In The News

Changing Paradigms

Nayan Chanda September 13, 2010
Enduring a mortgage crisis followed by global recession and an ongoing credit crunch, Western nations extended emergency funding to major banks and also tightened regulations to prevent future crises. Now those same banks are expanding, even relocating operations to Asia’s substantial markets, offering rapid growth and business development. “The fact that one of America’s largest banks and one...

US Launched Corporate Globalization and First to End It

Joe Costello September 1, 2010
Globalization, people and ideas mixing through immigration and trade, has enriched the US but also added to complications. “America has been as successful, more so than most, using the principles and practices of this republic's founding, to mix the nationalities of Europe and more fitfully other peoples from across the planet into a relatively healthy concoction,” explains Joe Costello,...

China Discovers World Expo Is No Olympics

Maura Elizabeth Cunningham, Jeffrey N. Wasserstrom August 17, 2010
After the dazzling 2008 Olympics, China had hoped to draw attention once again with the World Expo, exceeding previous World’s Fair records with visiting nations, exhibitions and attendance. But even before the Expo, Shanghai and many other cities around the globe already carry significant international cachet, displaying futuristic trends, or what Maura Elizabeth Cunningham and Jeffrey N....

Do Multinationals Really Understand Globalization?

Navi Radjou, Prasad Kaipa August 13, 2010
Generations disagree about globalization's continuing influence over business routines. IBM conducted two polls among CEOs and students. In the CEO survey, most anticipated new centers of growth and influence to continue expanding beyond Europe and the US. But only 2 percent of the CEOs were from the emerging economies where so much new growth and change are anticipated. Students and...

The Age of Peace

Carolyn O’Hara August 2, 2010
Much attention is directed to nations with low birth rates and aging populations, blamed for diminished economic growth and strained government budgets. Another magazine, Foreign Policy, once even labeled the demographic phenomenon as a “Gray Menace.” But every cloud has its silver lining – and economics is not the only measure for quality of life. Developing nations with “youth bulges,” such as...

Iranian Exiles Struggle to Stay Involved

Neil MacFarquhar July 30, 2010
The reelection of President Mahmoud Ahmadinejad in June 2009 sparked some of the worst social unrest in Iran since the1979 Islamic Revolution. Using popular networking websites such as Facebook, Twitter and YouTube, protesters mobilized quickly on streets and university campuses. Swift government repression ensued causing some protesters to seek refuge abroad. Away from home, using internet...

Egyptian Group Wants to Censor Arabic Classic

Amro Hassan , Jeffrey Fleishman July 14, 2010
The collection of folktales known in English as “The Arabian Nights” are a classic work of globalization. For centuries, starting with the 9th, multiple storytellers traveled, spinning and elaborating the tales with themes and settings spanning ancient Mesopotamia, India, medieval Persia and Egypt. Arabic translators preserved the tales into book format, which later influenced modern writers of...