In The News

How Donald Trump Can Fight Globalization

Chris Matthews November 18, 2016
Globalization infiltrates every part of business and life, and most citizens may not even notice some of the trends in which they participate. US President Barack Obama noted while in Germany while adding that governments could do more to explain the complexities and ease hardships. “Make America Great Again” and “America First” of the Trump campaign were easy slogans that appealed to voters,...

Goodbye Globalization

Matt Phillips November 16, 2016
The US president-elect plans to increase jobs by ending trade that does not benefit the United States. That assumes the US is self-sufficient and that other countries might go along. Instead, the other countries, especially China as the world’s largest market and soon to be largest economy, will retaliate while possibly continuing trade with one another. Meanwhile, US prices will soar and quality...

Unlike the West, India and China Embrace Globalization

Bruce Stokes October 18, 2016
Globalization has won fans in India and China, where economic growth is projected to rise by 7.6 and 6.6 percent, respectively. “Indians and Chinese also express pride in their respective nation’s growing stature on the world stage,” explains Bruce Stokes, director of global economic attitudes at the Pew Research Center, in reporting on responses to the Pew 2016 Global Attitudes Survey. “In all,...

Is Globalization Sowing the Seeds of Its Own Undoing?

Jay Ogilvy October 14, 2016
Globalization’s fast pace is destabilizing, and the economic market is becoming more influential than the nation-state, writers have argued. Inequality is entrenched with economic and cultural divisions in education, income and employment. “Those ‘who can take advantage of the global economy’ are clearly benefiting from globalization and tend to cluster in the same clubs, colleges and communities...

UN Secretary-General Must Manage Trilateral Divergences Over Globalization

Richard Weitz October 13, 2016
Portugal’s António Guterres, former head of the UN Refugee Agency, is officially the United Nations' secretary-general as of January 1, but the agreement “should not obscure the sharp differences among the Security Council’s leading members,” suggests Richard Weitz, director of the Center for Political-Military Analysis at Hudson Institute. Weitz analyzes three speeches before the United...

World Bank Admits Some Have Lost Out From Free Trade

Kamal Ahmed October 12, 2016
The benefits of globalization and trade are not spread evenly, suggests a World Bank internal document reported on by BBC News. “Jim Kim, the head of the World Bank, told the BBC that he understood why people were angry in advanced economies despite the fact that free trade was one of the ‘most powerful’ drivers of growth and prosperity,” reports Kamal Ahmed for BBC. “Kim said that 20% of jobs...

The Growing Gap Between Town and Country

Ronald Brownstein September 26, 2016
The industrialized world is experiencing a growing divide between “diverse global cities” and the rural “places that feel left behind,” according to Ronald Brownstein of the Atlantic. Sadiq Khan, mayor of London and the first Muslim mayor of a major Western city, pointed this out during a visit to Chicago. Alongside Chicago Mayor Rahm Emanuel, Khan celebrated immigrants and increased opportunity...