In The News

History as Excuse for Abuses: Economist

April 24, 2019
China and India at times engage in a process of mythmaking and historical erasure in championing their thousands of years of history. A recent article for the Economist observes, “Nowhere more than in Asia do states and their rulers tend to think they represent not just, say, defined territories or peoples with a shared language, but rather whole civilizations, often cosmically ordained.” However...

Investors and Globalization’s Decline: Barron’s

Avi Salzman and Nicholas Jasinski March 18, 2019
The bout of protectionism and transactional approaches to trade will linger even after China and the United States reach a trade agreemen. “Globalization is being overwhelmed by populism, nationalism, and protectionism,” explain Avi Salzman and Nicholas Jasinski for Barron’s, adding that globalization has long moved in cycles and is “no longer the dominant force.” Trade growth has slowed,...

China, Japan, Asian Century: China Economic Review

Tomoo Kikuchi and Masaya Sakuragawa February 8, 2019
Asia’s contributions continue to gain weight in the global economy. China and Japan are the world’s second and third largest economies, respectively. India, South Korea and ASEAN members also provide substantial contributions. All benefit from free trade, explain Tomoo Kikuchi and Masaya Sakuragawa, but trade and growth have slowed. “China and Japan should pursue greater cooperation on a number...

El País: Globalization of Polarization

Moisés Naím January 28, 2019
Some political camps reject their opponents’ plans so much – even those supported by hefty majorities of citizens – that they refuse any cooperation, preferring shutdowns and chaos. Such is the case in the United States, Great Britain and numerous other democracies. The angry stubbornness associated with polarization is spreading worldwide, weakening most democracies. “Before, democratic...

Salon: 5 Key Trends in Globalization

Edward Goldberg December 30, 2018
Old forms of globalization linked to fear and nationalism – as “angry minority based coalitions determined the fate of the majority” – have reemerged over the past year, explains Edward Goldberg. He offers a list of the top globalization events for 2018 for Salon, and for each the world can repeat history or learn from past events to avoid trouble: After 40 years of opening to the global economy...

PIIE: What is Globalization?

Melina Kolb December 26, 2018
Perhaps it is human nature as so many people take credit for their every success but blame others – trade, migration, technological advances and other facets of globalization – for their woes. The Peterson Institute for International Economics undertakes the task of reminding about the age-old processes of globalization, urging an understanding of the relative costs and benefits to avoid the...

International Policy Digest: Chaos and Globalization

Daniel Alonso November 14, 2018
Globalization does not proceed in an orderly way. Instead, the pattern for globalization with trade and wars is often two steps forward, one step back. Daniel Alonso, writing for International Policy Digest, compares globalization of the late 19th century with modern forms in place since 1980. Trade and commerce developed during the 19th century, enriching many before coming to an abrupt halt...