In The News

As China's Losses Mount, Confidence Turns to Fear

Ariana Eunjung Cha November 5, 2008
A global credit crisis has prompted consumers worldwide to slow spending, leading to shuttered factories in China. Leaders of China, like those throughout the world, worry that economic crisis could trigger political instability and demands for change. Growth in the domestic national product, whiles till approaching 10 percent, has been slow by Chinese standards. The government has acted...

A Spanish Blowout: The Iberian Giants of US Wind Energy

Mark Scott November 4, 2008
Because they enacted strict emissions limits early and their business models adapted, two countries have a head start in developing alternative energy from wind – Portugal and Spain. As a result of that head start and a global credit crisis, major wind-energy companies from Spain and Portugal are aggressively pursuing wind projects overseas, including the US. Small wind-farm firms in the US find...

The Global Financial Crisis: Lessons for the United States and China

Albert Keidel November 3, 2008
Some analysts in emerging economies make the mistake of assuming that the current global financial crisis reveals weaknesses in the political and economic systems of scientifically and economically advanced nations, notes Albert Keidel, senior associate with the Carnegie Endowment for International Peace. Such systems are works in progress, and crises that emerge from mistakes, bubbles, the lack...

Chinese Media Say Tainted Animal Feed Widespread

The Associated Press October 31, 2008
The state media in China admits that melamine, which mimics protein in tests, was packaged as “protein powder and commonly added to animal feed, reports the Associated Press in an article for the International Herald Tribune. “Four brands of Chinese eggs have been found tainted with melamine in a week, and agriculture officials speculated the source was adulterated feed given to hens,” reports...

Calling for a Green Revolution: An Interview with Tom Friedman

October 31, 2008
Developing alternatives to fossil fuels – solar, wind or other energy technologies yet undiscovered – is the most pressing task confronting the globe, presenting a new frontier of opportunity. Tom Friedman, best-selling author and columnist with the New York Times, decries a planet being destroyed by climate change in his latest book, “Hot, Flat and Crowded: Why We Need a Green Revolution and How...

Foreign Policy Challenges for the New US President – Part I

Imtiaz Ali October 31, 2008
States that ignore the aspirations of their people and neglect festering pockets of poverty, paying little heed to the need for education, health, jobs or fair wages, years later may discover a changed country, with new motivations and goals. This YaleGlobal series explores how poverty and demography can undermine democratic governments and bring security challenges not only to the government in...

Financial Crisis Belies Myth of US Independence

Edward Goldberg October 30, 2008
Countries make the mistake of assuming that they can pick their way through globalization – that they can block products from other countries yet sell in those markets, or set rules for others to follow while intending to ignore those same rules at home. No community or country, as economic units, can escape financial decisions made thousands of miles away, argues Edward Goldberg, international...