In The News

Jason Lim July 22, 2009
Korean politicians are fond of claiming that Korea’s cutting-edge technology industry will be the engine of its success in the global economy. However, managing editor of the Korea Policy Review Jason Lim contends that relying on the ability to churn out the latest in high-tech gadgets is no recipe for long-term success in a globalized world. Instead, he argues, Korea should focus on training its...
Nayan Chanda July 21, 2009
Racial discrimination is perhaps the most superficial of all prejudices. And this is borne out not simply by an examination of the causes, but also by the scientific data surrounding our common ancestry. Both maternal mtDNA and paternal Y-chromosome show that everyone carries genetic code of African origin. Humans’ differing physical features – blonde or black hair, round or slanted eyes – are...
Lord Mandelson June 15, 2009
World Trade Week may have been based in the UK, but it was aimed at sending the world a very powerful message: protectionism is not the way out of the current global recession. As UK Secretary of State for Business Lord Mandelson points out, it was the dismantling of global trade barriers over the last 80 years that led to the past century’s unrivaled economic progress. And, although times are...
Nayan Chanda March 17, 2009
Throughout history, global crises have disrupted trade, immigration and other activities that connect far corners of the world and promote wealth. Modern-day governments in wealthy, developed countries had assumed that their institutions, regulations, stockpiles and systems would secure against problems emerging elsewhere in the world. “The acceleration of transport and communication, and reduced...
Nayan Chanda February 26, 2009
Globalization has suffered two setbacks. First, skyrocketing prices for oil and the financial crisis which destroyed trillions of dollars of wealth and sent the whole world into a recession. Evoking World War I and the Great Depression, observers such as Financial Times columnist Martin Wolf suggested that the economic crisis will stoke protectionism and nationalism and therefore halt...
Nandini Lakshman February 24, 2009
The success of the film Slumdog Millionaire – a work of globalization in itself with the work of a British director, Indian actors and setting, and a US distributor – could mean more cooperative ventures between Bollywood and Hollywood. Films produced in each location have distinct flavors, and yet producers sense the opportunity for expanding audience numbers, by setting up offices and hiring...
Barbara Supp February 11, 2009
Television, internet and travelers send new ideas around the globe and that includes changing roles for women in business and government. As more females become the “face of power,” this also changes business and government traditions, explains Barbara Supp in an article for Spiegel Online. Globalization and the new ideas it delivers often runs”up against archaic social ideas that cement...