In The News

The Arch of Globalization

Abdel-Moneim June 5, 2003
In the first installment of a two-part essay, Abdel-Moneim, director of Al-Ahram Centre for Political and Strategic Studies in Egypt, offers five possible genealogies of the US-led war in Iraq. First, he argues, the war was about opening up the Middle East to processes of globalization. Globalization has been uneven, affecting world regions and countries differently, and the Middle East is the...

Greening U.S. Foreign Aid through the Millennium Challenge Account

Nigel Purvis June 5, 2003
Last year, US President George W. Bush proposed the Millennium Challenge Account (MCA) as part of his National Security Strategy report. With its goals to provide development assistance to certain developing countries, the MCA calls for an unprecedented increase in U.S. foreign aid. If the MCA is passed by congress, it will undoubtedly play a major role in fighting global poverty. However, says...

Asean Needs New Tools for New Threats

Amitav Acharya June 4, 2003
Though the interdependency inherent in globalization renders all member nations of ASEAN increasingly vulnerable to external threats, this same inter-dependency must be drawn upon if these challenges are to be met effectively, says this article in The Singapore Times. The author, deputy director of Singapore's Institute of Defense and Strategic Studies, states that financial volatility,...

India Fears Impact of Bid to Curb Jobs Exports

Edward Alden June 4, 2003
Following the lead of many other American and British firms, the British insurance company, Prudential, is planning to export jobs from the UK to India. Outsourcing to low-cost offshore centers is saving companies billions of dollars a year, since it allows them to set up shop where labor is plentiful and cheap. Though company executives maintain that outsourcing merely follows economic law and...

Globalization Squeezes Rural Factories, Jobs

David Pitt May 16, 2003
Factories in rural America are experiencing significant layoffs that threaten the stability and growth of the rural American economy. A major factor for this economic downturn is globalization: workers in rural America now compete with workers everywhere. A refrigerator factory in rural Illinois is scheduled to close, leaving 1,600 workers without jobs, and crippling the local economy. The...

A More Just Fair Trade Is Needed

H. A. Harry Hendrarto May 14, 2003
The World Fair Trade Day on May 17 highlights sustainable development and the connections between economic production and the environment globally. Free trade has benefited the developed world and contributed to increasing poverty in the developing world, says the author of this article. Countries in Europe and North America have the greatest share of revenues from free trade. International...

A Trusteeship for Palestine?

Martin Indyk May 12, 2003
Worrying that US President Bush’s "road map" agenda for the end to the Israel-Palestine conflict will fall through, Martin Indyk, the former US ambassador to Israel, and other members of the Saban Center's Israeli-Palestinian Workshop have proposed an alternative solution. They suggest a three-year international governing force in Palestine, headed by the UN, IMF, WTO, and various...