In The News

Edward Gresser July 27, 2006
Leaders of developing nations anticipated that negotiations of the Doha Round could lead to even-handed trade practices, particularly in agriculture. With the talks collapsed, the wealthiest nations will not suffer nearly as much as the developing nations, according to trade analyst Edward Gresser. The real losers, he says, will be cotton farmers in West Africa, textile workers in low-income...
July 27, 2006
The failure of the Doha Round represents the “defeat of the common good by special interest politics,” leaving both the world’s richest and poorest nations at a disadvantage. World Trade Organization members react with the same apathy that led to the breakdown. In the context of robust global economic growth and temptation toward one-on-one trade agreements, apathy led to the breakdown and...
Walden Bello July 27, 2006
Many mourn failure of the Doha Round as a setback for the citizens of the world’s most impoverished countries, yet author Walden Bello contends that the outcome may be best for the developing economies. Rather than delivering aid, Doha’s unequal provisions could strip farmers of any means to protect their products with tariffs, subjecting them to fierce competition of a global economy. Non-...
July 26, 2006
When it comes to retail, globalization does not always work as planned. For example, in South Korea, shoppers disdain the American Wal-Mart, yet love E-Mart, a Korean-owned store with all the accoutrements of a sophisticated US store. “Glocalization” – the term that describes the combination of “global standards and local preferences” – is a tempting label to describe why Wal-Mart, the world’s...
July 26, 2006
Following the fall of apartheid, South African companies had much catching up to do. The isolation of the 1980s, however, did confer some benefits, including self-sufficiency and internal development. Another result was the creation of local conglomerates focusing on diverse industries, or “business octopuses.” Allowed to do business beyond South Africa’s borders, however, these unwieldy...
Douglas Brinkley July 25, 2006
As the largest US auto-makers cut jobs and close factories, foreign car companies expand production in the American heartland, and the expansion wins them friends in towns where not too long ago driving a Japanese car would have been anathema. Foreign firms steer clear of Detroit and head to communities that offer incentives for factories built in their towns; Indiana state officials, for example...
Alan Beattie July 25, 2006
While some anti-globalization activists and NGOs breathe a sigh of relief with the collapse of the Doha round talks, others frantically question how the talks could have gone awry. So ambitious, the Doha Round was destined for failure, suggests Alan Beattie, world trade editor with “The Financial Times.” Priorities of large agricultural exporters like the US, Australia and initially Brazil...