In The News

Half of Investments Channeled Through Tax Havens

Steve Anderson May 24, 2013
Each year many of the world’s developing nations lose out on billions of dollars through corporations’ use of tax havens, notes a report from ActionAid. Companies increasingly focus on tax reduction. According to the report, nearly half the money invested in some nations goes through tax havens, a move that ultimately costs the developing nations a sum triple the amount of annual aid. Developed...

Developing Countries and Global Trade

March 1, 2013
With almost any product – electronics, processed food, even some services – designs and components are sourced from multiple countries. A new report from the UN Commission on Trade and Development suggests that global investment and trade have become “inextricably intertwined through international production networks of growing degrees of complexity that now account for some 80 percent of the...

A Report Card for Global Food Giants

Stephanie Strom March 1, 2013
NGO Oxfam has developed a scoring mechanism to evaluate multinational food companies and their effects on the environment, labor and health, reports a New York Times blog. “The goal of the scorecard, called ‘Behind the Brands,’ is to motivate consumers to pressure companies like Nestlé, Kellogg and Mars to improve their policies on land and water use and the treatment of small farmers, among...

Horsing Around the Global Food Chain

Nayan Chanda February 18, 2013
Regulators in Britain tested the DNA of meat in packaged lasagnas, labeled as beef, and discovered some containing more than half horsemeat. Fast, convenient, affordable frozen and processed meals – often marketed to the poorest consumers – have complex supply chains with many subcontractors for the many ingredients, explains Nayan Chanda, YaleGlobal’s editor. Intense competition and lingering...

APP to Preserve Indonesia’s Rainforests

Ben Bland February 8, 2013
Pressure from Greenpeace and awareness among Asia Pulp & Paper’s multinational customer base have prompted a promise from the firm to stop cutting natural forests and draining peatlands in Indonesia, reports Ben Bland for the Financial Times. The company is also calling on other logging firms operating in Indonesia to join the effort, as Indonesian people alone would have low carbon...

The French Connection

Nayan Chanda December 12, 2012
Steadfast national sovereignty and global trade don’t mix so well, warns Nayan Chanda, editor of YaleGlobal Online, in his column for Businessworld. Traders and investors appreciate flexibility. So when steel demand in Europe declined and ArcelorMittal announced plans to close two blast furnaces, the French government responded by threatening temporary nationalization and sale of the firm’s...

US Law’s Positive Impact on Africa

Humphrey Hawksley July 10, 2012
With the sentencing of a Congolese warlord at the International Criminal Court, whose charges included employing child soldiers, the wheels of justice turn in Africa. Another unexpected source, too, is helping Africa. The Dodd-Frank Act was designed to reform the US financial system after the 2008 credit crisis, explains Humphrey Hawksley, BBC News correspondent, and Section 1502 addresses so-...