In The News

Nayan Chanda March 9, 2020
COVID-19 has fueled a slowdown in travel, trade, economic growth and globalization yet globalization is far from dead, suggests Nayan Chanda, founding editor of YaleGlobal Online. “[A]mid all the recent sound and fury against globalisation, the global economy itself has grown ever more enmeshed.” Chanda warns of challenges in delinking and adjusting globalization’s many ties. China’s share of...
Ian Goldin March 3, 2020
The swift spread of COVID-19 followed by market declines alarms citizens and policymakers. “As trade, finance, travel, cyber and other networks grow in scale and interact, they become more complex and unstable,” writes Oxford University professor Ian Goldin for Financial Times. “The super-spreaders of the goods of globalisation, such as major airport hubs, are also super-spreaders of the bads.”...
Robert J. Fouser February 28, 2020
As the coronavirus spreads, some countries respond by closing borders, blocking visas for some travelers and blocked cruise ships from ports. At the community level, some protest arrival of patients for monitoring in secure locations and discriminate against Chinese nationals. Societies must resist fear and panic, balancing public safety and individual rights in fighting the coronavirus, argues...
Georg Fahrion, Kristina Gnirke, Veronika Hackenbroch, Martin Hesse, Martin U. Müller, Katharina Graça Peters, Michael Sauga and Bernhard Zand February 6, 2020
A coronavirus moves through populations with astounding speed. A Wuhan doctor identified seven cases as a public health issue on December 30. Local authorities berated him for breaking the law before he fell ill, too. The world reports 20,000 confirmed cases in 24 countries with more than 500 deaths. China, responsible for about one-third of global economic growth, responded by closing businesses...
Kimberly Clausing December 20, 2019
People in advanced economies, worried by inequality and stagnant wages, are turning against globalization. But embracing nationalism, and blaming immigration and trade, may not help. Quick fixes could do more harm than good. Kimberly Clausing, author and economist, urges reviewing policies to support workers and communities and reform taxes to share the gains of economic growth. She also urges...
Arafat-Al-Yeasin November 13, 2019
The recent embrace of populists and protectionism reflects an overall decline in trust and worries about trade and differences in general. “Unemployment, relocation, poverty, and inequality -- for many people, these are the consequences of a process of global integration, which more and more think has gone too far,” writes Arafat-Al-Yeasin for the Dhaka Tribune. Globalization is the scapegoat,...
Neil Shearing October 24, 2019
Globalization and increased connections through trade, travel, education and more has shaped the world in recent decades, reducing interest rates, costs and inflation. “The integration of several billion workers into the global economy has pushed down labor’s share of income and pushed up the share flowing to company profits,” explains Neil Shearing for Barron’s. “The latter has provided an...