In The News

Ebola: The Dark Side of Globalization

Trond Undheim October 21, 2014
People tend to notice the health and associated economic crises caused by a disease like Ebola only after the disease strikes close to home. But to protect all, every community must care for others far away, suggests Trond Undheim in an essay for Fortune. The chances of contracting Ebola are small, yet the precautions are costly, time-consuming, highly visible and alarming. “We may have...

Putin, ISIS, Ebola: How Globalization Harms Us More Than Helps

Melik Kaylan October 16, 2014
Upheaval over geopolitical rivalries, religious strife and disease raises questions as to whether greater interconnectedness is destabilizing the world. Melik Kaylan, writing for Forbes, suggests that Russia’s President Putin is at the helm of a worldwide reaction against globalization: “The multicultural poly-sexual utopia without borders that American-style globalism sells as a matter of...

China’s IPhone 6 Craving Leads to Fistfight in Connecticut

Doni Bloomfield September 25, 2014
Companies can drive global hype with a slow release of a new product. The iPhone 6 is assembled in China, but consumers in that nation may have to wait months for the device to appear on store shelves. Enterprising traders in the United States see an opportunity to snap up phones for resale in China at four times the price or more, but some stores limit sales per customer. Traders accrue a large...

Scotland's Quarrel Is With Globalization, Not the UK

Gordon Brown September 22, 2014
Scotland rejected declaring independence from the United Kingdom, 55 to 45 percent. Businesses, investors and political leaders are relieved about some certainty moving forward. Many analysts credit the outcome’s wide margin to a last-minute, passionate appeal from former Prime Minister Gordon Brown. Those who fear globalization may “seek to insulate themselves against what appears like an...

Not End of the Road Yet

Nayan Chanda September 22, 2014
Individuals and countries, too, find it convenient to blame their own failings on globalization, with many going so far as to suggest that the interconnections can be halted. Reports of a decline in globalization are greatly exaggerated, argues Nayan Chanda, YaleGlobal’s editor in his column for Businessworld. The process of new connections is uneven yet ongoing, ever picking up speed and volume...

Is the United States In or Out on Globalization?

Edward J. Reilly August 28, 2014
US political leaders are fretting about the need for tax reform as US companies purchase partners in tax-friendly countries, relocating their headquarters and tax base. The latest example is Burger King’s proposal to purchase Tim Hortons restaurant chain, based in Canada. The United States may be ambivalent on globalization, but there is no turning back, argues strategic communications consultant...

Globalization's Old “Race to the Bottom” Finds Unlikely Winners

Kenneth Rapoza August 27, 2014
Globalization has oft been described as a race to the bottom, but as with any race, there is much jockeying for position. The nations in the lead may surprise some corporations and nations, suggests a report from the Boston Consulting Group. China is not necessarily the big winner as demonstrated by expanded auto production in the United Kingdom, and Mexico is emerging as an alternative...