middle class by opening its economy and curbing inflation while installing social programs that radically reduced poverty. Timely...

Crumbs from the BRICs-Man’s Table

April 7, 2010
As global recession enfeebles the rich world, big middle-income countries, led by the BRICs, (Brazil, Russia, India and China) have dramatically increased their economic interest in poorer countries, and by consequence, their influence. This has taken direct – aid, investment, and trade – and indirect means, and continues to increase rapidly: the growing drought of rich-world assistance to Africa...

Information For Change

Nayan Chanda March 30, 2010
The speed of the Internet continues to increase dramatically, shrinking the world and creating new opportunities by delivering vast amounts of content to mobile devices. But the increasing speeds could create expectations and social pressures that governments are not prepared to meet. Countries need to have educated populations and good technological infrastructure to take advantage of the...

The World Needs Rebalancing, Not China Alone

Jeffrey E. Garten March 22, 2010
Washington’s uproar surrounding China’s handling of its currency risks becoming more than a trade spat, according to international trade expert Jeffrey E. Garten. If the US labels China a currency manipulator and imposes tariffs on Chinese goods, not only could this action wreck the recovery, as the world economy remains fragile, but it could also boil over into other realms of international...

Germany: Responsible for Europe’s crisis?

Cameron Abadi March 22, 2010
Germany’s economic policies have strengthened its domestic economy but weakened Europe’s less developed economies. Low prices, resulting from low wage increases, have made German products more competitive in the European market. Meanwhile, domestic consumption has shown muted growth, allowing imports to remain low. The result is a high trade surplus and one of the largest GDPs in Europe. But...

Xinjiang – Where China’s Worry Intersects the World

Christopher M. Clarke March 19, 2010
The recent killing of a Uighur terrorist in Afghanistan has brought new focus on the ethnic group in China’s western border region.of Xinjiang. The situation of the Uighurs – an ethnic Turkic, Muslim minority – reveals much about China’s internal conduct and external worries, according to China expert Christopher M. Clarke. Hailing from Xinjiang province, Uighurs have seen their majority in that...