In The News

American Apathy: Voters’ Aversion to Foreign Entanglements Bodes Ill for Stability in Asia

Nayan Chanda May 18, 2016
During the US presidential primary season, voters have signaled a preference for candidates who will refrain from costly military interventions and instead focus on domestic policies to improve the employment outlook and lift stagnant wages. “The political churning during the primaries will do more than just force the next administration to reconsider established policies,” notes Nayan Chanda,...

A Recipe for Disaster

Nayan Chanda May 9, 2016
Widening inequality has fueled a populism in democracies like the United States and France that counters the agenda of political elites. “Now the Panama Papers revealing a massive tax avoidance scheme by the world’s elite have added another black mark to globalization,” explains Nayan Chanda, founding editor of YaleGlobal Online in his column for Businessworld, referring to a massive leak of bank...

The United States: Divided in More Ways Than One

Bruce Stokes May 5, 2016
The United States is polarized and so are members of its major political parties, especially on foreign policy. Results of a Pew Research Study released today suggest that isolationist tendencies are tempered by recognition for the practical need for international engagement. “Wariness of international engagement coexists with unilateralist assertiveness on some issues and a belief that the...

Russia Needs Options to Deal with China

Thomas Graham May 3, 2016
Russia and China, fans of national sovereignty and obstacles for US influence, pivot to each other during times of troubles of their own making, whether the 2014 annexation of Crimea or the brutal crackdown of the 1989 Tiananmen Square protests. “Today, closer relations also help anchor Russia in the world’s most dynamic economic theater, East Asia,” explains Thomas Graham, a senior fellow at the...

Memorandum to Hillary Clinton and Donald Trump

From: Jeffrey E. Garten April 28, 2016
Trade policy is among the issues prompting US voters to coalesce around Hillary Clinton and Donald Trump as presumptive nominees for president. Clinton opposes the Trans-Pacific Partnership, calling for a crackdown on trade violations and more enforcement; Trump is critical of nearly all trade agreements, vowing to get tough with top partners like Mexico and China. “The problem is not with the...

OECD Issues Damning Report on Effect of Brexit

Chris Giles April 27, 2016
The Organization for Economic Cooperation and Development argues that Brexit – the UK leaving the European Union – would be an economic shock with costs. “In the longer term, [the OECD] calculates that more restrictive trading arrangements with the EU alongside less competition, lower foreign direct investment and fewer skilled immigrants, would hit gross domestic product by a central estimate of...

Global Obama Versus Nationalist Europe

Daniel Williams April 25, 2016
US President Barack Obama is urging Europeans to stay united to better manage he increasing tally of cross-border challenges what author Daniel Williams calls “unbridled globalization.” Writing for TheWorldPost, he explains, “The fight is between the globalizers, of which Obama has emerged as a key spokesman, and nationalists, represented by a host of right-wing parties and populist politicians...