In The News

Will the European Union Crack?

Nayan Chanda June 16, 2014
Stagnation, unemployment, pessimism in democracies can motivate voters to endorse change. In India, voters embraced the growth policies of Narendra Modi while in European Parliament elections, extremists who oppose immigration and integration made gains. The similarities end there, suggests Nayan Chanda, editor of YaleGlobal in his column for Businessworld, and the trends in Europe expose “the...

US Alarm at the Growing Number of Illegal Child Migrants

June 10, 2014
US President Barack Obama described the increasing number of unaccompanied children migrating to the United States as an “urgent humanitarian situation.” Most come from Central America and Mexico, and many are escaping domestic abuse, poverty or violent gangs who prey on them. However, children are unaware of the dangers of traveling alone, including sexual assault, forced labor and hunger. Since...

Europe Divided Over Immigration, Work Ethics

Pallavi Aiyar June 5, 2014
Immigration, transfer of new technologies and evolving work ethics have put entire industries in flux. This has stirred anti-immigration fervor in some communities as demonstrated by big gains of far-right parties in the European Parliament elections. Author Pallavi Aiyar analyzes the forces of globalization transforming the diamond-cutting industry in Antwerp. Once dominated by Jewish merchants...

The Great Backlash

Nouriel Roubini June 4, 2014
Nationalism, populism, isolationism and xenophobia are emerging and gaining traction even in the world’s most advanced countries in response to the 2008 global recession. Economist Nouriel Roubini, writing for Project Syndicate, reviews global political trends and draws parallels with those in Europe just before the Second World War. He points to the rise of nationalist governments in Asia and...

National Front's Marine Le Pen of France Leads Anti-EU Drive

Gabriele Parussini May 26, 2014
Far-right parties gained power in European parliamentary elections with wins in Denmark, Austria and France and calls for dismantling the EU. Europeans are distraught over high unemployment, the struggling eurozone, high debt, immigration and competition from foreign trade. In France, Marine Le Pen, leader of the National Front and a member of the European Parliament for 10 years, appealed with a...

Global Citizenship Catching Fancy of Super-Rich in India, China: Report

PTI May 6, 2014
The wealthiest in the world have the means and will to seek out new locations offering the most in comfort or tax relief. China and India together have more than 25,000 citizens with ultra high net worth, accounting for one of seven worldwide, according to an inaugural report on the super-wealthy from Wealth-X and UBS. “With each country already having large non-resident populations, the...

Differing Approaches to Immigration on Two Sides of the Atlantic

Michael Mandelbaum April 24, 2014
Politicians opposed to immigration are making electoral gains throughout Europe, and legislators in the United States are also polarized over immigration reform, especially the status of an estimated 12 million undocumented immigrants. Michael Mandelbaum, author and international studies professor, argues that “immigration has become a major and contentious political issue in the world’s...