In The News

Your Farm Subsidies Are Strangling Us

Amadou Toumani Toure July 11, 2003
African cotton is the best and cheapest in the world, maintain Presidents Amadou Toumani Toure of Mali and Blaise Compaore of Burkina Faso. Yet cotton farmers in their countries remain impoverished. In a jointly written opinion article for The New York Times, the Presidents of these two African nations solicit Western nations to cut the cotton farm subsidies that lead to overproduction, distort...

Closing Doors to Growth

July 8, 2003
Having the most closed markets in the world is nothing to be proud of, this editorial in an influential Indian business daily maintains. According to a recent World Trade Organization report, less globalized countries saw per capita income growth just 0.9 percent per annum, while those that were highly globalized saw annual incomes grow by 4.3 percent. Therefore, the editorial argues, if India...

EU Agrees Radical Farming Reforms

Tobias Buck June 26, 2003
The European Union (EU) has ended year-long negotiations on its common agricultural policy but the world has yet to see its implications. Although the original proposal, drafted by the pro-reform EU farm commissioner Franz Fischler was heavily diluted, he did achieve part of its goal to overhaul Europe's stronghold on billions of Euros in subsidies. France, the biggest beneficiary of the...

Friends with the Dragon

C.V. Ranganathan June 24, 2003
Indian Prime Minister A.B. Vajpayee’s visit to China has attracted the world's attention. Many are hopeful that a mutual agreement can be reached to thaw cold political relations of the past. In this opinion piece in Outlook India, C.V. Ranganathan, a former Indian ambassador to China, emphasizes the importance of more mutual understanding and cooperation between the two countries....

The Poor Like Globalization

David Dollar June 23, 2003
More, not less, economic integration is good for the world, according to a worldwide poll, conducted by the Pew Global Attitude Survey. David Dollar, Director of Developmental Policy at the World Bank, cites findings from the survey to support the argument he has made in the past that globalization indeed helps reduce poverty and inequality. He points to a significant decrease in the number of...

Talks Collapse on U.S. Efforts to Open Europe to Biotech Food

David Leonhardt June 20, 2003
While the US thinks it is perfectly acceptable for the American people to consume genetically modified (GM) food, Europe remains adamant, unwilling to compromise consumer safety for consumer choice since the long term effects on human health of GM food are still unknown. The US has lodged formal complaints against the European Union with the World Trade Organization (WTO) alleging protectionism...

China Remains Wary of the US-Led World Order

Robert Sutter June 18, 2003
As it rises in economic strength, China is currently cooperating with the US-dominated global power structure. But this cooperation may not last, argues China scholar Robert Sutter. US attempts to contain China through international organizations and a regional military presence have frustrated China's leaders, who dream of a grander Chinese presence in Asia and the world. Beijing has also...