In The News

China Could Learn From India’s Slow and Quiet Rise

Yasheng Huang January 27, 2006
Two years ago the view that India might have a more competitive economy than China was met with incredulity. Now a comparison of the two countries offers valuable insights for anyone studying economic growth. A fundamental distinction is that China’s growth stems from resource accumulation while India’s is rooted in increasing efficiency. Those who warned that India attracted too little foreign...

A New Wrinkle for Globalization

Katrin Bennhold January 26, 2006
For its proponents and opponents alike, economic globalization’s greatest force is its disregard for the sanctity of national borders. Some analysts have forecasted that growing cross-border transaction will weaken the nation-state as we know it. Yet recent events suggest otherwise. While some nations empowered by natural resources like oil and gas have been flexing their muscles against...

Africa Hosts its First Major Anti-Globalization Forum

January 25, 2006
For the sixth time since 2000, NGO representatives, fair-trade advocates, anti-globalization protestors and activists of all kinds unite at the World Social Forum, this week in Mali. By tackling the problems of inequality, debt relief and trade realities that trouble the developing world, the forum serves as foil to the World Economic Forum, a meeting of the world’s economic elite, held...

"Voice of the People"

January 23, 2006
After polling more than 50,000 people from around the world, a World Economic Forum survey, administered by Gallup, "overwhelmingly found that political leaders are dishonest, have too much power and are too easily influenced." The results of the survey, branded the "Voice of the People," were announced just before the start of the World Economic Forum's annual meeting in...

Hong Kong As a Clue to the Future China

Michael E. DeGolyer January 23, 2006
Since China gained control of Hong Kong in the 1997 handover from Britain, international observers have wondered whether Beijing would allow the island to retain its separate identity. In many ways, Beijing has indeed followed its promise of "one country, two systems," recognizing that Hong Kong's property rights and entrepreneurial spirit do much to fuel the economic growth of...

Aussies Tackle Global Warming

Alan Goodall January 20, 2006
Amidst rising energy demand and a growing concern about environmental degradation, Australia is emerging as the new leader in the effort to combat global warming in the Asia-Pacific. At a meeting in Sydney last week, Australia along with India, China, South Korea, Japan and the US mapped out practical solutions to eliminate deficiencies of the Kyoto Protocol. The participants – who together...

David's Friend Goliath

Michael Mandelbaum January 20, 2006
Foreign leaders, demonstrators and citizens in opinion polls around the world do not think twice about, criticizing the US as a threat to international stability. Despite such widespread criticism, few attempt unified action to oppose or restrict the world power. Michael Mandelbaum calls this discrepancy the most significant feature of 21st-century international relations and offers two reasons...