In The News

Us Against Them? Why Globalization Doesn't Have to Pit American Workers Against the World's Poor

Jeff Spross October 9, 2015
Global poverty is in decline. The percentage of the world’s population living in extreme poverty is 14 percent, dropping by half since the early 1990s. Yet wages have stagnated in advanced economies like the United States. “The paradox is that both trends have probably been pushed along by the same forces: globalization and international trade,” reports Jeff Spross for the Week. Many workers in...

Can Modi Harness India’s High-Tech Diaspora?

Rupa Subramanya October 5, 2015
Prime Minister Narendra Modi has sought to use his recent trip to the United States as a platform for encouraging Indian diaspora communities to foster closer economic ties with their home country. With more than 28.5 million Indians living overseas, 4.5 million in the United States alone, the Indian government is trying to make it easier for migrants to send remittances home by treating such...

The Future of Work: The Risks of Industrial Globalization

Evangelina Argueta September 23, 2015
Ongoing investments by multinational corporations in various industries standardize labor practices. With technology contributing to increased productivity and reducing the number of jobs, less priority is assigned to labor rights or training workers to adapt. “Commercial agreements and free trade treaties between developed countries and undeveloped countries are deficient in the protection of...

Globalization at Warp Speed

Robert J. Samuelson September 7, 2015
Globalization thrives in financial markets and may even control them. Much focus is on the world’s fastest-growing economies. For example, China’s consumes near half of the world’s aluminum, copper, lead, nickel and zinc, up from 13 percent in 2000, writes economist Robert J. Samuelson for the Washington Post. Reduced demand for oil due to slowed growth in China and an increased US supply has...

Report: 61,000 Indian Millionaires Shifted Overseas in Last 14 Years

August 3, 2015
Wealthy individuals are mobile and can relocate to jurisdictions that offer competitive taxes, schools, business opportunities and security. Globalization and improved transportation, communications along with second citizenship have contributed to mobility. The report from New World Wealth and LIO Global covers the years 2000 to 2014 and points to the top senders as China, 91,000; India, 61,000...

The Great Unraveling of Globalization

Jeffrey Rothfeder April 30, 2015
The trends in globalization of business and trade come and go, and long-term investment is a challenge in competitive global markets. Companies that fail to adjust suggest that globalization is falling apart. In an article for the Washington Post, Jeffrey Rothfeder describes multinational firms that complain about global sales results. In a climate of uncertainty, past sales do not promise future...

South Africa: Xenophobia in South Africa - a Lack of Visionary Leadership

Ozias Tungwarara April 17, 2015
Xenophobia thrives in South Africa as is the case with much of the world. Citizens, especially those experiencing hard times, blame less fortunate foreigners, often from neighboring states, for poverty, crowded conditions, and crime. “In 2000 a major scenario exercise: ‘Southern Africa in 2020’ painted a grim picture of the southern Africa region in two decades, suggesting that only a new...