In The News

America’s China Worries – Part II

Bruce Stokes February 8, 2007
China has emerged as both mammoth producer and consumer, and that means more countries, including key US allies, depend on China for their economic well-being. The second article in this three-part series on worries besetting China-US relations explores how one nation’s expanding influence over global trade policy diminishes the other’s influence and flexibility. As the US trade imbalance with...

A Global Mission for China and America

Robert Zoellick February 1, 2007
Cooperation and fair play do more to promote mutual and global prosperity than bickering or conflict. Former US Trade Representative Robert Zoellick points out seven concrete steps that China and its economic partners can take to ensure sustainable, responsible growth that minimizes harm both inside of China and outside. Among his recommendations, Zoellick proposes more international private-...

Taming the Dragon

Gordon G. Chang December 15, 2006
Americans misunderstand their relationship with the Chinese, and that’s why little progress is made during any negotiations between the two nations, argues author Gordon Chang. The US repeatedly and mistakenly assumes that China can’t be pressured and that China has the upper hand because it holds so much US debt. Even if China were to pursue euros and yen instead of dollars, Chang argues that...

The New Domino Theory

Robert B. Reich November 20, 2006
The recent visit to Vietnam by President Bush and the way American political parties are dealing with America’s old enemy are rich in irony. Four decades ago the US sent hundreds of thousands of troops and spent billions of dollars in Vietnam with the goal of preventing the country from falling like a domino in the Moscow-led Communist camp. But Soviet Communism collapsed and Vietnam adopted a...

Relax, Democrats Might Not Be So Protectionist After All

Edward Gresser November 14, 2006
Pundits worldwide suggest that Democratic control of the US Senate and House of Representatives after the November 7 election spells doom for free trade. But the Democratic Party has a tradition of economic internationalism, beginning with presidents such as Woodrow Wilson who served from 1913 to 1921. The party’s leaders have put forward a domestic agenda that aims at calming the anxiety of...

The Globalization Index

Paul Laudicina October 19, 2006
The impacts of globalization and roads to integration are almost as varied as the number of countries in the world. “Foreign Policy” and the A.T. Kearney consulting firm have released the sixth annual ranking of 62 countries based on their degree of globalization. The analysis focuses on categories of economic integration, personal contact, technological connectivity and political engagement....

Managing Globalization: “You like tomato and I like tomahto”

Daniel Altman October 6, 2006
Agreement on standards allows people to understand or use a product in more locations. Standards – such as the shape of an electric plug or the height of a chair – are the “glue” that hold the global economy together, according to journalist Daniel Altman, and cover engineering, manufacturing, packaging and transportation. Because of standards, manufacturers know how to design a product and...