In The News

Denying Imbalances, G20 Risks Chaos – Part III

Jonathan Fenby November 9, 2011
Mounds of unsustainable debt in wealthy nations threaten the global economy, and many of these nations must keep borrowing in demanding global markets for daily operations. The G20 summit in France, a meeting of the world’s most powerful economies, failed to develop a strategy to ease spending, protect bondholders and lift confidence among consumers and investors. The G20’s failure will have...

The Globalization of Protest

Joseph E. Stiglitz November 8, 2011
A protest movement against corporate power, inequality and governments that do not serve citizens has gone global. From the Arab Spring protests that began in Tunisia to the Occupy Wall Street movement in New York, protesters question if the interests of a few trump the overall common good, explains Joseph E. Stiglitz in an essay for Project Syndicate. Stiglitz notes that “around the world,...

It’s a Small World After All

November 7, 2011
With nearly 100 countries playing the game, rugby portrays itself as a global sport. Still, major reforms are required of its governing body to shed an elitist tag and give due recognition to upcoming “minnow” countries, argues this essay from the Economist. Huge resource gaps exist between the nine traditional rugby powerhouse countries and the “minnows” that are other members of the...

The New Geopolitics of Food

Lester R. Brown October 18, 2011
“Prices [of food] are climbing, but the impact is not at all being felt equally,” argues Lester Brown in Foreign Policy. Temperature increases, drying wells, mismanagement of soils, and ever-increasing population growth, with an additional 80 million of people to feed per year, are behind the price hikes. As a result, the gap between food supply and demand is widening, carrying political...

Liam Fox's Atlantic Bridge Linked Top Tories and Tea Party Activists

Jamie Doward October 18, 2011
It’s a nation’s worst nightmare – secret foreign meddling in national politics. A British investigation of the charity Atlantic Bridge has led to the resignation of the British defense secretary. Atlantic Bridge, a charity, was also a networking group for conservatives to defend common interests in a globalized economy, linking corporate interests with British cabinet members, US senators and...

Will Asia Save Global Capitalism?

Pepe Escobar October 6, 2011
Companies of the West collaborated and profited from the rise of Asian economies: The ascent of neoliberalism lifted, then disappointed the West’s middle classes; the rapid rise of the middle class in China, India and elsewhere may give capitalism but a temporary reprieve, argues Pepe Escobar in an essay for Al Jazeera. Global inequities clash with shared aspirations that are unsustainable...

The World Is Flatter

Nayan Chanda September 27, 2011
The United States seems to have a knack for ushering in changes, then failing to adapt to the challenges they bring. The failure of the US to adapt to the technology and finance-driven globalization it introduced to the world has prompted an alarming decline. In his regular column for Businessworld, YaleGlobal editor Nayan Chanda reviews “That Used to Be Us: How America fell behind in the world...