In The News

Globalization and Politics

Nayan Chanda September 17, 2008
Faced with a battered American economy and a five-year high unemployment rate, US presidential candidates tend to slip into anti-trade mode. Piling blame on foreigners is convenient and attracts votes. But the US has misidentified the source of its economic woes, suggests Nayan Chanda in his column for Businessworld. Outsourcing is just one side of the coin of globalization; on the flip side,...

Globalization Draws Green Activist Attention

Joe Leahy September 9, 2008
As companies or individuals expand and accrue more power, they attract scrutiny from activists. Members of Greenpeace purchased shares in Indian companies like Tata Steel or Vedanta Resources to speak out at annual meetings about environmental problems, including port development that could interfere with breeding habits of turtles or mining projects that desecrate sacred sites. Greenpeace “still...

Is America Losing At Globalization?

Daniel Gross September 4, 2008
Countries compete, and in the modern era, economics, education and innovation matter no less than military might. With a strong education program and many life-changing inventions, the US mastered globalization throughout the 20th century. But complacency set in, respect for science and education fell, and the growth that comes from innovation has waned. Other countries have caught up and even...

Don't Go There

Elizabeth Becker September 3, 2008
In an increasingly crowded world, travelers find it more difficult to find remote and natural settings. “Thanks to globalization and cheap transportation, there aren't many places where you can travel today to avoid the masses of adventure or relaxation-seekers who seem to alight at every conceivable site,” writes Elizabeth Becker for the Washington Post. The industrial nature of modern...

US and Global Economies Slipping in Unison

Peter S. Goodman August 28, 2008
Reckless real-estate lending and a credit crisis in the US have led its consumers to purchase fewer foods in the global marketplace, which in turn slows foreign investment within US borders, reports Peter Goodman for the New York Times. “Overseas demand for American goods and services was supposed to continue compensating for waning demand in the States,” Goodman writes, reporting on the...

Nobel Laureates Say Globalization's Winners Should Aid Poor

Joellen Perry August 27, 2008
Some citizens accrue more benefits from open and free markets than other citizens, and growing income inequality has become a major issue in elections around the globe. Wealth among nations is evening out. Yet within some nations and communities, those that don’t use taxes or government programs to guarantee widespread distribution of benefits and opportunity, the lopsided effects of trade and...

The Real China Threat

Robert J. Samuelson August 21, 2008
Raw numbers and rankings often don’t reflect momentum, motivation or method. The US frets about a rising China, but such worry is misplaced, urges Robert Samuleson in his Washington Post column. The real concern is an unstable China, along with distorted trade and ruthless competition over natural resources. “The United States has seen a prosperous global economy as a means to expanding its power...