In The News

Allan Golombek October 3, 2019
President Donald Trump emphasized national interests, sovereignty and pride in his remarks before the UN General Assembly. Nations that avoid trade, though, could be at a disadvantage, explains Allan Golombek for RealClearMarkets. “Trade is the glue that largely holds together and fortifies the global economy,” he writes. “Unravel it, and the impact makes itself known – quickly.” With rising...
Rajkumar Singh August 2, 2019
Women represent nearly half the world’s population yet confront inequities that include dowry requirements, female infanticide and sex-elected abortions as well as with health, poverty, education and domestic violence. Women should understand that globalization favors self-reliant and self-regulated economic enterprises, suggests Rajkumar Singh, a professor of political science. Securing human...
June 4, 2019
This decade has witnessed a strengthening of economic ties between a number of Middle Eastern countries and China. While previously the Middle East was seen primarily as a petrol station, explains the Economist, with nearly half of China’s oil supplied by Arab countries and Iran, there was little direct foreign investment. The Economist reports that since 2010, Chinese investment has skyrocketed...
Noah Smith May 22, 2019
Productivity growth is slowing down in the United States, part of a global trend, reports Noah Smith for Bloomberg. Comparing how much workers produce across countries is difficult because of variances in data reporting. Economists have long credited technological and organizational changes for rising productivity, but Smith suggests reduced globalization may also be a factor. “From 1993 to 2008...
Avi Salzman and Nicholas Jasinski March 18, 2019
The bout of protectionism and transactional approaches to trade will linger even after China and the United States reach a trade agreemen. “Globalization is being overwhelmed by populism, nationalism, and protectionism,” explain Avi Salzman and Nicholas Jasinski for Barron’s, adding that globalization has long moved in cycles and is “no longer the dominant force.” Trade growth has slowed,...
Yan Xuetong February 16, 2019
US Vice President Mike Pence’s 2018 speech at the Hudson Institute, stopping short at inaugurating a new Cold War, bluntly enumerated China’s encroachment on US interests. His words illustrated the Trump administration’s perception of the rising power in the East, one determined to replace the United States in the global order. Yan Xuetong writes in Foreign Affairs that China does not seek an...
Chris Morris February 1, 2019
The United Kingdom, as an EU member, shares four decades of laws on trade, immigration, finance, health and safety, and more. If the EU and the UK part ways with no deal or extension for the negotiations and if the UK does not prepare replacement laws, that could pose uncertainty and serious disruption in most policy areas, reports Chris Morris for the BBC news. The report outlines progress on...