In The News

How to Deal With a Falling Population

August 9, 2007
Between 1900 and 2000, the world’s population quadrupled, today standing at 6.5 billion people. But in some parts of the world – including the US, Europe, Japan, China – the fertility rate is lower then the replacement rate, causing experts to worry about a declining population. Institutions in developed nations, designed for growth, will be affected: For example, worker-retiree rations will be...

Moroccan-Born Mayor Dispenses Tough Love to Immigrants

Erich Wiedemann August 6, 2007
Ahmed Marcouch immigrated to the Netherlands when he was 10 years old. With help from teachers, he caught up in school and assimilated into Dutch culture. As mayor of a Slotervaart – a rough neighborhood in Amsterdam with high crime, unemployment and dropout rates – he takes a hard-line stance and urges fellow immigrants to integrate in a country known for its tolerance. The former police...

Summer of Setbacks

Ernesto Zedillo August 1, 2007
Summer of 2007 may well be remembered for a string of bad financial news: increasing numbers of homeowners in the US struggling to pay home mortgages, the decline of the US dollar, and climbing oil prices as conflict and tension linger in the Middle East. Yet the world economy flourishes despite shocks in foreign exchange and the debt markets. Ernesto Zedillo, director of Yale Center for the...

Globalization Study Moves Past Rhetoric

David Wessel July 27, 2007
Corporations have long insisted that globalization delivers prosperity. But a report commissioned by the Financial Services Forum, an association of CEOs of 20 major financial firms, admits that most benefits have gone to a select few. International operations increasingly account for most sales and business conducted by multinational firms, writes David Wessel for the Wall Street Journal. But...

On Paper It Is Writ

Nayan Chanda July 25, 2007
The prosperity and growth that comes with emerging economies in Asia have caused discomfort in Europe and the US. “The anxiety gripping US workers is a replay of countless such episodes in the millennial-long drama of globalization,” writes Nayan Chanda, editor of YaleGlobal Online, for Outlook India. “The word globalization is of recent origin, but the process of growing interconnectedness built...

Chinese Migration Goes Global

Peter Kwong July 17, 2007
One out of every six people in the world is from China, and as a result, Chinese immigrants are increasingly visible around the globe. The movement of people begins in China: As the economy booms, many rural Chinese migrate to cities seeking good jobs, but instead find tough conditions and crowds competing for jobs with low wages. Many start saving again to migrate abroad in search of opportunity...

We Should Welcome the Dawn of the Migration Age

Ban Ki-moon July 17, 2007
Globalization, like other phenomena, occurs in stages, explains Ban Ki-moon, secretary-general of the United Nations. In the first stage, the flow of capital and goods increased, and, for the most part, developed countries benefited. That stage prompted the age of mobility, with people crossing borders in search a better life and opportunities. Mobility has benefits – for example, remittances,...