In The News

How Technology Could Unwind a Decade-Long Trend in Global Trade

Luke Kawa February 24, 2016
Globalization pushes production and jobs to emerging economies while automation in technology has reduced jobs in the developed economies, explains Luke Kawa for Bloomberg Business. The article is based on a note to clients from analysts at the Goldman Sachs Group Inc. led by Senior Asia Economist Goohoon Kwon. As robots become less costly, companies will move production closer to customer bases...

Welcome to the Twenty-First Century

Joschka Fischer February 5, 2016
The world has many troubles including destabilized markets and low oil prices, high debt levels, terrorism and the ongoing refugee crisis for the Middle East, Europe and North Africa. The international order of the 20th century is shifting, and no suitable replacement is waiting in the wings. “Today, the Pax Americana that ensured a large degree of global stability has begun to fray – most...

Davos 2016: Questions About Globalization's End and What Comes Next

Paul Laudicina January 22, 2016
Each year the World Economic Forum convenes government, industry and activist leaders to offer regional and international proposals along with private-public partnerships. Uncertainty and the expectations for “fundamental, radical global shifts” have permeated the 2016 meeting, explains Paul Laudicina for Forbes. “How leaders manage this system shift in years to come will determine the course the...

The 5 Key Trends in Globalization That Are Changing the US and the World

Edward Goldberg December 23, 2015
Events in one country or one industry can have repercussions that spread throughout the world. Edward Goldberg, a professor who teaches about globalization, identifies five trends for the Huffington Post: China’s economy is slowing, and the government will likely adjust, eliminating inefficient state-owned companies and accepting citizens’ need to adapt to rising unemployment through...

The Globalization of America’s Colleges

Laura McKenna November 27, 2015
The number of international students attending US colleges approached 1 million for the 2014-15 academic year. Such students represent 5 percent of the college population. Top states are California, New York, Texas, Massachusetts, and Illinois. Colleges with more than 11 percent international students include New York University, University of Southern California, Columbia University, Arizona...

Double Jeopardy: Russia Strives to Reintegrate With the West

Ashkhen Kazaryan November 24, 2015
Russians want to be responsible members of the global community and seek reintegration, yet they also fervently support their government's aggressive foreign policy. “As the leaders in the West contemplate joining Russia in a strategy to defeat the Islamic State, the world needs to understand the deeper reasons for Russian behavior as much as Russia needs to modify its strategies and...

Angus Deaton’s Nobel Is a Victory for Globalization – And Raises Hard Questions About It

Tim Fernholz October 13, 2015
Economies are built on people’s choices, and the Nobel for economic sciences, the Sverges Riksbank Prize, has been awarded to Angus Deaton for his research in that area. “In a world where we increasingly measure welfare based on what we can consume, Deaton has given policymakers important tools to boost prosperity, particularly in poor countries, while arguing – sometimes controversially – that...