In The News

Global competition provides the benefit of low-priced goods for the poorest citizens of the world and also has provided jobs that have lifted millions of people from poverty. But globalization has also meant lost jobs, benefits or security for other people. The challenge for policymakers throughout the world is to ensure that globalization’s benefits are widely shared, according to Ben Bernanke,...

It’s only because of inequalities of wealth or skills that people, products and ideas shift around the globe. Such shifts influence individual communities with increases or decreases in jobs, crime or education – either reducing or exacerbating the inequality. Economists suggest that increased trade should reduce inequality at all income levels. But instead, author Daniel Altman argues, the major...

China’s economic boom has improved the lives of millions in its most prosperous cities, often at the expense of the environment, public health, and worker’s rights. A growing number of non-governmental organizations (NGOs) help those left behind. Among their diverse causes, the groups fight for better working conditions, environmental protection, and an improved legal system. While even...