In The News

Spiegel Online: Only Radical Thinking and Action Can Tame Globalization

Alexander Jung July 8, 2017
A growing global economy expanded the middle class and wealth for many nations that were once poor. That is of little comfort to the 800 million people who live in extreme poverty. Widening inequality and climate change are serious threats. “The G-20 nations represent two-thirds of the global population, just over three-quarters of its economic output and four-fifths of its greenhouse gas...

The Wall Street Journal: Japan, European Union Strike New Trade Deal

Laurence Norman, Emre Peker and Alastair Gale July 7, 2017
Developed nations continue to organize trade deals and set new trade rules even as the United States is promoting “America first” policies. Japan and the European Union announced that they have agreed on terms of a new trade deal as the G20 summit was getting underway. “If approved, the pact would represent a significant opening of the once heavily-protected Japanese market,” reports the Wall...

The Times of India: Warm Words for Modi in Washington

Nayan Chanda July 5, 2017
Foreign leaders are discovering that they avoid criticism from the US president by praising Donald Trump and avoiding serious debate on topics of disagreement like climate change. A meeting with India’s Prime Minister Narendra Modi was the latest US “transactional approach to foreign policy,” explains Nayan Chanda, founding editor of YaleGlobal Online in his column for the Times of India. “Trump...

Project Syndicate: Brexit Strategy for a Weak UK Government

Ngaire Woods June 12, 2017
By calling for a snap election, Prime Minister Theresa May weakened rather than strengthened her hand in approaching negotiations with the European Union over Brexit. Negotiators have less than two years to reach a deal or request an extension. So far, Britain is making three elementary negotiating mistakes, explains Ngaire Woods for Project Syndicate. The country’s leaders have framed the...

MarketWatch: How Globalization Sunk Many Americans Deeper in Debt

Erik Loualiche June 1, 2017
International trade has uneven effects for regions of the United States and was particularly damaging for communities that relied on manufacturing – with high rates of underemployment, unemployment and debt. Household debt in the United States doubled from 2000 to 2007, peaking at $13 trillion in 2008, and nearly a third of US household debt could be attributed to import competition and...

Deutsche Welle: China's Xi Uses Silk Road Summit to Call for Rejection of Protectionism

May 15, 2017
China’s summit on a modern-day Silk Road – encouraging infrasructure development, trade and other connections – is the antithesis to protectionism or extreme nationalism. The One Belt, One Road initiative is “a multi-year plan to build a web of infrastructure and transport links connecting Asia, Europe, Africa and other regions,” explains Deutsche Welle, adding that some countries express concern...

Foreign Policy: How Not to Lose Asia to China

Michael H. Fuchs and Nina Hachigian May 5, 2017
An “America First” policy has prompted concern from the Association of Southeast Asian Nations about whether the United States is a dependable partner for countering Chinese influence. The foreign ministers of ASEAN’s 10 member states will meet for dialogue in Washington, DC. Recommendations from Michael H. Fuchs and Nina Hachigian would require the Trump administration to back away from some of...