In The News

Brookings Institution: Global Identity for City Visibility

Greg Clark February 9, 2017
In an age when many nations are leaning toward isolationism, some cities are bucking the trend and becoming centers of global business, research, and higher education. Stockholm, San Diego and Barcelona in particular are three cities that exemplify successfully creating a “global identity,” notes Greg Clark for the Brookings Institution. By diversifying their economy, these cities have avoided...

PBS Newshour: Backlash to Globalization Could Hurt the Middle Class

Vikram Mansharamani February 9, 2017
The demand for electric power and electric appliances continues to rise as global poverty declines. “To make alternative energies a truly viable source of power production, the world needs a robust, cost-effective means of storing energy…. and battery technology is among the more promising of the options,” explains Vikram Mansharamani for the PBS Newshour. He anticipates lithium to be in demand...

The Economic Peril of Aggrieved Nationalism

Martin Wolf January 25, 2017
Humanity is tribal, notes Martin Wolf for the Financial Times, and communities form around shared cultural or national values during difficult times. “Today, as in the past, leaders foment aggrieved nationalism to justify despotism and even war,” Wolf writes. “For much of human history, war was seen as the natural relationship between societies. Victory brought plunder, power and prestige, at...

Fake Messiah: As Trump Withdraws From Globalization Stakes, Xi Steps In - But to What Avail?

Nayan Chanda January 18, 2017
President Xi Jinping is praising globalization and suggesting that China is ready to assume leadership of a globalized world – even as the United States signals its withdrawal on some fronts and rejects global commitments like the Paris agreement on climate change. During his keynote address at the World Economic Forum, Xi pointed out that China once resisted globalization and opening its economy...

China Is the De Facto Leader of Globalization

Nathan Gardels January 13, 2017
China is preparing to take a leading role on the world stage as the US president-elect dismisses worries about climate change and the benefits of globalization. The rhetoric about an “America first” policy suggests that the United States could reverse US stances on global trade and climate change. Europe is in disarray, too. Some world leaders are avoiding the World Economic Forum in Davos this...

We Can’t Undo Globalization, But Can Improve It

Gary Pinkus, James Manyika and Sree Ramaswamy January 10, 2017
Global flows of trade and investment add economic value, and dismantling systems that rely on globalization would reduce prosperity. “While the impulse to erect trade barriers is understandable given the pain experienced by workers in a range of industries and communities in recent years, it is not the way to create lasting growth and shared prosperity,” notes a Harvard Business Review article. “...

Globalization Has Done a Lot of Great Things for Americans

Panos Mourdoukoutas January 4, 2017
Globalization has delivered many benefits to those living in the United States and elsewhere around the globe: Panos Mourdoukoutas offers a quick summary: “It has helped America win the war on communism. It has freed Americans from government regulations and militant unions. It has assigned America the role of the world’s best innovator. It has helped America sustain its lead as the world’s...