In The News

As globalization gained speed during the latter part of the 20th century, so too did India’s integration with the world economy. Baldev Raj Nayar, emeritus professor of political science at McGill University, counters critics who suggest that globalization has increased instability or poverty. By opening the door to multinational firms, India strengthened and diversified the country’s economy. He...

Though it may not win Best Picture, the film most emblematic of the Academy Awards in March will be “Babel,” which examines the modern tension between instant communications and persistent language barriers. This year, films like “Babel,” with six languages, and “Letters from Iwo Jima,” mostly in Japanese, are honored in the Best Picture category, rather than confined to Foreign Film nominations...

As the complexity of the global marketplace increases, top executives and the wealthy have seen a dramatic rise in compensation while average workers confront the pain of labor outsourcing and stagnant wages. This irony has sparked a renewed urge towards protectionism and redistribution that puts free-trade principles at risk. Rather than the government piling up obstacles for globalization or...