In The News

Michael Kimmelman April 23, 2010
Discussions of globalization often focus on how it is a homogenizing process, portraying Western culture as a hegemonic force that penetrates new markets and kills off traditional culture and local customs. Yet, argues New York Times columnist Michael Kimmelman, such a "dubious concept" of globalization fails to acknowledge that individuals can utilize its technological and...
Ben Wildavsky April 15, 2010
China’s efforts to improve its universities via partnerships with Western institutions represent an international trend toward bettering higher education. Singapore, South Korea, and Saudi Arabia have all engaged in similar partnerships intended to grow a strong national university system and thus mitigate the effects of the brain-drain. In Western Europe, nations such as France and Germany are...
Nayan Chanda March 17, 2010
Politicians in the US are expressing concern that the stimulus package could be creating more jobs in other countries than it does at home. But that's the reality of an interconnected world. The stimulus package commits billions of dollars for green energy projects in an attempt to combat both global warming and create jobs in the US. But many projects require global sourcing due to the...
John J. Metzler March 15, 2010
A new report from the UN concludes that the same forces that make globalization so appealing, such as unfettered travel and communications, are also providing a huge boost to narcotics traffickers, who take advantage of porous borders to ply their trade. This is particularly true in the European Union, where people can move freely within the EU's member states. In addition, drug traffickers...
Nayan Chanda February 18, 2010
The global economic crisis inspired cries of globalization’s demise, but economic data from the past two years paints a more complex picture. Developed countries generally suffered through negative GDP growth, while developing countries largely stayed in positive territory. Trade collapsed, with shipping indices sinking to surprising lows, but has since recovered. And total international travel,...
David Dapice February 15, 2010
Globalization appears to have weathered the storm of the financial crisis, but it may be poised for a tumble. According to economist David Dapice, many developing nations, whose economies often depend heavily on exports, cannot sustain themselves without the willing consumption of their goods by the developed world. But with a pullback in aggregated demand among developed nations, the prognosis...
Bernard K. Gordon February 12, 2010
From financial woes to security worries, a new world seems to be dawning in which the process of globalization risks slowing down. In part one of a two part series, YaleGlobal looks at trade troubles that may arise from a non-trade failure. For all the praise of free and open trade creating prosperity in the post-World War II, analysts often forget how the stability of the international system...