In The News

Reuters: US Accuses China of LinkedIn Spy Campaign

Warren Strobel and Jonathan Landay September 5, 2018
Social media platforms are designed to gather data from users in order to promote connections. US counterintelligence chief William Evanina warns that Chinese agencies are using fake LinkedIn accounts “to recruit Americans with access to government and commercial secrets,” reports Reuters. “LinkedIn says it has 575 million users in more than 200 counties and territories, including more than 150...

Project Syndicate: Macron’s Internationalism

Kemal Derviş June 1, 2018
In stark contrast to the views of the US president, French President Emmanuel Macron embraces a new global order and the growth of intergovernmental organizations. He still has strong faith in the Iran deal, and supports international trade is necessary for liberal-democratic politics. In the wake of Brexit, he pursues pan-European politics, maintaining a pro-globalization stance in the face of...

Time: False Promises of Protectionism

Dambisa Moyo May 24, 2018
Critics of globalization insist its policies benefit only a few. Yet “full globalization” may not have been given a fair chance as governments embrace weak models. International economist and author Dambisa Moyo points to three consequences of isolationist trends: First, businesses pursue local models, and relevance of global financial centers will decline, with reduced access to global capital...

Economist: Saudi Arabia Push Out Foreigners to Make Local Jobs

May 7, 2018
Saudi Crown Prince Muhammad bin Salman’s is implementing an economic restructuring plan to create more jobs for locals. “Finding jobs for young Saudis – around half of whom are unemployed – is critical for Prince Muhammad, who is the power behind the throne,” notes the Economist. Heretofore, the Saudi state has relied on cheap, foreign labor with about half of young Saudis unemployed. Saudi...

South China Morning Post: China’s Textile Industry Faces Tough Times

Sidney Leng May 3, 2018
The textile industry does not stay in one location for long. Instead, clothing and textile manufacturers move around the world, following automation and low wages from India, England, New England and the US South and more recently to China. Now the textile and clothing industry may be starting to abandon China. “China’s textile and apparel makers are going through a painful industrial...

New York Times: The Villain Behind a New Gilded Age

Eric Posner and Glen Weyl May 2, 2018
Consolidated power among corporations, more so than the forces of globalization or technology, has reinforced inequality, fueled populism and reduced support for democracy. “In the past two decades, growth rates in the United States have fallen to half of what they were in the middle of the 20th century,” note authors Eric Posner and Glen Weyl for the New York Times. “The share of income accruing...

Forbes: Lifelong Learning Matters

Lynne Doughtie April 26, 2018
To compete in a global and digital economy, workers cannot afford to stop educating themselves. Technological advancements like artificial intelligence disrupt economies, and businesses struggle to recruit skilled employees. “Part of the problem is that many workers are struggling to take advantage of the opportunities afforded by technological disruption,” explains Lynne Doughtie, CEO of KPMG,...