In The News

Nayan Chanda November 12, 2003
One of the major agents of globalization - the multinational corporation - has been alternately portrayed as global villain and global economic booster. In "Global Inc.", a new "atlas of the multinational corporation" by Medard Gabel and Henry Bruner, companies with an extensive global reach are subjected to a more objective critical eye. In this review article, Nayan Chanda...
Mark Strauss November 12, 2003
Anti-Semitism is again on the rise, says Mark Strauss, a senior editor for Foreign Policy. Globalization is being pinned on the Jews – the traditional 'villain' of capitalism – and thus the Jewish people are being blamed for all perceived negative effects of increased market integration, Strauss writes. In the Middle East especially, where economies are stagnant everywhere but Israel,...
William J. Clinton November 10, 2003
Former US President Bill Clinton believes that an interdependent world is unsustainable because of its instability. To solve this latent instability Clinton proposes three goals. First, the world needs to create a global community with shared responsibilities, benefits, and values. Second, to implement this global community, nations must share the burden of international security and build...
Aaron Davis November 10, 2003
White collar jobs are moving with increasing rapidity from US soil to India, China, and other major Asian players. Corporations can pay less than half an American employee's wage for the same work and, they argue, can free up American workers for more "interesting" jobs. Labor interests in the US fear this trend, claiming that jobs are leaving "overnight" or while...
William J. Clinton November 10, 2003
Larry Rohter November 5, 2003
Ten years ago, an American company won a bid to extract lithium from Bolivia's rich deposits. Protests from the impoverished Indian majority – who feared that the deal would only make the rich richer and leave most Bolivians worse off – helped stop the deal. Now, Bolivians may be regretting that decision. Such a deal would have forced greater investment in the nation and perhaps have...
Norbert Mao November 3, 2003
In the race to attract global capital and spur economic growth, Africa seems to have missed the bandwagon. Norbert Mao, a member of the Ugandan Parliament and currently a Yale World Fellow, says that Africa's dismal economic situation is a result of both inept political leadership and unfair policies of the developed world. Agricultural subsidies, patent restrictions, and a host of trade...