In The News

Lessons from History: Globalization Then and Now

Harold James February 5, 2003
The debate about globalization has changed since September 11th. Princeton University history professor Harold James points out that the terrorist attacks have led to calls for more controls on the free flow of capital, goods, and people, while the Enron scandal has sparked debates about regulation of business practices. Citing numerous historical parallels, James shows how such responses to the...

After the Serial Blasts

December 10, 2002
The recent surge of terrorist attacks in Southeast Asia, like in Indonesia and Bangladesh, is putting pressure on politicians and local authorities to crack down on terrorism. Unlike the US, however, poor countries with internal political divisions are having a harder time fighting battles in the war on terrorism. An internal government feud in Bangladesh erupted after a series of bombs exploded...

Increased Globalization Pivotal to Japanese Reform

Richard Katz December 4, 2002
Japanese exports have been at the forefront of the globalization of its manufacturing sector, and yet the Japanese economy as a whole remains remarkably insular. If Japan is to dig itself out of its current deep economic crisis, the solution has to be further opening of the country and increased globalization. - YaleGlobal

A Troubled Project Holds Warnings for Kazakhstan's Oil Sector

Mark Berniker November 19, 2002
Investments by multinational corporations can help bring skills, capital, and income to developing countries. But creating a mutually beneficial relationship isn't necessarily a smooth process, as this report from Central Asia explains: "ChevronTexaco has been Kazakhstan's primary oil and gas investor since 1993. Now, with disagreements halting a joint venture between the company...

Emptying the Oceans

Michael Richardson November 17, 2002
World fisheries are suffering. With huge fishing fleets subsidized by governments, ineffective or non-existent multi-lateral agreements to control overfishing, and rampant piracy, the world’s oceans are not merely overfished, they are being laid bare. Add new technology that allows fishers to trawl in waters previously unsafe, and supermarkets that offer big payouts for uncommon fish, and the...

Job Subsidies May Clash with EU Law

Carola Schlagheck November 15, 2002
EU antitrust regulation has placed strict restrictions on government subsidies to private businesses. The German government’s plan to create jobs by financing job placement agencies and temporary employment contracts may contradict EU policy, and infringement proceedings against the country are pending. For the one million Germans who benefit from publicly-subsidized employment, the results of...

Merck Seeks Wider Coalition on Aids

James Lamont September 12, 2002
US pharmaceutical Merck is following in the foot steps of other multi-national corporations like Anglo-American and DeBeers, who have decided to provide anti-retroviral drugs used to combat HIV/Aids to their workers. While Merck has partnered with Botswana and the Bill and Melinda Gates Foundation to provide treatment, the company’s chief executive is calling for a “larger coalition” of UN...