In The News

Visit Africa. Bring Checkbook.

Jonathan Power November 15, 2007
The West has viewed Africa as an undifferentiated mess of war, disease, corruption and poverty for some time. The International Monetary Fund, however, estimates that sub-Saharan will grow at 7 percent in 2008, largely due to investment by Chinese and Indian companies. US and European experts are divided about Asian influence in Africa, whether India and China engage in mutually beneficial...

A Villain to Our Rescue

Robert J. Samuelson November 9, 2007
Politicians, activists and even some business executives in the West blame globalization for a lot of problems. But the US has benefited from foreign trade. “Contrary to popular opinion, the trade balance (deficit or surplus) barely affects total U.S. employment over long periods,” writes Robert Samuelson for the Washington Post. Some types of foreign competition do hurt some individual workers...

Sarkozy, The Ambivalent Globalizer

Jonathan Fenby November 9, 2007
When Nicolas Sarkozy was elected president of France, there was talk of a big rupture with the past and France’s full embrace of globalization and American-style capitalism. That stance is about to be tested. He has taken on the powerful public-service unions, cut taxes for the rich and tackled France’s convention of a 35-hour workweek. Yet this Gaullist politician is none too fond of...

Globalization Offers Potential Boon for Africans

Dianna Games November 7, 2007
African countries, writes South African consultant Dianna Games, cannot afford to let globalization be foisted upon them. Instead, governments on the continent must actively engage in global trade and politics, so that “the benefits of the global order” will no longer elude Africans. Governments must move beyond international links built primarily to exploit Africa’s natural resources. That...

Dialogue of Democracy: Indian Muslims Visit Israel

Tufail Ahmad November 7, 2007
Many Muslim nations, including Indonesia, Bangladesh and Malaysia, decline diplomatic relations with Israel, and the president of Iran has gone so far as to call for eradication of Israel. Yet refusing to meet with an opponent is not statesmanship. Last August, a visit of Indian Muslims to Israel was the first of its kind, meant to nurture a connection based on democracy. Muslims in India have...

Globalization a Mixed Bag: Patten

Amit Baruah November 5, 2007
Globalization does not help every individual or country, but it is by no means a conspiracy by the rich against the poor, said Chris Patten, chancellor of Oxford University and former British governor of Hong Kong, during a lecture in India. Evidence suggests that trade and economic growth have ended poverty for millions of people. World labor markets, especially for skilled workers, are highly...

Globalization and the Corrupt States

Branko Milanovic November 2, 2007
Corrupt states thrive on producing goods and services that are illegal but increasingly profitable in the global world. Due to low costs of transportation, more illegal goods enter middle-class markets. Once criminal groups start controlling an economy, they throw their support behind corrupt politicians in government, complicating the work of local activists or international organizations that...